Prelude has resumed LNG cargoes shipments after being offline for 11 months as a result of technical issues, Royal Dutch Shell announced this week.
Prelude was forced to suspend production last February after an electrical trip and subsequently faced a series of technical issues that delayed the restart.
However, Shell said that Prelude was back in production and on January 8 the LNG tanker Symphonic Breeze loaded a cargo destined for Japan.
The restart couldn’t have come at a...
Total SE has removed workers from the Mozambique LNG plant under construction in the northern part of the country with Islamic militant attacks encroaching ever closer to the US$30 billion project.
Reports said that while the heavily guarded LNG facility had not been breached yet by the insurgents, a recent attack was launched on a town which is located less than 5km away from the gas processing site.
Total SE has taken every precaution to protect workers and said it was continuously...
Global methanol capacity is poised to see considerable growth by 2030, potentially increasing from 148.44 million tonnes per annum (mtpa) in 2019 to 310.94 mtpa in 2030, registering a total growth of 109%.
Russia, Iran and the US are expected to drive capacity additions during the forecast period. Together these three countries will contribute around 59% of the total global methanol capacity additions, says data and analytics company, GlobalData.
GlobalData’s report, ‘READ MORE
Data presented by Bankr indicates that the United States oil and gas rigs in operation have dropped by 59.49%. The drop was recorded between February 2020 and November 2020.
In February, the rigs were 790 while in November the number was at 320. In March, the rigs plunged to 728 before dropping by 36.2% to 465 in April. As of May, operating rigs stood at 301 and later declined to 265 in June.
The lowest number of operating rigs was in July at 251 which slightly rose in August at 254....
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall, according to projections by data and analytics company GlobalData,.
Global Data said that market demand for oil and gas, which plummeted globally from March 2020 as the COVID-19 pandemic took hold, would continue to weigh down oil prices unless an effective vaccine was made available.
GlobalData’s latest...
Media in Africa have reported that Mozambique soldiers were able to defeat an Islamic insurgent attack which was targeting Total’s $30 billion LNG plant in the east African country – the second attack launched during the month of December.
According to reports, the battle came within 21km of the project in the Cabo Delgado province and is the continuation of a conflict that is believed to have killed 2,500 people and left 570,000 homeless.
The...
APPEA has welcomed new funding by the WA Government to deliver the learning materials needed to ensure training of operators for liquefied natural gas (LNG) plants is recognised industry-wide.
APPEA WA Director Claire Wilkinson said the funding, outlined in the State’s 2020–21 Government Mid-year Financial Projections Statement, will ensure operators are taught in a consistent manner across training providers.
“With the bulk of Australia’s LNG plants and production...
EnergyQuest CEO Graeme Bethune said November was a strong month for Australian LNG exports, with 6.9 million tonnes (Mt) shipped, the highest since April this year. This was despite supply disruptions from Gorgon, Australia’s second largest project, and delays to the start-up of the Prelude floating LNG project.
Bethune said one of the reasons for the strong performance was record production from the east coast LNG projects at Gladstone. Taken together, the Gladstone projects exceeded...
A new Productivity Commission report has highlighted that better and more streamlined regulation of Australia’s resources sector will help support future investment and build community trust in the sector.
The Resources Sector Regulation report said there is considerable scope to improve regulatory processes and reduce unnecessary burdens to support investment into resources without having adverse impacts on the environment, heritage, worker safety, landowners and communities.
CO2CRC has announced that the CO2 injection for the Otway Stage 3 Project has successfully commenced.
CO2CRC’s Otway Stage 3 Project trials next generation subsurface monitoring and verification (M&V) technologies to reduce the costs for monitoring in industrial applications.
CO2 storage projects require M&V to understand movement of the injected CO₂ plume in the subsurface.
Traditional methods monitor the CO2 from the surface and can be costly due to...