Oil and gas exploration company Ophir Energy has terminated discussions with Schlumberger regarding the latter’s participation in Fortuna floating LNG project, offshore Equatorial Guinea. The duo in January entered into a non-binding Heads of Terms Agreement whereby Schlumberger would get a 40% econ
London-based GE Oil & Gas has informed that it has started production of four high pressure, high temperature (HP/HT) dynamic flexible risers for Shell’s Prelude FLNG. Often dubbed as the world’s largest offshore floating facility, the Prelude floating liquefied natural gas facility will be located
Oil and gas company Shell has awarded the Swiss-based provider of power and automation technologies, ABB, a five-year contract to deliver equipment and services for Shell’s Prelude FLNG project offshore Australia. The order includes the delivery of motors, generators, variable speed drives and low-v
Cape plc, a provider of industrial services to the energy and natural resources sectors, has secured a contract with Samsung Heavy Industries (SHI) in South Korea for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit. The contract is for the installation of insulation to the cryogenic pipew
Höegh LNG Holdings on Tuesday announced its decision to put all FLNG activities on hold and to allocate all resources and capital to its core business; floating storage and regasification units (FSRUs). According to Höegh, this is where the company sees the highest return on invested capital and the
The Anglo-Dutch oil and gas major Shell recently shared a video tracking the 2015 progress of the company’s first ever FLNG project, Prelude, that will be located offshore Western Australia. The video covers the installation of the last giant topside module in South Korea, through subsea equipment i
There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood, an energy intelligence group, forecasting total expenditure of $58.3 billion in its new market report. DW added that 61% of this spend is attributed to liquefaction i
Shell, an Anglo–Dutch multinational oil and gas company, has released a new video showing its Prelude floating liquefied natural gas (FLNG) project taking shape. According to Shell, Prelude FLNG will liquefy natural gas at sea and it is the world’s largest offshore floating facility. The first site
KBR Inc. announced today it has been awarded a near-shore floating LNG Front End Engineering Design (FEED) contract by Lloyds Energy Ltd. Under this contract, KBR will provide integrated topsides and hull engineering design services for a nominal 2.5 million TPA floating natural gas liquefaction pla
Keppel Shipyard in Singapore and Black & Veatch in the USA have recently awarded Kongsberg Maritime an order for the delivery of an Electrical package and Safety and Automation System for Golar LNG’s conversion of the ex-LNG Carrier Golar Hilli to an FLNG (Floating Liquefied Natural Gas production u
DNV GL has unveiled a new FLNG concept called Solitude, for which the company promises it could boost safety and reduce costs, as it would be unmanned. According to DNV GL, the concept demonstrates how technological advances – most of the technology already within reach — can be combined into a solu
Rolls-Royce has secured a contract with Keppel Shipyard in Singapore to supply two all-gas engines for power generation on-board a Floating Liquefaction Vessel (FLNGV) owned by Golar LNG Ltd. The vessel Hilli was a former LNG carrier and is being converted to a FLNGV carrier. According to Rolls-Royc
Golar LNG Limited (“Golar”) and Rosneft Oil Company (“Rosneft”) have entered into a Memorandum of Understanding (“MoU”) that foresees cooperation between the companies in the area of floating liquefaction (FLNG) and transportation of natural gas. Under this MoU the companies will enter into discussi
ABB, a power and automation technology group, has won a contract worth more than $50 million to supply the electrical system for one of “the world’s first commercial floating liquefied natural gas (FLNG) facilities”, and the second to be owned by Malaysian oil and gas company PETRONAS. It will be ca
