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Liquefied Natural Gas

NSW Government declares Newcastle LNG import terminal as “critical” for the State

THE proposed Liquified Natural Gas (LNG) import terminal at Newcastle that could supply up to 80% of NSW’s gas needs has been declared Critical State Significant Infrastructure. Acting NSW Premier John Barilaro said the proposal for the new $589 million gas import terminal at Kooragang Island in the Port of Newcastle would include a connecting pipeline to the existing NSW gas supply network. “The terminal could be operational by 2022-23

AIE awards construction contract for the Port Kembla LNG Terminal

AUSTRALIAN Industrial Energy (AIE) has announced another important milestone in the development of its Port Kembla Gas Terminal (PKGT) with the award of the key wharf facility and pipeline construction contract for the LNG import facility. The contract was awarded to the SCSB joint venture which comprises Spiecapag and Soletanche Bachy, which are international specialists in the core construction works required to build the PKGT wharf facility and pipeline connection

Innovative Darwin LNG Battery Project to reduce carbon emissions

CONOCOPHILLIPS Australia, operator of the Darwin LNG project, has announced that it will invest in an innovative battery project projected to reduce the facility’s carbon emissions from power generation by 20%.. The battery will enable the existing turbines to run at maximum efficiency and remove the need to run an additional turbine, saving thousands of tonnes of fuel gas and reducing maintenance costs. Darwin LNG will become the world’s first

Santos moves closer to completing entry into key PNG permit

SANTOS has moved closer to completing its move into a key Papua New Guinea permit with the signing a binding letter of intent (LOI) which sets out the terms by which the Australian company will purchase a 14.32% equity interest in Petroleum Retention Licence (PRL) -3. PRL-3 contains the giant P’nyang gas field, which the licence participants ExxonMobil, Total, Oil Search, JX Nippon and soon Santos, propose to develop in

Santos awards major Barossa project contract

SANTOS has announced that the Barossa project has strengthened its position as what it believes is the leading candidate for Darwin LNG (DLNG) backfill with the award of the Subsea Production System (SPS) contract. Following a competitive tender, Technip Oceania Pty Ltd was the successful bidder to supply the SPS. The Engineering, Procurement and Construction (EPC) contract represents a commitment to long-lead items in advance of a final investment decision.

Woodside signs 10 year LNG agreement with ENN

WOODSID has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a period of 10 years, commencing in 2025. Woodside CEO Peter Coleman said the HOA, signed at LNG2019 in Shanghai, builds on an October 2018 cooperation agreement, under which the two companies committed to work together to explore a broad range of potential business

Premier announces plans for a world-first LNG plant in WA

The Western Australia Government has teamed up with The University of Western Australia (UWA) and the LNG industry to develop a world-first microscale LNG plant, as part of an LNG Futures Facility in Kwinana. In Shanghai, representing Western Australia at the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG19), Premier Mark McGowan was joined by industry leaders and UWA to make the announcement. The State Government will provide

Oil Search says PNG could double its LNG production in near future

PNG is on the threshold of substantial new investment that could double its LNG production in the coming years, according to the country’s leading petroleum company. Oil Search managing director, Peter Botten, made this forecast whilst advocating major new infrastructure must be developed in a responsible and sustainable way. Speaking at the PNG Petroleum and Energy Summit in Port Moresby, Mr Botten said the global LNG market is highly competitive

Study forecasts a boost in Asia Pacific oil and gas investments

CONFIDENCE in the outlook for Asia Pacific’s oil and gas industry has more than doubled in the past two years, according to new research published by DNV GL. The study found that 76% of senior oil and gas professionals in Asia Pacific are optimistic about the industry’s growth in 2019, compared with 58% in 2018 and 30% in 2017. The proportion of industry leaders who are confident in their own

Woodside takes big Scarborough step with four contract awards

WOODSIDE has awarded four contracts for front-end engineering design activities for the proposed Scarborough Project off the north west coast of Western Australia/ The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines. Each contract includes an option to progress to execute phase activities, which is subject to, among other conditions, a positive final investment decision