Sahara Group, a leading global energy and infrastructure conglomerate announced today that it has entered into a Heads of Agreement (HOA) with Amigo LNG SA de CV (Amigo LNG) of Mexico, a subsidiary of LNG Alliance Pte Ltd, to supply Liquefied Natural Gas (LNG) from its liquefaction facility in Guaymas, Sonora, Mexico. This agreement marks a significant step in strengthening long-term LNG supply chains aimed at serving the rapidly growing energy markets in Asia and Latin America.
“This agreement strengthens our collaboration with Sahara Group, a dynamic leader in Africa’s energy sector, and firmly positions Amigo LNG as a key player in the global LNG supply market,” said Muthu Chezhian, CEO of LNG Alliance Pte Ltd. “Our partnership drives forward our shared vision of delivering sustainable, reliable, and scalable energy solutions to meet the world’s evolving needs. Together, we are committed to advancing energy transition goals, fostering innovation, and expanding access to clean energy resources globally, creating lasting impact and positive change for future generations.”
Wale Ajibade, Executive Director, Sahara Group, expressed enthusiasm about the partnership: “This HOA with Amigo LNG perfectly aligns with Sahara Group’s commitment to bringing energy to life responsibly by facilitating access to clean, reliable, and sustainable energy solutions. By expanding our LNG portfolio, we are reinforcing our dedication to delivering more affordable energy globally. This partnership not only strengthens our foothold in the LNG industry but also positions us to support energy transition efforts. We are excited to collaborate closely with Amigo LNG and look forward to the transformative impact we will create together.”
The Amigo LNG project, a large-scale 7.8 MTPA liquefaction and export facility located on Mexico’s west coast, benefits from its proximity to key shipping lanes and access to Asia-Pacific markets. Developed in close cooperation with the State of Sonora and the Port of Guaymas, this facility is a vital component of Mexico’s emerging LNG export industry.
Thursday 31 October 2024
KPHL Sign FLNG Pre-Feed Contract
On the sidelines of the 2024 Petroleum & Energy Conference today, Kumul Petroleum Holdings Limited Managing director, Wapu Sonk signed a Pre-Front-End Engineering & Development (FEED) contract for a Floating LNG (FLNG) facility in the Gulf of Papua, in PNG.
Mr Sonk announced that this important contract had been awarded to Shanghai Wison Offshore & Marine Company Ltd. Mr Damien Nguyen, the Chief Technical Officer (CTO), who signed on behalf of the company said Wison is delighted to work closely with Kumul Petroleum in its ambitious plan to commercialise gas fields in Papua New Guinea.
“Kumul Petroleum Holdings Limited has for some time been investigating how to commercialise stranded gas resources, particularly those in our Petroleum Retention Licenses (PRLs 47 &50) over the Pandora and Uramu gas fields, offshore of Gulf Province,”
“This is a critical step and in the right direction, one we are extremely excited about as the National Petroleum Company,” Mr Sonk said.
“KPHL has evaluated these gas discoveries and completed reserve certification, which has given us confidence to move to this stage of the commercialisation plan.”
“KPHL is 100% license holder of the two PRL offshore licenses at the moment and intends to farm down post this study to interested partners who see value in the 1.5mtpa FLNG project in PNG.”
“This pre-FEED study is a necessary step to ensure that we understand the full scope, cost, schedule, risk and the full economic value before making a decision on moving to FEED and Final Investment Decision. The pre-FEED study is expected to take 8-12 months, leading to entry of FEED thereafter, and FID sometime in 2026 or 2027.
Mr Sonk announced that this important contract had been awarded to Shanghai Wison Offshore & Marine Company Ltd. Mr Damien Nguyen, the Chief Technical Officer (CTO), who signed on behalf of the company said Wison is delighted to work closely with Kumul Petroleum in its ambitious plan to commercialise gas fields in Papua New Guinea.
“Kumul Petroleum Holdings Limited has for some time been investigating how to commercialise stranded gas resources, particularly those in our Petroleum Retention Licenses (PRLs 47 &50) over the Pandora and Uramu gas fields, offshore of Gulf Province,”
“This is a critical step and in the right direction, one we are extremely excited about as the National Petroleum Company,” Mr Sonk said.
“KPHL has evaluated these gas discoveries and completed reserve certification, which has given us confidence to move to this stage of the commercialisation plan.”
“KPHL is 100% license holder of the two PRL offshore licenses at the moment and intends to farm down post this study to interested partners who see value in the 1.5mtpa FLNG project in PNG.”
“This pre-FEED study is a necessary step to ensure that we understand the full scope, cost, schedule, risk and the full economic value before making a decision on moving to FEED and Final Investment Decision. The pre-FEED study is expected to take 8-12 months, leading to entry of FEED thereafter, and FID sometime in 2026 or 2027.
Wood to deliver front-end engineering design for Singapore LNG expansion
Wood, a global leader in consulting and engineering, has been awarded the front-end engineering design (FEED) contract for the development of Singapore’s Second liquefied natural gas (LNG) Terminal by Singapore LNG Corporation (SLNG).
According to the Singapore Economic Development Board, more than 95% of electricity in Singapore is generated from natural gas. With an estimated five million tons per annum of additional capacity to come from this expansion, the new terminal will further enhance and secure Singapore’s growing energy needs.
This project will feature a floating storage and regasification unit (FSRU), a specialised vessel used for LNG and the first-of-its-kind deployed permanently for Singapore. Intended to be located at the Jurong Port, the terminal will feature facilities for transfer of regasified LNG from the ship to the onshore gas transmission network. Wood will review the FSRU design and coordinate its integration into the onshore connecting infrastructure.
Henry Ling, Senior Vice President of Process & Chemicals Asia Pacific for Wood, said: “We are thrilled to be awarded the engineering contract for the Second LNG Terminal, enabling the delivery of additional low-carbon LNG services.
“Wood successfully supported SLNG with the engineering of the first LNG Terminal which was completed in 2013. We will deliver the same exceptional quality of work for this complex concept, utilising our expertise in LNG terminal design and regasification. Combining our marine infrastructure design and experience with Singapore’s regulatory approvals will bring this low-carbon concept to reality.”
Over 50 Wood employees based in Singapore will be involved in delivering the project, with subject matter experts in Ireland and Scotland supporting on the marine infrastructure design and experts in Spain supporting on the FSRU design.
According to the Singapore Economic Development Board, more than 95% of electricity in Singapore is generated from natural gas. With an estimated five million tons per annum of additional capacity to come from this expansion, the new terminal will further enhance and secure Singapore’s growing energy needs.
This project will feature a floating storage and regasification unit (FSRU), a specialised vessel used for LNG and the first-of-its-kind deployed permanently for Singapore. Intended to be located at the Jurong Port, the terminal will feature facilities for transfer of regasified LNG from the ship to the onshore gas transmission network. Wood will review the FSRU design and coordinate its integration into the onshore connecting infrastructure.
Henry Ling, Senior Vice President of Process & Chemicals Asia Pacific for Wood, said: “We are thrilled to be awarded the engineering contract for the Second LNG Terminal, enabling the delivery of additional low-carbon LNG services.
“Wood successfully supported SLNG with the engineering of the first LNG Terminal which was completed in 2013. We will deliver the same exceptional quality of work for this complex concept, utilising our expertise in LNG terminal design and regasification. Combining our marine infrastructure design and experience with Singapore’s regulatory approvals will bring this low-carbon concept to reality.”
Over 50 Wood employees based in Singapore will be involved in delivering the project, with subject matter experts in Ireland and Scotland supporting on the marine infrastructure design and experts in Spain supporting on the FSRU design.
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