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.
Monday, 30 September 2024
McDermott Awarded FEED Contract in Mozambique
McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A.
The Rovuma LNG Phase 1 project represents a significant development for the country and provides a significant opportunity for economic growth. The project includes liquefaction and export of natural gas extracted from the Offshore Area 4 fields off the Afungi Peninsula in Mozambique.
"LNG helps shape an entirely new era of energy solutions and McDermott plays a significant role in this global shift with more than 60 years of LNG experience," said Rob Shaul, Senior Vice President of McDermott's Low Carbon Solutions business. "McDermott is well established in Mozambique and can apply this knowledge and experience to continue the country's industrial, social and economic development."
The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum (MTPA). The scope of work also includes the engineering, procurement and construction proposal.
Work on the project will be executed from McDermott's office in London.
The Rovuma LNG Phase 1 project represents a significant development for the country and provides a significant opportunity for economic growth. The project includes liquefaction and export of natural gas extracted from the Offshore Area 4 fields off the Afungi Peninsula in Mozambique.
"LNG helps shape an entirely new era of energy solutions and McDermott plays a significant role in this global shift with more than 60 years of LNG experience," said Rob Shaul, Senior Vice President of McDermott's Low Carbon Solutions business. "McDermott is well established in Mozambique and can apply this knowledge and experience to continue the country's industrial, social and economic development."
The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum (MTPA). The scope of work also includes the engineering, procurement and construction proposal.
Work on the project will be executed from McDermott's office in London.
Technip Energies and JGC Corporation awarded FEED contract by ExxonMobil for the Rovuma LNG project in Mozambique
Technip Energies (PARIS: TE) and JGC Corporation have been awarded the Front-End Engineering Design (FEED) contract by ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV), a joint venture of ExxonMobil, Eni, and CNPC – for the Rovuma LNG project at Palma in the Afungi peninsula, Northeast of Mozambique.
The Rovuma LNG project will consist of an LNG plant with a total production capacity of 18 Mtpa(1), comprising 12 fully modularized LNG trains of 1.5 Mtpa each.
The plant design will feature electric-driven LNG trains instead of gas turbines, reducing greenhouse gases emissions compared to conventional LNG projects. It will also include prefabricated and standardized modules to be assembled at the project site in Mozambique, offering cost competitiveness and certainty in delivery schedule.
Mario Tommaselli, SVP Gas and Low Carbon Energies of Technip Energies commented: “We are honored to have been selected by ExxonMobil and its partners to design the Rovuma LNG project. By leveraging our expertise in modularization and electrified LNG, we are committed to support ExxonMobil and its partners towards final investment decision, as well as strengthening our presence in Mozambique to contribute to long-term economic growth and its ambition to become one of Africa’s leading LNG exporters.”
Farhan Mujib, Representative Director, President of JGC, commented: “We are pleased to have been awarded by ExxonMobil and its partners, large-scale and environmentally efficient LNG Project in Mozambique. With the global focus on decarbonization and energy security, the JGC Group is accelerating the promotion of energy transition, and this project is firmly in line with the direction of our strategy. We are convinced this project of national significance will contribute to enhance economic and industrial growth in Mozambique and East Africa."
The Rovuma LNG project will consist of an LNG plant with a total production capacity of 18 Mtpa(1), comprising 12 fully modularized LNG trains of 1.5 Mtpa each.
The plant design will feature electric-driven LNG trains instead of gas turbines, reducing greenhouse gases emissions compared to conventional LNG projects. It will also include prefabricated and standardized modules to be assembled at the project site in Mozambique, offering cost competitiveness and certainty in delivery schedule.
Mario Tommaselli, SVP Gas and Low Carbon Energies of Technip Energies commented: “We are honored to have been selected by ExxonMobil and its partners to design the Rovuma LNG project. By leveraging our expertise in modularization and electrified LNG, we are committed to support ExxonMobil and its partners towards final investment decision, as well as strengthening our presence in Mozambique to contribute to long-term economic growth and its ambition to become one of Africa’s leading LNG exporters.”
Farhan Mujib, Representative Director, President of JGC, commented: “We are pleased to have been awarded by ExxonMobil and its partners, large-scale and environmentally efficient LNG Project in Mozambique. With the global focus on decarbonization and energy security, the JGC Group is accelerating the promotion of energy transition, and this project is firmly in line with the direction of our strategy. We are convinced this project of national significance will contribute to enhance economic and industrial growth in Mozambique and East Africa."
Monday, 23 September 2024
Commercial Operations of the Alexandroupolis LNG Terminal
Gastrade is pleased to announce that the Commercial Operations Date of the LNG Alexandroupolis Terminal is confirmed for October 1st, 2024, following the successful completion of all commissioning tests.
The imminent commencement of operations at the LNG Alexandroupolis Terminal marks the completion of a project with prominent European, National and local significance.
The Project will enhance Greece’s leadership role in energy and will contribute to the diversification of gas resources, to the energy security and the establishment of a liquid regional gas trading hub in Southeast and Central Europe.
The Project will also support the expansion and will strengthen the perspective of the Vertical Corridor Initiative.
The entire Gastrade Team is thrilled to begin commercial operations of the LNG Alexandroupolis Terminal, coinciding with the new Gas Year, very soon.
The imminent commencement of operations at the LNG Alexandroupolis Terminal marks the completion of a project with prominent European, National and local significance.
The Project will enhance Greece’s leadership role in energy and will contribute to the diversification of gas resources, to the energy security and the establishment of a liquid regional gas trading hub in Southeast and Central Europe.
The Project will also support the expansion and will strengthen the perspective of the Vertical Corridor Initiative.
The entire Gastrade Team is thrilled to begin commercial operations of the LNG Alexandroupolis Terminal, coinciding with the new Gas Year, very soon.
Wednesday, 4 September 2024
NFE’s Fast LNG Asset Receives DOE Long-Term Authorization for LNG Export to Non-FTA Countries
New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that it has received authorization from the United States Department of Energy (“DOE”) to export up to ~1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (“FLNG 1”) asset located offshore Altamira, Mexico for a term of five years. In combination with the previously received Free Trade Agreement authorization granted by the DOE, our FLNG 1 asset is now able to export LNG to markets and customers worldwide.
“This important authorization cements NFE’s position as a leading global vertically integrated gas to power company and enhances the marketability of our FLNG 1 asset. NFE is now able to freely supply cheaper and cleaner natural gas to underserved markets across the world and further our goal of accelerating the world’s energy transition,” said Wes Edens, Chairman and CEO of New Fortress Energy.
“This important authorization cements NFE’s position as a leading global vertically integrated gas to power company and enhances the marketability of our FLNG 1 asset. NFE is now able to freely supply cheaper and cleaner natural gas to underserved markets across the world and further our goal of accelerating the world’s energy transition,” said Wes Edens, Chairman and CEO of New Fortress Energy.
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