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US will contribute 73% of global LNG liquefaction capacity growth by 2023, says GlobalData
US will contribute 73% of global LNG liquefaction capacity growth by 2023, says GlobalData   The US is forecast to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around 73% of global new-build LNG liquefaction capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report‘H2 2019 Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals – North American Companies Dominate Global Liquefaction Capacity Additions’ reveals that the US is expected to account for a new-build LNG liquefaction capacity of 156.9 million tonnes per annum (mtpa) from planned and announced projects by 2023. Of this, 79 mtpa of capacity comes from planned projects, while the rest is from announced projects. Adithya Rekha, Oil & Gas Analyst atGlobalData, comments: “The US is expe...
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Cost changes in projects on the Norwegian continental shelf
Cost changes in projects on the Norwegian continental shelf   Equinor is the operator for 21 projects in the implementation phase, with a total investment of around 210 billion kroner. 20 of these are on the Norwegian shelf or at Norwegian onshore facilities. Production from the first phase of Johan Sverdrup started on 5 October, well ahead of schedule, while costs have been reduce...
Petrofac wins North Sea contract
Petrofac wins North Sea contract   UAE-linked Petrofac, an international service provider to the oil and gas production and processing industry, has secured a contract to support the apprai...
U.S. Natural Gas Reserves Continue To Soar
U.S. Natural Gas Reserves Continue To Soar   “Watching our estimates for the Marcellus rise from 2 trillion, to 84 trillion, to 97 trillion in under 20 years demonstrates the effects...
Phase I of Azar Oilfield Complete by March 20
Phase I of Azar Oilfield Complete by March 20   The first phase development project of Azar Oilfield will be complete with 65,000 b/d of crude oil production capacity. The CEO of the Pet...
Johan Sverdrup, the North Sea giant, is on stream
Johan Sverdrup, the North Sea giant, is on stream   On 5 October Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, started production from t...
Gold award for Engage PR director
Gold award for Engage PR director   Aberdeen-based Engage PR is celebrating after winning at a prestigious Scottish PR awards event in Glasgow. James Donaldson, director at the communica...
Uplift in training boosts turnover for STC Global
Uplift in training boosts turnover for STC Global   Aberdeen headquartered, STC Global, has reported a 50% rise in business for their training arm over the past year. Over the course of...
US set to contribute 85% of North America’s liquids storage capacity growth by 2023, says GlobalData
US set to contribute 85% of North America’s liquids storage capacity growth by 2023, says GlobalData   The US is set to drive most of the liquids storage capacity growth in North Amer...
Hydrenor joins board of key hydrogen storage research project
Hydrenor joins board of key hydrogen storage research project   A specialist firm providing advisory services in clean energy investments and projects has started an advisory role on the bo...
Bob Dudley steps down as chief executive of BP
 Bob Dudley steps down as chief executive of BP   BP chief executive Bob Dudley is to step down as chief executive after a decade running the oil giant. Dudley, who has spent 40 ye...
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