The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.
Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.
Supplying liquefied natural gas (LNG) to the expanding Asian market has become more expensive for US producers this year, a Rystad Energy report reveals. Even so, US exporters are unlikely to repeat last year’s cost-related shut-ins as global demand has rebounded to strong levels. Instead, US LNG exports climbed to a record monthly high of 6.5 million tonnes in May and may keep rising to new peaks, according to the energy consultancy.
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Qatar Petroleum (QP) will become the sole owner of the Qatargas 1 joint venture, after opting not to renew the deal with Total, ExxonMobil, Marubeni and Mitsui.
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Qatargas has awarded front-end engineering and design (FEED) plans on the North Field South (NFS) project to McDermott International.
Saudi Aramco has suspended the contract for the Main Pass I jack-up for up to 12 months, Shelf Drilling has reported.
Qatar Petroleum (QP) has placed an order with Baker Hughes for multiple main refrigerant compressors for the North Field East (NFE) project.
Qatargas has chosen Air Products to supply process units to the major LNG expansion programme, which will become operational in 2025.
Qatar Petroleum (QP) has signed the largest shipbuilding contract in history to shore up its LNG growth plans, this is said to account for around 60% of global LNG shipbuilding capacity until the late 2020s.
Qatar Petroleum (QP) has begun development drilling on its North Field East (NFE) project, which will sustain its major LNG expansion plans.
Qatargas will supply 1 million tonnes per year of LNG to Shell, for delivery to Kuwait, starting this year.
Nakilat has bought the outstanding 49.9% stake in a joint venture it had with International Seaways for $123 million in cash.