The Papua LNG joint venture partners led by Total SA have signed a memorandum of understanding with the government of Papua New Guinea for development of the Elk-Antelope gas-condensate fields, known as the Papua LNG Project.
Japanese Prime Minister Shinzo Abe has officially opened the Inpex group’s $40-billion Ichthys LNG project at a ceremony in Darwin, a symbolic milestone that also propels Australia to the top of the list of the world’s LNG exporters, according to Adelaide-based energy economics group EnergyQuest.
International news for oil and gas professionals
State-owned Sonatrach has let a contract to a subsidiary of Maire Tecnimont SPA to provide engineering, procurement, and construction services for implementation of a fourth LPG processing train inside Sonatrach’s existing ZCINA gas processing complex in central Algeria’s Hassi Messaoud area.
Enterprise Products Partners LP (EPP) has started construction of a seventh natural gas processing plant in the Delaware basin. Situated in Loving County, Tex., the Mentone cryogenic gas processing plant will have the capacity to process 300 MMcfd of gas and extract more than 40,000 b/d of NGLs upon its startup in first-quarter 2020, EPP said.
The Asia-Pacific’s oil and gas industry looks set to rebound over the next 12 months as rising demand, stronger commodity prices, and an uptick in merger and acquisition activity bring greater confidence to the region, according to a recent report from Wood Mackenzie.
Qatar Petroleum (QP) is adding a fourth liquefaction train to the LNG expansion project it announced in 2017. When the expansion is complete, Qatar’s LNG production capacity will be 110 million tonnes/year, a roughly 43% increase from the current 77 million tpy.
ExxonMobil Alaska Production Inc. and Alaska Gasline Development Corp. (AGDC) agreed to certain key terms including price and a volume basis in a gas sales precedent agreement signed by officials on Sept. 10 in Anchorage. The agreement represented an important milestone for the Alaska LNG project, the parties noted.
