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Press Office - WorleyParsons Hydrocarbons and LNG

WorleyParsons Hydrocarbons and LNG

WorleyParsons has been delivering engineering and project management services to the global hydrocarbons industry for over sixty years. Our full-scope global project services span the entire asset lifecycle from the initial conceptual phase of major greenfield developments to ongoing asset services and brownfield modifications projects. Our capability and experience spans all oil and gas extraction and processing facility types and our global coverage enables us to provide comprehensive services to our customers wherever we are needed.

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Ferguson calls on NT govt to reconsider fracking stance

By: Esmarie Swanepoel     18th August 2017 The Australian Petroleum Production & Exploration Association (Appea) has called on the Northern Territory government to reconsider its stance on hydraulic fracturing (fracking), saying an onshore gas industry in the region could deliver new sources of stable, long-term revenue for the Territory... 

Origin widens losses in FY17

By: Esmarie Swanepoel     16th August 2017 Oil and gas producer Origin Energy has widened its statutory loss for the 2017 financial year, from A$628-million reported at the end of 2016, to A$2.22-billion. The company earlier warned of a A$1.2-billion post tax impairment on the second half of the 2017 financial year, driven by a... 

Santos to redirect gas to Pelican Point power station

By: Esmarie Swanepoel     14th August 2017 Oil and gas producer Santos reported on Monday that it had signed an agreement to redirect gas to the Pelican Point power station, to support South Australia’s energy needs. Starting in January next year, Santos will supply 15 PJ of electricity to the power station, through a mix of gas from the... 

Egypt to reduce imports of LNG to 80 cargoes in 2017/18 year

By: Reuters     14th August 2017 Egypt is planning to import 80 cargoes of liquefied natural gas during the 2017/18 financial year that began in July, Petroleum Minister Tarek El Molla told Reuters on Sunday, down from the 118 cargoes imported last year. Egypt has been trying to speed up the development of recent gas discoveries... 

Eni, Anadarko to build LNG terminals in Mozambique

By: Reuters     11th August 2017 Italy's Eni and US oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province, where Mozambique has made massive gas discoveries that... 

GAIL throws lifeline to Kochi LNG as it restarts gas pipeline construction

By: Ajoy K Das     8th August 2017 Gas infrastructure major GAIL India has started work on a stalled 438 km gas pipeline, throwing a lifeline to the Kochi liquefied natural gas (LNG) terminal, languishing at less than 10% capacity utilisation. GAIL last week officially restarted work on constructing the pipeline connecting Kochi... 

Gunvor offers Equatorial Guinea funding help in bid for LNG

By: Reuters     4th August 2017 Gunvor has offered to help Equatorial Guinea with financing as the Swiss commodity trader looks to edge out rivals bidding for supply from Africa's first deepwater floating liquefied natural gas (FLNG) plant. Gunvor, Vitol and Royal Dutch Shell have been shortlisted for an LNG off-take deal from... 

Australia Pacific liquefied natural gas project, Australia

By: Sheila Barradas     4th August 2017 Origin completed the 90-day operational phase of the two-train project finance lenders' test at the project in July. 

Legal and policy certainty required if gas economy is to be realised

By: Mia Breytenbach     4th August 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA) and greater clarity regarding the expected and stated imports of liquefied natural gas (LNG), says South African Oil and... 

Coral floating liquefied natural gas project, Mozambique

By: Sheila Barradas     28th July 2017 The project entails the engineering, procurement, construction, installation and commissioning for a floating liquefied natural gas facility. 

Gas beneficial in diversifying energy mix

By: Nica Schreuder     28th July 2017 Gas can be used to supplement the variable nature of renewables, thereby adding to a steadily diversifying energy mix in South Africa, says advisory firm KPMG South Africa energy economist Requier Wait. Variable renewable energy (VRE) is nondispatchable, owing to the fluctuating nature of, for... 

Gas-to-power a more favourable alternative energy source

By: Nica Schreuder     28th July 2017 The nuclear procurement programme was rejected in the High Court earlier this year and opens the way for greater advocacy around the gas-to-power programme, says oil and gas specialist Lizel Oberholzer. “The focus on nuclear energy generation has come at the cost of the development of other... 

Liquefied natural gas carrier project, South Korea

By: Sheila Barradas     28th July 2017 The project involves the construction of two small-scale liquefied natural gas carriers.  

Pacific Northwest LNG megaproject cancelled following review, ‘changed market conditions’ 

By: Henry Lazenby     26th July 2017 The Pacific NorthWest liquefied natural gas (PNW LNG) project has been cancelled by its shareholders, following an in-depth review and changed market conditions. Malaysia-based Petronas, the majority shareholder of the project, made the announcement on Tuesday, leaving the project, which has a... 

Export restrictions risk exacerbating domestic gas supply problem – Appea

By: Esmarie Swanepoel     24th July 2017 The Australian Petroleum Production & Exploration Association (Appea) has again warned against plans to restrict gas exports to boost domestic supply. The warning comes as Resources Minister Matt Canavan gave formal notice to liquefied natural gas (LNG) producers that he would consider whether... 

Woodside production falls in June quarter

By: Esmarie Swanepoel     20th July 2017 ASX-listed Woodside Petroleum has reported its second quarter of production decline during the three months to June, despite the Pluto liquefied natural gas (LNG) project delivering record rates. Production during the second quarter ended June reached 20.7-million barrels of oil equivalent,... 

Joint programme to fund new Australia gas projects

By: Esmarie Swanepoel     17th July 2017 During the recent Council of Australian Governments (COAG) meeting, Australian state and territory governments have agreed to work with the federal government to implement its A$26-million gas acceleration programme (GAP) to fast-track new gas to the east coast market. Minister for Resources and... 

New solutions make LNG to power a reality in Africa

By: Robyn Wilkinson     14th July 2017 Marine and energy solutions provider Wärtsilä will present solutions that provide a way for the South African government to realise its liquefied natural gas (LNG)-to-power ambitions in a realistic, cost-effective and swift manner at this year’s POWER-GEN & DistribuTECH Africa. 

Gas ‘would power SA growth’

     12th July 2017 A gas economy could significantly drive South African economic growth, and the discovery of substantial natural gas reserves in the Karoo would be akin to finding gold and sparking a new gold rush, speakers said at the opening of the 4th annual Africa LPG Summit and Natural Gas & CNG Africa Forum... 

MPRDA, LNG import clarity key to establishment of gas economy

By: Mia Breytenbach     11th July 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA), while greater clarity is also needed around the anticipated and stated imports of liquefied natural gas (LNG), says South... 

Sub-Saharan Africa needs a ‘gas economy’

     10th July 2017 Natural gas should not be overlooked as a key solution to several sub-Saharan African energy challenges In the rush to adopt renewable energy, Africa may be overlooking the cost savings, efficiencies and lifestyle enhancing properties of gas, say experts participating in the upcoming Africa LPG... 

Australia forecasts lower resource earnings as commodity demand is seen slowing

By: Esmarie Swanepoel     7th July 2017 Iron-ore and metallurgical price increases, which gave Australia’s resource and energy export earnings a 25% lift in 2016/17, are unlikely to last, resulting in the Office of the Chief Economist forecasting lower export earnings for the next two years. Resource and energy export earnings are... 

Prelude floating liquefied natural gas project, Australia

By: Sheila Barradas     7th July 2017 The floating liquefied natural gas facility for the Prelude operation has left South Korea on its way to Australia. 

Poland sees Trump visit catalyst to cut Russian gas reliance

By: Bloomberg     5th July 2017 Polish leaders are betting Donald Trump’s visit to Warsaw starting on Wednesday, two days before the US President meets his Russian counterpart, will bolster their efforts to reduce the nation’s dependence on natural gas from its eastern neighbour. Less than a month after Poland’s Baltic Sea... 

Prelude facility on its way to Australia – Shell

By: Esmarie Swanepoel     3rd July 2017 Global energy firm Royal Dutch Shell has announced that the floating liquefied natural gas (FLNG) facility for its Prelude operation has left South Korea on its way to Australia. On arrival at the Prelude offshore gas field, offshore Western Australia, the preinstalled mooring chains will be... 

Santos seals strategic investment deal with ENN and Hony

By: Esmarie Swanepoel     27th June 2017 Oil and gas major Santos has struck a strategic investment deal with shareholders ENN Group and Hony Capital, which jointly own a 15.1% interest in the company. The strategic agreement is based on mutual cooperation and assistance to support the growth of Santos, and will see ENN and Hony use... 

Experts ponder the effect electric cars could have on oil market

By: Kim Cloete     23rd June 2017 Climate change policies, green investment and changes in consumer behaviour are beginning to bite and are expected to have a major impact on oil consumption throughout the world, a special seminar on the future of oil and gas has heard. “The collapse in the price of oil and the failure of the... 

India seeks to extend LNG, energy cooperation with Qatar

By: Ajoy K Das     21st June 2017 Despite Qatar being pushed into diplomatic and economic isolation by its neighbours, India is deepening economic cooperation in liquefied natural gas (LNG) and energy with new proposals and initiatives. The Indian government has proposed a fresh long-term LNG purchase agreement, while the Qatari... 

Eni finalises $7bn Mozambique gas project investment

By: Bloomberg     16th June 2017 An Eni-led group signed off this month on a $7-billion investment in a project to export natural gas from Mozambique. The country’s President Filipe Nyusi and Eni CEO Claudio Descalzi attended a ceremony in the capital Maputo on June 1 to formally approve the Coral South liquefied natural gas... 

India assures domestic coal supplies for steel, cement companies

By: Ajoy K Das     15th June 2017 In another step towards zero coal imports, India’s Coal Ministry has offered assured domestic coal supplies to companies outside of the power generation industry. Under the new framework, coal consuming companies in the steel, cement and fertiliser sectors, would receive coal supplies from Coal... 

AEMO says low risk of energy shortfall in 2017/18

By: Esmarie Swanepoel     15th June 2017 New data by the Australian Energy Market Operator (AEMO) has found that there is no shortage of gas supply and that there is a low risk of electricity shortfalls for an average summer in 2017/18. “Following the release of our Gas Statement of Opportunities in March, the Energy Supply Outlook... 

Moheshkhali floating liquefied natural gas terminal project, Bangladesh

By: Sheila Barradas     9th June 2017 The project entails the construction of a floating liquefied natural gas terminal about 2.4 km off the shore of Sonadia Island, in Bangladesh. 

Experts see radical changes ahead in the oil and gas industry

By: Kim Cloete     8th June 2017 Climate change policies, green investment and changes in consumer behaviour are beginning to bite and are expected to have a major impact on oil consumption throughout the world, a special seminar on the future of oil and gas has heard. “The collapse in the price of oil and the failure of the... 

Americas-focused Liquefied Natural Gas looks at US listing

By: Esmarie Swanepoel     8th June 2017 Perth-based Liquefied Natural Gas (LNG) has flagged a potential redomiciling to the US, along with either a listing on the New York Stock Exchange or NASDAQ. The ASX-listed company on Thursday told shareholders that the board had been evaluating a US listing, with the belief that such a... 

Victoria plans gas export cap to shore up local supply

By: Esmarie Swanepoel     7th June 2017 The Victorian government on Wednesday proposed reforms to the gas market that would place a temporary cap on gas exports from the state to ensure local supplies. “There is something seriously wrong when you can buy Australian gas in Japan for a cheaper price than what businesses in Victoria are... 

Higher gas prices driving away investment - report

By: Esmarie Swanepoel     6th June 2017 A new report by independent energy consultancy EnergyQuest has revealed that instead of driving a gas investment boom, high energy prices on Australia’s east coast was in fact resulting in lower underlying gas demand. EnergyQuest CEO Dr Graeme Bethune on Tuesday said that total east coast... 

Woodside signs energy deal with Indonesian buyer

By: Esmarie Swanepoel     6th June 2017 Oil and gas producer Woodside Energy has struck a long-term sales and purchase agreement with Indonesian oil and gas company PT Pertamina for the supply of liquefied natural gas (LNG), starting in 2019. Woodside said on Tuesday that the company had committed to ramp up supply to about 600 000 t/y... 

Orion offshore construction vessel project, China

By: Sheila Barradas     2nd June 2017 The project entails the construction of an offshore construction vessel, which will undertake operations involving the installation of offshore wind farms in locations worldwide. 

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