R/€ = 14.48 Change: -0.01
R/$ = 12.93 Change: 0.04
Au 1255.33 $/oz Change: 0.16
Pt 930.00 $/oz Change: 2.25

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.


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... 

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... 

Italy's Eni signs LNG deal in Mozambique, raising hopes of gas boom

By: Reuters     2nd June 2017 Italian energy company Eni signed an $8-billion deal on Thursday to develop a gas field off the coast of Mozambique, the first of a series of projects that could transform the poor African nation into a major energy supplier to Asia. Developing the Coral South field, discovered in May 2012 and... 

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. 

Queensland coal mining jobs growing again

By: Esmarie Swanepoel     23rd May 2017 Stronger commodity prices have resulted in an increase in the number of jobs in the coal exploration sector, with new data from the Queensland government revealing that employment in the sector had grown by more than 3 000 in the six months to November. “Coal mining jobs are up 9% to 22 000 and... 

Kubayi expresses support for 3 700 MW gas-to-power vision amid IPP uncertainty 

By: Terence Creamer     16th May 2017 Energy Minister Mmamoloko Kubayi expressed her support on Tuesday for the country’s proposed gas-to-power programme, assuring delegates to a conference in Cape Town that government intended proceeding in line with the existing “vision and policy objectives” for gas infrastructure. “Over the past... 

Australia's ambitions in danger - Appea

By: Esmarie Swanepoel     15th May 2017 The Australian Petroleum Production & Exploration Association (Appea) has warned that Australia’s ambitions to become the largest liquefied natural gas (LNG) producer in the world would fail if the country became a high-cost, high-risk investment destination. Speaking at the first day of the... 

McGowan welcomes Woodside's Browse plan

By: Esmarie Swanepoel     15th May 2017 Western Australia’s newly elected Premier Mark McGowan has welcomed plans by oil and gas producer Woodside to incorporate its Browse liquefied natural gas (LNG) project into the North West Shelf (NWS) producing asset. Woodside CEO Peter Coleman recently revealed plans to incorporate the Browse... 

Eastern Cape sets sights on becoming Africa’s leading fuel bunkering centre

By: Mia Breytenbach     12th May 2017 Following the successful introduction of a deep-sea bunkering service off the coast of  Port Elizabeth, in the Eastern Cape, the province has set itself the target of being the leading bunkering stopover in Africa, states Eastern Cape MEC for Rural Development and Agrarian Reform Mlibo... 

Woodside studies plan to incorporate Browse into North West Shelf

By: Esmarie Swanepoel     8th May 2017 Australian oil and gas producer Woodside has unveiled plans to potentially incorporate its Browse liquefied natural gas (LNG) project into the North West Shelf (NWS) project. Woodside chairperson Peter Coleman said at the company’s annual general meeting at the end of last week that... 

Ichthys liquefied natural gas project, Australia

By: Sheila Barradas     5th May 2017 The start of the Ichthys liquefied natural gas project has been delayed. 

Afrox expands Mozambique – Maputo business

     4th May 2017 Afrox, sub-Saharan Africa’s leading industrial gases and welding company, is expanding existing operations in Mozambique to support current customer demand and to position itself to service the country’s fledgling gas resources sector. Driving Afrox’s strategy is a new 8 600sqm headquarters hub... 

East Coast faces a policy crisis, not gas crisis – Santos

By: Esmarie Swanepoel     4th May 2017 Oil and gas major Santos on Thursday said that the Australian East Coast was not faced with a gas crisis, but rather a policy crisis. Speaking at the company’s annual general meeting on Thursday, chairperson Peter Coates told shareholders that there was an “absolute shortage of uniform... 

ADVISIAN (WorleyParsons) South Africa appoints Gary Mocke to Ports and Marine Terminal Advisory role

     3rd May 2017 Advisian, the independent advisory business line of WorleyParsons, has appointed Dr Gary Mocke as its Managing principal of Ports and Marine Terminals, with responsibility for managing the Ports and Marine Terminal Advisory sub sector in Sub-Saharan African region and supporting the Middle East &... 

Inpex-operated Ichthys falls behind on schedule

By: Esmarie Swanepoel     2nd May 2017 The start of the Ichthys liquefied natural gas (LNG) project has been delayed by months, following delays in the installation of offshore production facilities. The 8.9-million-tonne-a-year project had initially been slated to start production in the third quarter of 2017; however, project... 

Kincora gas project, Australia

By: Sheila Barradas     28th April 2017 The project will supply gas to the east coast market. 

Appea warns on new oil and gas taxes

By: Esmarie Swanepoel     27th April 2017 New research by advisory firm Wood Mackenzie (Woodmac) has warned that any additional taxes on the Australian oil and gas industry could inflict significant damages. Undertaken on behalf of the Australian Petroleum Production & Exploration Association (Appea), the report confirms that the new... 

Australia puts gas export controls in place

By: Esmarie Swanepoel     27th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has warned that the gas export controls announced by the federal government were short-term, and posed the risk of exacerbating tight market conditions unless accompanied by genuine reforms. The federal government on... 

LNG-focused energy firm pursuing ‘diversified’ African investment pipeline

By: Terence Creamer     26th April 2017 Black-empowered energy company African Energy Partners (AEP), which plans to list as a special purpose acquisition company on the JSE’s AltX board on June 1, to raise up to R500-million to pursue liquefied natural gas (LNG) prospects in Africa, reports that its investment pipeline includes a... 

LNG-focused energy aspirant plans June listing on AltX

By: Terence Creamer     25th April 2017 A black-empowered energy company, with a specific focus on liquefied natural gas (LNG), intends listing as a special purpose acquisition company on the JSE’s AltX board in June. African Energy Partners Limited (AEP) will seek to raise up to R500-million to help fund its first “viable... 

Cross-border power to boost African economies

By: Robyn Wilkinson     21st April 2017 With the announcement of an ambitious power project to connect Cape Town and Cairo within the next three years by regional orhganisation the Eastern Africa Power Pool, the opportunities for reliable cross-border electricity generation are once again in the spotlight, says power generation... 

Gas still the answer – Appea

By: Esmarie Swanepoel     20th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has slammed a new report by the Climate Council that claimed more gas production will result in higher electricity prices and pollution. In its report 'Pollution and Price: the Cost of Investing in Gas', the Climate Council... 

Indian LNG demand to take a dip in the short term

By: Ajoy K Das     19th April 2017 Indian demand for imported liquefied natural gas (LNG) is expected to dip sharply after the government pulled the plug on a scheme supplying subsidised natural gas to power generating plants. Halting the supply of subsidised LNG is expected to shave off at least two-million tons from 22-million... 

Darwin LNG expansion to be studied

By: Esmarie Swanepoel     19th April 2017 The owners of the 3.6-million-tonne-a-year Darwin liquefied natural gas (LNG) project, in the Northern Territory, are studying the potential expansion of the project through the introduction of a second LNG train. The Northern Territory government has announced that it will contribute A$250 000... 

Moz plant illustrates rapid commissioning potential of gas engines

By: Dylan Slater     14th April 2017 Electricity generation using gas as a fuel has great potential to meet the growing needs of many African countries, especially with a peaking-plant application, according to Cape Town-based engineering firm MTU South Africa, a subsidiary of UK-based engines, propulsion systems and distributed... 

Stronger iron-ore, coal prices push Australia’s export earnings higher

By: Esmarie Swanepoel     7th April 2017 The value of Australia’s resources and energy export earnings for 2016/17 has been upwardly revised by A$12-billion since December last year, to A$215-billion. The Office of the Chief Economist said on Friday that the upward revision largely reflected the unexpected increase in iron-ore prices,... 

Shell Australia moves to help ease domestic gas supply constraints

By: Esmarie Swanepoel     6th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has welcomed news from major Shell Australia that its QGC joint venture (JV) has signed two new gas sales agreements with domestic customers, saying that it was a clear demonstration that the Queensland gas industry was doing... 

WA mineral, petroleum sales up by $3.4bn in 2016

By: Esmarie Swanepoel     6th April 2017 Western Australia’s mineral and petroleum industry reported sales of A$94.8-billion in 2016, an increase of A$3.4-billion on 2015 sales. The improvement from last year is largely on the back of increases from the major commodities, including iron-ore, gold and certain petroleum products. 

Chevron calls end of LNG mega project after $88Bn spree

By: Bloomberg     21st March 2017 Chevron Corp. has signaled the end of major new liquefied natural gas (LNG) projects in Western Australia and is unlikely to sanction an expansion of its Gorgon and Wheatstone export developments as it focuses on boosting returns from $88-billion of investment. The climate for developing large... 

TransCanada to push ahead with C$1.4bn North Montney gas pipeline earlier than expected

By: Henry Lazenby     21st March 2017 Pipeline operator TransCanada has filed a variance application with the National Energy Board to proceed with construction of the North Montney Mainline Project (NMMP) ahead of schedule. The Calgary, Alberta-based oil and gas transporter has already been granted the required federal and... 

Turnbull, east coast gas providers agree plan to ensure cheaper, reliable energy

By: Esmarie Swanepoel     16th March 2017 Prime Minister Malcolm Turnbull has met with east coast gas providers to formulate a plan to help deliver cheaper and more reliable energy. A series of measures have been developed and all participants have agreed to ongoing work to deliver on the targets that have been set out. 

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