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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.


Australia pipeline king fights questions on monopoly prices

By: Bloomberg     21st October 2016 After a decade of unrivaled expansion, Australia’s largest gas-pipeline owner is facing growing pains. Complaints from industrial gas users, frustrated by supply shortages and hefty price spikes following the start of Queensland’s liquefied natural gas export plants, sparked a regulatory review... 

Santos sales surge in September quarter

By: Esmarie Swanepoel     21st October 2016 Oil and gas major Santos has reported a 31% increase in sales volumes for the quarter ended September, reflecting the ramp-up of Gladstone liquefied natural gas (LNG) project production and a strong performance from the Papua New Guinea LNG project. Sales volumes for the quarter under review... 

New Mozambique energy minister appointed ahead of huge gas deals

By: Reuters     20th October 2016 Mozambican President Filipe Nyusi has appointed businessperson Leticia Klemens as his new energy minister, just weeks after Maputo and Italy's Eni signed a 20-year deal to sell BP liquefied natural gas (LNG). Mozambique's official news agency AIM said Klemens was chairwoman of Mozambique's... 

Production records lift Woodside revenue nearly 20%

By: Esmarie Swanepoel     20th October 2016 Australian oil and gas major Woodside has reported a near 20% increase in third-quarter revenue, as a number of liquid natural gas (LNG) production records were set. The company produced 25.2-million barrels of oil equivalent during the September quarter, which is an increase of 13.5% on the... 

Short-term contracts threaten new LNG plants, Origin’s King says

By: Bloomberg     19th October 2016 Origin Energy said new liquefied natural gas facilities are less likely to be approved as buyers across Asia favor short-term contracts that threaten the financial modelling underpinning export plants. A plunge in the price of oil means LNG buyers are increasingly demanding more flexible terms... 

Nersa sticks with maximum price methodology for gas after court victory 

By: Terence Creamer     18th October 2016 The National Energy Regulator of South Africa (Nersa) reports that it will continue to implement the maximum price methodology for piped gas, following a recent court ruling dismissing a move by large industrial gas users to have the 2013 approval of a Sasol Gas application under the methodology... 

Higher LNG prices lift Oil Search Q3 revenue

By: Esmarie Swanepoel     18th October 2016 Higher liquefied natural gas (LNG) prices have resulted in ASX-listed Oil Search reporting a 16% increase in revenue for the three months to September, compared with the previous quarter. Oil Search on Tuesday reported that total revenue for the quarter reached $309.5-million, compared with the... 

Australia needs new oil discoveries or risks total import dependence – Appea

By: Esmarie Swanepoel     14th October 2016 Australia has to continue its search for new offshore oil discoveries or face the risk of being totally dependent on imports, the Australian Petroleum Production and Exploration Association (Appea) has warned. Responding to the Australian Energy Statistics report released by the Department of... 

Australia Pacific liquefied natural gas project

By: Sheila Barradas     14th October 2016 The second 4.5-million-tonne-a-year train at the project has delivered its first liquefied natural gas cargo. 

APLNG's second train ships cargo

By: Esmarie Swanepoel     10th October 2016 The second 4.5-million-tonne-a-year train at the Australia Pacific liquefied natural gas (APLNG) project has delivered its first LNG cargo. ASX-listed Origin Energy reported on Monday that production of the first LNG cargo from the second train on Curtis Island represented a defining moment in... 

Coal, iron-ore price spikes to boost Australia’s commodity export earnings

By: Esmarie Swanepoel     7th October 2016 Australia’s resources and energy commodity export earnings are forecast to increase to A$176-billion in 2016/17, up 12% from an estimated A$157-billion in 2015/16. In its latest Resources and Energy Quarterly, the Department of Industry, Innovation and Science shows that spikes in metallurgical... 

Coega puts R25bn value to proposed gas-to-power investment into zone

By: Terence Creamer     6th October 2016 The Coega Development Corporation (CDC), which oversees the Coega Industrial Development Zone (IDZ), in the Eastern Cape, expects the investment associated with the zone’s selection as one of two locations for the first phase of government’s Liquefied Natural Gas Independent Power Producer... 

Natural gas prices expected to remain stable, says expert

By: Kim Cloete     5th October 2016 The price of natural gas in the US is expected to stay relatively low and stable, says Norton Rose Fulbright partner for global consultants John Mauel. He told delegates at the South Africa: Gas Options conference, in Cape Town, this week that the volatility in the US gas to oil price ratio... 

Gas will help get right balance in energy mix, says government 

By: Kim Cloete     4th October 2016 The Department of Energy (DoE) says it is committed to finding the right balance between different sources of energy with liquefied natural gas (LNG)-to-power a vital part of the mix.   DoE director-general Thabane Zulu told the South Africa: Gas Options conference that while gas and renewables... 

Global investors show interest in gas-to-power programme 

By: Kim Cloete     4th October 2016 Investors from around the world, including the US, Japan, Spain, South Korea and China, among others, have met in Cape Town this week to hear more about plans for South Africa’s gas-to-power programme. A preliminary information memorandum (PIM), which establishes the scope of the Liquefied... 

Mozambique State oil firm says signs 20-year LNG sales agreement with BP

By: Reuters     4th October 2016 Mozambique's State-owned oil company ENH said on Tuesday it had signed a sales agreement with BP for the sale of liquefied natural gas (LNG) from the South Coral field. Italian oil firm Eni, the operator of the field, also signed the agreement, ENH said. 

DoE opts for integrated model for highly anticipated gas-to-power roll-out

By: Terence Creamer     4th October 2016 South Africa’s Department of Energy (DoE) has opted for an integrated delivery model for the country’s highly anticipated Liquefied Natural Gas Independent Power Producer Procurement Programme (LNG IPPPP), which will be initially deployed at Richards Bay, in KwaZulu-Natal, and Coega, in the... 

South Africa to name preferred bidders for gas projects in March

By: Reuters     3rd October 2016 South Africa will announce preferred bidders for multi-billion dollar gas-to-power projects by the end of March as part of efforts to diversify electricity production away from more environmentally damaging coal plants, a government document shows. Tender documents in May last year asked... 

Mozambique minister's sacking will not affect gas project decision – Eni

By: Reuters     30th September 2016 The sacking of Mozambique's energy minister will not affect Italian oil firm Eni's final investment decision on an offshore gas project there, Eni CE Claudio Descalzi said on Friday. Energy Minister Pedro Couto was sacked by the president on Thursday, a month before Eni is due to finalise its... 

Raahe liquefied natural gas project, Finland

By: Sheila Barradas     30th September 2016 The project involves the supply of an LNG receiving terminal in Raahe, Finland. 

Mozambique's Energy Minister sacked ahead of huge gas deals

By: Reuters     29th September 2016 Mozambique Energy Minister Pedro Couto has been sacked, the Presidency said on Thursday, a month before Italy's Eni is due to finalise an offshore gas project worth tens of billions of dollars. No reason was given for the dismissal of Couto, who had held the energy portfolio since January 2015. 

Canada approves Pacific NorthWest LNG project, but investment decision 'far from certain'

By: Henry Lazenby     28th September 2016 The Canadian federal government has approved the C$11-billion Pacific NorthWest liquefied natural gas (LNG) project, a proposed LNG facility and marine terminal near Prince Rupert, on British Columbia's North Coast. Majority owned by Malaysia-based Petronas, the project approval is the result of... 

Petronas' Canadian gas project approved by Trudeau government

By: Bloomberg     28th September 2016 Canadian Prime Minister Justin Trudeau’s government has approved Petroliam Nasional’s C$36-billion ($27-billion) Pacific NorthWest liquefied natural gas project on British Columbia’s Pacific coast. Environment Minister Catherine McKenna, Natural Resources Minister Jim Carr and Fisheries Minister... 

Eni asks banks for billions to finance Mozambique gas project

By: Reuters     27th September 2016 Italian oil firm Eni has approached banks for billions of dollars to finance a huge offshore gas development in Mozambique, a significant step in getting a long-delayed project off the ground, the company and sources said. Eni confirmed it met bankers in London last week about project financing... 

Coega positions itself as energy mix hub

By: Nadine James     23rd September 2016 A growing number of manufacturing opportunities have been created and sustained through the approach of diversifying the energy mix in the Eastern Cape, which has seen the development of several energy investment projects worth more than R3.5-billion. The Coega Industrial Development Zone (IDZ)... 

Matadi bulk fuel storage terminal, Democratic Republic of Congo

By: Sheila Barradas     23rd September 2016 The Matadi terminal was opened at the end of June. 

Tangguh liquefied natural gas expansion project, Indonesia

By: Sheila Barradas     23rd September 2016 The project has been approved. 

Golden Pass liquefied natural gas export project, US

By: Sheila Barradas     16th September 2016 The proposed project involves the construction, modification and operation of a liquefied natural gas export project. 

Uncertainty surrounding resource programmes highlighted

By: Sascha Solomons     16th September 2016 With South Africa needing to ramp up its potential power supply in the medium and long term, engineering and design firm WSP⎪Parsons Brinckerhoff Africa comments that the biggest challenge impeding ramp up of power generation from IPPs is the level of uncertainty regarding power procurement... 

New port terminal starts construction in Gladstone

By: Esmarie Swanepoel     9th September 2016 Construction on a new A$17-million marine operations terminal at the Gladstone port, in Queensland, has officially started. Queensland Treasurer Curtis Pitt said on Friday that the investment by the Gladstone liquefied natural gas (GLNG) and Queensland Curtis LNG (QCLNG) projects was a positive... 

Investec says release of updated IRP could ease IPP frustration and uncertainty

By: Terence Creamer     7th September 2016 Banking group Investec, which has supported various renewable energy and peaking power projects in South Africa, including the Avon and Dedisa open cycle gas turbines that recently entered commercial operation, remains convinced that the country will continue with its independent power producer... 

Woodside buys BHP gas assets

By: Esmarie Swanepoel     5th September 2016 Australian oil and gas major Woodside will acquire half of mining giant BHP Billiton’s Scarborough gas assets, offshore Western Australia. The two companies on Monday announced the signing of a sale and purchase agreement under which Woodside would pay BHP $250-milion and a contingent payment of... 

Cameron Parish liquefied natural gas export terminal project, US

By: Sheila Barradas     2nd September 2016 The project involves the construction of a facility that will process 1.60-billion cubic feet of natural gas a day. 

RFO consumption expected to decline significantly by 2020

     2nd September 2016 US energy research agency Energy Information Administration (EIA) in May released a report that commented that residual fuel oil (RFO) consumption is expected to decline significantly within the next four years. RFO is one of several residuals that remain after lighter materials, including... 

Gas-to-power programme to play significant role in power grid

By: Sascha Solomons     26th August 2016 Although demand for power has decreased, owing to stagnation in the economy, meaning less demand from key industries such as mining and manufacturing, engineering and design firm WSP⎪Parsons Brinckerhoff Africa believes that the Gas-to-Power Programme (GTPP) has a substantial role to play in... 

Supply of LNG increasing despite economic downturn

By: Kimberley Smuts     26th August 2016 Although there has been a global slowdown in economic activity, global liquefied natural gas (LNG) supply has increased, owing to a surge in supply projects approved before the drop in the price of gas in 2014, says KPMG energy economist Dr Requier Wait. “On the demand side, gas-fired power... 

Santos posts half-year loss on impairment, sales up

By: Megan van Wyngaardt     19th August 2016 Oil and gas developer Santos on Friday reported disappointing results, with a first half net loss of $1.1-billion, impacted significantly by an impairment charge for the Gladstone liquefied natural gas (GLNG) project of $1.05-billion after tax and lower oil prices. The company earlier said it was... 

Woodside's half-year profit halves

By: Mariaan Webb     19th August 2016 The profit of Australia’s largest oil and gas producer Woodside halved in the first six months of 2016, weighed down by the lower oil price, but CEO Peter Coleman said on Friday that the group was in a “robust position” to improve its performance into 2017. Net profit after tax plunged to... 

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