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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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Woodmac gives warning on PRRT review

By: Esmarie Swanepoel     2nd December 2016 Some $20-billion worth of investment in the Australian liquefied natural gas (LNG) sector could be at risk if any major fiscal changes were implemented without proper consideration of their impact on the country’s competitive position, advisory firm Wood Mackenzie (Woodmac) has warned. The... 

World’s LNG giant says everyone wins when buyers get their way

By: Bloomberg     2nd December 2016 The Japanese company poised to become one of the world’s largest LNG buyers says it shouldn’t need to pay producers to lift restrictions on where it can resell cargoes and that the removal would benefit the whole market, including sellers. Jera Co, a joint venture between Tokyo Electric Power... 

CSG commission gets new lifeline

By: Esmarie Swanepoel     1st December 2016 The Queensland government will appoint an independent ombudsman to work with landholders and gas companies on coal seam gas (CSG) industry issues. State Development and Natural Resources and Mines Minister Dr Anthony Lynham said on Thursday that the new land access ombudsman was a central element... 

LNG gets US clearance to export

By: Esmarie Swanepoel     1st December 2016 The US Department of Energy will allow a subsidiary of ASX-listed Liquefied Natural Gas (LNG) to export LNG products from its proposed facility in Louisiana to countries with which the US did not have a free trade agreement. The LNG subsidiary, Magnolia, was hoping to construct and operate up to... 

Total-led consortium awarded Côte d'Ivoire LNG terminal rights

By: Natasha Odendaal     25th November 2016 A consortium led by Total – the Côte d'Ivoire GNL, or CI-GNL – has been awarded the rights to construct and operate a three-million-tonne-a-year liquefied natural gas (LNG) regasification terminal in Côte d'Ivoire. The regasification terminal project, which is expected to be operational by... 

Woodfibre liquefied natural gas project, Canada

By: Sheila Barradas     25th November 2016 The project proposes to build a modestly sized liquefied natural gas processing and export facility at the former Woodfibre pulp mill site. 

The State of Energy in Africa

     23rd November 2016 Africa: a continent of vast natural resources is a continent woefully short of electricity. According to Mckinsey Global Institute's February 2015 report "Brighter Africa The growth potential of the Sub-Saharan electricity sector", access to electricity and the ability to consume electricity are... 

Eni signs off on plans for Mozambique gas development

By: Reuters     21st November 2016 Eni on Friday finalised plans to develop Mozambique's Coral South offshore gas project, part of a larger scheme that will see Italy's top energy company and partners spend an estimated $50-billion. Eni has discovered huge gas reserves in its Area 4 concession, offering Mozambique, one of the... 

Tilbury liquefied natural gas expansion project, Canada

By: Sheila Barradas     18th November 2016 The expansion project aims to create capacity to liquefy an additional 34 000 GJ/d of natural gas. 

Fast-developing Asian nations to underpin coal demand

By: Esmarie Swanepoel     17th November 2016 Strong economic development in South East Asia and India will underpin global coal demand, which is set to return to 2014 levels in the next four years, paving the way for Australia to increase its share of global trade. Citing the World Energy Outlook (WEO) 2016 report by the International... 

Green ships stay in compliance

     14th November 2016 Environmental regulations for ships are getting more stringent, but automated sensor technology could help ship operators remain in compliance, says Claus Beiersdorfer, SKF sales director. The recent agreement signed in Paris, at the UN Climate Change Conference, will require all industries to... 

Australian LNG export hits 22-month high

By: Esmarie Swanepoel     14th November 2016 Australia’s monthly liquefied natural gas (LNG) exports have climbed to record highs during October, with values reaching A$1.75-billion, energy market analyst EnergyQuest has revealed. This was the best performance in 22 months. 

Amid policy angst, US energy diplomat points to bipartisan support for powering Africa

By: Terence Creamer     11th November 2016 America’s Principal Deputy Assistant Secretary of State for Energy Resources would not be drawn this week on how the administration of President-elect Donald Trump could approach energy policy and the Africa Power Initiative in particular. However, Ambassador Mary Burce Warlick highlighted during... 

Qld permanently bans UCG, publishes gas discussion paper

By: Esmarie Swanepoel     8th November 2016 The hunt for underground coal gasification (UCG) in Queensland is now a thing of the past after legislation was introduced into the state Parliament to ban the operations. Minister for State Development and for Natural Resources and Mines, Dr Anthony Lynham, said on Tuesday that amendments to... 

Sound planning, partnerships critical for success of Africa’s gas-to-power initiatives

By: Creamer Media Reporter      4th November 2016 Africa is home to one of the greatest future energy sources – gas. Continuous exploration and talks, combined with gas’s low carbon make-up, have paved the way for a potentially powerful emerging gas-to-power market.  However, bringing gas-to-power facilities on line involves a complex process of... 

Wheatstone liquefied natural gas project, Australia

By: Sheila Barradas     4th November 2016 US energy major Chevron has warned of a $5-billion cost blow-out at the project. 

Oil, gas activity in sub-Saharan Africa nosedives

By: Megan van Wyngaardt     2nd November 2016 As oil prices continue to plunge, capital investment budgets in the oil and gas industry in sub-Saharan Africa for the next five years have also been cut by $100-billion, Wood Mackenzie's latest report on upstream activity in the region reveals. Deepwater suffered the biggest capital expenditure... 

Winde questions why Saldanha Bay was excluded from DoE’s LNG IPPPP plans

By: Megan van Wyngaardt     2nd November 2016 Western Cape Economic Opportunities Minister Alan Winde on Wednesday said the provincial government was disappointed that Saldanha Bay was not identified as a port for the importation of natural gas. The Department of Energy last month selected Richards Bay, in KwaZulu-Natal, and Coega, in the... 

Demand for gas to spur exploration in Cooper, Otway basins – report

By: Esmarie Swanepoel     2nd November 2016 South Australia’s Cooper and Otway basins are poised for greater exploration on the back of higher gas demand from the eastern states, a new report by consultancy firm Core Energy has found. The report, commissioned by the South Australian Department of State Development and published this week,... 

Wheatstone LNG project faces $5bn cost blow-out

By: Esmarie Swanepoel     31st October 2016 US energy major Chevron has warned of a $5-billion cost blow-out at the Wheatstone liquefied natural gas (LNG) joint venture (JV) project, being developed off the coast of Western Australia. In its quarterly results announcements last week, Chevron noted that the delay in module delivery at... 

India scours globe for bargain LNG as domestic plants idle

By: Bloomberg     28th October 2016 India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilised gas-fired power plants. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts, Power Minister Piyush Goyal said in... 

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... 

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... 

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... 

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. 

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... 

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