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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.

Topic

Gas import tailwinds

By: Terence Creamer     24th June 2016 In May, Energy Minister Tina Joemat-Pettersson indicated that a request for proposals would be released during the current fiscal year for a floating storage and regasification unit and a gas-to-power programme, with an allocation of up to 3 126 MW. In other words, South Africa is preparing to... 

Russia’s Gazprom and Indian E&P majors seek greater oil and gas collaboration

By: Ajoy K Das     22nd June 2016 Close on heels of India’s ONGC Videsh picking up a $1.26-billion stake in Rosneft’s Vankor oil fields, Indian oil exploration and production (E&P) majors and Russia’s Gazprom were seeking to extend collaborations beyond trading in oil and gas to exploration and production projects. 

Stornoway receives LNG in a first for Quebec’s Northern Plan

By: Henry Lazenby     17th June 2016 Stornoway Diamond Corp has received the first delivery of liquefied natural gas (LNG) to its Renard project, in Quebec’s far north, marking a significant milestone in the province’s Northern Plan to provide critical infrastructure for businesses to thrive in the province’s remote regions. The... 

Oil Search bets on overcoming price rout in Papua New Guinea

By: Bloomberg     10th June 2016 Oil Search, the energy producer that agreed to acquire fellow Papua New Guinea explorer InterOil for $2.2-billion, is betting it can overcome a languishing liquefied natural gas market to deliver another export project by beating rivals on costs. The company expects its deal last month to buy up... 

Vladivostok liquefied natural gas project, Russia

By: Sheila Barradas     10th June 2016 The Unified Gas Supply System represents a unique engineering complex in European Russia and Western Siberia. 

LNG denies takeover speculation as shares surge

By: Mariaan Webb     9th June 2016 Perth-based gas project developer Liquefied Natural Gas (LNG) Limited has moved to douse speculation of a takeover, following days of double-digit percentage gains in its share price on the ASX. Responding to corporate activity speculation, the company said on Thursday that it was “not aware of,... 

IEA's five-year view sees gas demand slowing, more spot pricing

By: Reuters     8th June 2016 Oversupply and slowing global demand is likely to weigh on natural gas prices and force pricing model changes on pipeline suppliers such as Russia's Gazprom over the next five years, the International Energy Agency (IEA) said on Wednesday. In its medium-term market report, the West's energy... 

Mozambique’s Rovuma gas field faces investment drought – Indian officials

By: Ajoy K Das     7th June 2016 Mozambique’s Rovuma Area 1 gas project, in which India government-owned oil and gas companies hold a 30% stake, has been hit by an investment drought. The start of production from the fields too has become uncertain with no binding agreement from prospective liquefied natural gas (LNG) buyers as... 

Queensland expects A$2.7bn royalty write-down

By: Mariaan Webb     7th June 2016 Queensland Treasurer Curtis Pitt has said that mining royalties would be A$2.7-billion less that what the state government forecast six months ago. According to ABC News, the Treasurer also said on Tuesday that state taxes would be A$350-million lower than the mid-year update, citing the mining... 

Queensland LNG exports surpass that of Russia

By: Creamer Media Reporter      2nd June 2016 Australia’s liquefied natural gas (LNG) exports have increased by 53.2% quarter-on-quarter to 10.1-million tonnes in the three months ended March, as production from Queensland’s projects ramped up faster than expected. For the first time, Queensland’s LNG exports have surpassed that of Russia,... 

LNG boosts Australia’s bottom line

By: Samantha Herbst     1st June 2016 Oil and gas extraction in Australia rose by 5.1% in the March quarter, following the record $17-billion in liquefied natural gas (LNG) exports achieved in 2015, according to Australian Bureau of Statistics (ABS) data, released on Wednesday. This confirmed that strong LNG exports were a rare... 

Coega’s critical to South Africa’s Gas localisation Programme

     30th May 2016 Minister for Energy, Tina Joemat‐Pettersson announced that the Department of Energy “will make a preliminary information memorandum on the MW (Megawatts) gas to power programme available to the market in the second quarter of the 2016/2017 financial year”. This, the minister explained, will lay... 

Ichthys liquefied natural gas project, Australia

By: Sheila Barradas     27th May 2016 The project is on track for first production in the third quarter of 2017. 

Yokogawa Releases the EJXC40A Digital Remote Sensor, a New DPharp EJX® Series Differential Pressure Transmitter

     26th May 2016 Yokogawa announces the release of the EJXC40A digital remote sensor, a newly developed DPharp EJX® series differential pressure transmitter. Equipped with two pressure sensors that are connected with an electric cable, the EJXC40A offers superior performance in the measurement of liquid levels in... 

Santos starts up second unit at GLNG

By: Mariaan Webb     26th May 2016 Oil and gas company Santos has started producing liquefied natural gas (LNG) at the second unit of the GLNG joint venture project, on Curtis Island, in Queensland, marking the successful delivery of the $18.5-billion two-train project. Santos MD and CEO Kevin Gallagher on Thursday described the... 

Oil Search signs MoU to sell down InterOil assets following same-day acquisition

By: Samantha Herbst     20th May 2016 Following ASX-listed oil and gas major Oil Search’s successful acquisition of Papua New Guinea-focused InterOil Corporation for $2.2-billion, or $40.25 a share, Oil Search reported on Friday that it had signed a memorandum of understanding (MoU) with multinational integrated oil and gas major... 

Woodside sees LNG shortfall emerging by 2022

By: Mariaan Webb     20th May 2016 Australian oil and gas major Woodside Petroleum expects the liquefied natural gas (LNG) market to remain in oversupply for the next six years, but says a shortfall will develop by 2022. Woodside executive VP for marketing, trading and shipping Reinhardt Matison said on Friday that new supply... 

Magnolia liquefied natural gas project, US

By: Sheila Barradas     20th May 2016 The project involves the development of a midscale liquefied natural gas facility of up to eight-million tons a year in the Port of Lake Charles, Louisiana. 

Gas industrialisation could be a game-changer, say industry players

By: Kim Cloete     17th May 2016 Potential investors and experts in South Africa’s gas industry foresee great potential in the sector despite the risks.  “We are on the cusp of a global oversupply of shale gas. We have the opportunity to ship gas and drive industrialisation in industries from glass and cement to agroprocessing... 

DTI launches Gas Industrialisation Unit

By: Kim Cloete     16th May 2016 The Department of Trade and Industry (DTI) has launched the Gas Industrialisation Unit (GIU), aimed at spearheading a medium to long-term gas industrialisation strategy for South Africa and the Southern Africa region.  The aim is to unlock power constraints and reduce carbon intensity, to secure... 

Australia Pacific liquefied natural gas project

By: Sheila Barradas     13th May 2016 Origin Energy has awarded a contract to project house GR Engineering Services for the project. 

WA Budget earmarks A$30m for exploration

By: Esmarie Swanepoel     12th May 2016 Western Australia would invest a further A$30-million between 2017 and 2020 on the Exploration Incentive Scheme (EIS) to facilitate the hunt for resources in the region, Treasurer Mike Nahan announced in the state’s 2016/17 Budget on Thursday. He also stated that a further A$6-million would go... 

South Africa moves to procure 600 MW gas-fired power project 

By: Terence Creamer     11th May 2016 The Department of Energy (DoE) has confirmed plans to procure a new 600 MW gas-fired power generation project, to developed as a public-private partnership. It is envisaged that the private ‘strategic partner’ will work with the State-owned companies (SoCs) to implement the project, with private... 

APLNG pushes Origin production

By: Esmarie Swanepoel     29th April 2016 With the start of shipments from the Australia Pacific liquefied natural gas (APLNG) project in January, producer Origin Energy on Friday reported a 12% increase in production for the three months to March, compared with the previous quarter. Origin reported production of 60.9 PJe during the... 

State, Commonwealth budgets under pressure amid commodity price slump 

By: Esmarie Swanepoel     28th April 2016 Advisory firm Deloitte Access Economics said on Thursday that both state and Commonwealth budgets would remain under pressure as commodity prices continued to remain low. In its latest edition of the Investment Monitor publication, the firm noted that the fall in mining investment in Queensland... 

Producers welcome east coast gas inquiry report, green groups concerned

By: Esmarie Swanepoel     22nd April 2016 While the Australian Petroleum Production and Exploration Association (Appea) has welcomed the recommendations made by the Australian Competition and Consumer Commission (ACCC) in its East Coast Gas Inquiry, greens groups have labelled the report as “confused”. The ACCC on Friday released a... 

Costa Norte liquefied natural gas project, Panama

By: Sheila Barradas     22nd April 2016 The project comprises the development, construction, operation and maintenance of an integrated gas-to-power project on Telfers Island. 

Oil Search reports record quarter

By: Esmarie Swanepoel     19th April 2016 Oil and gas major Oil Search on Tuesday reported record production for the March quarter, as its Papua New Guinea liquefied natural gas (PNG LNG) operation delivered above expectations. Total production during the quarter reached 7.72-million barrels of oil equivalent, up 3% on the previous... 

Magnolia LNG gets regulatory approval

By: Esmarie Swanepoel     19th April 2016 A subsidiary of ASX-listed Liquefied Natural Gas (LNG), Magnolia LNG has received regulatory approval to start production and export of natural gas from its operations in Louisiana, in the US. The Federal Energy Regulatory Commission has authorised Magnolia to construct and operate its... 

Energy sector gets ARC funding

By: Esmarie Swanepoel     18th April 2016 The competitiveness of Australia’s oil and gas sector has been given a boost with federal funding for research. The Australian Research Council (ARC) on Monday announced that it would spend A$4.9-million and A$4.5-million respectively to fund the ARC Research Hub for Offshore Floating Facilities... 

Woodside keen to follow Qld LNG producers’ maintenance coordination lead

By: Esmarie Swanepoel     15th April 2016 Australian oil and gas producer Woodside would look at greater cooperation between liquefied natural gas (LNG) operators in Western Australia and the Northern Territory, after the Australian Competition and Consumer Commission (ACCC) this week authorised LNG operators on the east coast to... 

Ichthys closer to completion - Inpex 

By: Esmarie Swanepoel     15th April 2016 Construction of the A$10-billion Ichthys liquefied natural gas (LNG) project, offshore Western Australia, was some 81% complete, and the project was on track for first LNG production in the third quarter of 2017. Energy major Inpex Corporation’s project manager for the Ichthys project, Louis... 

GLNG reaches another milestone

By: Esmarie Swanepoel     15th April 2016 The $18.5-billion Gladstone liquefied natural gas (GLNG) project, in Queensland, on Friday loaded its twenty-fifth LNG cargo for export. The GLNG project shipped its first LNG cargo in October last year, after production from its first LNG train started in September. 

NT keen to make progress with fracking regulations

By: Esmarie Swanepoel     14th April 2016 The Northern Territory government was hoping to introduce hydraulic fracturing (fracking) recommendations made in a 2015 independent inquiry into regulation. Speaking on the sidelines of the 18th liquefied natural gas (LNG) conference, in Perth, Northern Territory deputy Chief Minister Peter... 

Unconventional gas key to Australian economy – Minister

By: Esmarie Swanepoel     13th April 2016 Federal Resources and Energy Minister Josh Frydenberg said on Wednesday that unconventional gas extraction was an important part of Australia’s economy. Speaking on the sidelines of the 18th liquefied natural gas (LNG) conference, in Perth, on Wednesday, Frydenberg noted that about 40% of gas... 

No room for complacency in capturing resources investment – Australia PM

By: Esmarie Swanepoel     12th April 2016 Australian Prime Minister Malcolm Turnbull has acknowledged that the Australian government needed to do more to provide a secure and attractive investment environment for global resources companies. Opening the eighteenth liquefied natural gas (LNG) conference, in Perth, on Tuesday, Turnbull... 

Australia needs competitive offering for LNG projects – CEOs

By: Esmarie Swanepoel     12th April 2016 Oil and gas majors Chevron and Royal Dutch Shell have called for more competitive conditions to ensure that Australia remained at the forefront of the liquefied natural gas (LNG) industry. Chevron CEO John Watson said on Tuesday that Australia’s LNG industry was facing stiff competition from a... 

Barnett defends WA’s gas reservation policy

By: Esmarie Swanepoel     12th April 2016 Western Australian Premier Colin Barnett has defended the state’s gas reservation policy, saying a similar approach in different states could assist with the development of coal seam gas (CSG) resources. Speaking at the opening of the 18th liquefied natural gas (LNG) conference, in Perth, on... 

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