http://www.engineeringnews.co.za
R/€ = 15.87 Change: 0.08
R/$ = 14.06 Change: 0.11
Au 1329.40 $/oz Change: 7.33
Pt 1079.50 $/oz Change: 4.50
 

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-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... 

Tanzania's President Magufuli orders officials to speed up LNG project

By: Reuters     23rd August 2016 Tanzanian President John Magufuli ordered officials on Monday to speed up long-delayed work on a planned liquefied natural gas (LNG) plant, saying implementation of the project had taken too long. BG Group, recently acquired by Royal Dutch Shell, alongside Statoil, Exxon Mobil and Ophir Energy,... 

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... 

After years of pain, coal becomes one of the hottest commodities of 2016

By: Reuters     18th August 2016 Less than a year after the coal industry was declared to be in terminal decline, the fossil fuel has staged its steepest price rally in over half a decade, making it one of the hottest major commodities. Cargo prices for Australian thermal coal from its Newcastle terminal, seen as the Asian... 

Santos flags $1bn Gladstone LNG charge on gas supply

By: Bloomberg     15th August 2016 antos will take a $1.05-billion writedown on its Gladstone LNG project due to rising prices for third-party gas supplies and slower-than-expected ramp up of its own equity output to feed the export project. The non-cash charge on the liquefied natural gas (LNG) development in Queensland, which... 

Eni reaches deal with Exxon on Mozambique gas project-sources

By: Reuters     8th August 2016 Italian oil firm Eni has wrapped up long-running talks to sell a multibillion dollar stake in its planned Mozambique liquefied natural gas (LNG) development to Exxon Mobil, two sources with knowledge of the matter said. "The deal is done but won't be announced for several months at Exxon's... 

Multimillion Rand Africa Projects Offer Huge Potential For SA Stainless Steel Supply

     5th August 2016 Strategic trips by the Southern Africa Stainless Steel Development Association (sassda) to Tanzania, Senegal and Mozambique as part of the dti’s Export Marketing and Investment Assistance Scheme (EMIA) have yielded a number of exciting, ‘new market’ opportunities for local companies wishing to... 

Oando targets return to profitability; H1 loss narrows

By: Megan van Wyngaardt     2nd August 2016 Nigeria-based energy group Oando is targeting a return to profitability for the 2016 financial year, after its after-tax loss for the six months ended June 30, narrowed 23% to N27-billion, compared with a loss of N35-billion in the first half of 2015. This followed on a loss of N56.57-billion in... 

Power builds to continue despite decreased demand across industries

By: Robyn Wilkinson     29th July 2016 Despite a decrease in demand for energy from the mining and related industries, construction, engineering and mining contractor Murray & Roberts Power & Water platform CEO Steve Harrison believes that the power station builds at Medupi, in Limpopo, and Kusile, in Mpumalanga, will continue to... 

India to unveil natural gas infrastructure policy

By: Ajoy K Das     25th July 2016 India’s Oil and Natural Gas Ministry will shortly unveil a national liquefied natural gas (LNG) infrastructure and logistic policy, laying down standards, benchmarks and conditions for domestic and foreign LNG project developers. Officials familiar with the framing of the new policy have said... 

Eastern Cape gas-to-power hub plans on track

     22nd July 2016 The Eastern Cape’s plan to host a gas-to-power hub is well advanced with the Coega industrial development zone (IDZ) now clearly the province's preferred location for the development says Economic Development, Environmental Affairs and Tourism MEC Sakhumzi Somyo.  

S Africa to use fuel-flexible turbines as interim power supply solution

     22nd July 2016 South Africa’s gas-to-power programme, aimed at delivering 3 726 MW of electricity, is expected to come on line between 2019 and 2025, says power generation plant and product provider APR Energy regional sales director Mark Makanda.  

South Africa draws up plans for gas-generated power

By: Sebastian Whyle     22nd July 2016 In South Africa’s search for viable long-term gas import partners to meet demand in the power sector, Nigeria has been identified as a strong contender, owing to its large natural gas reserves, says professional services firm KPMG.  

Natural gas market to boom, but comes with volatility

By: Megan van Wyngaardt     21st July 2016 As liquefied natural gas (LNG) plays an increasingly significant role in the transition to a low-carbon world, the market will become more volatile and risky, believes audit consultancy PwC’s strategy consulting business Strategy&. In a new analysis titled ‘Navigating the transformation of the... 

Woodside Q2 sales revenue slides despite higher volumes

By: Mariaan Webb     21st July 2016 Lower oil prices have resulted in Australian oil and gas major Woodside reporting an 8.1% year-on-year decrease in sales revenue, despite increasing its production and sales volumes. Woodside produced 22.2-million barrels of oil equivalent in the June quarter, a 10% increase on the 20.1-million... 

Queensland to release new land for exploration

By: Megan van Wyngaardt     20th July 2016 Queensland Natural Resources and Mines Minister Dr Anthony Lynham plan to release 826 km2 of land for minerals, coal, petroleum and natural gas exploration over the next 12 months. The seven areas range from Cloncurry in the north-west, through the Bowen basin in central Queensland, to near Surat... 

$150m Brics bank facility seen helping ease South Africa’s grid bottlenecks

By: Terence Creamer     19th July 2016 State-owned electricity producer Eskom expects to finalise commercial terms with the New Development Bank (NDB), of the Brics grouping, for a $150-million facility in the next quarter, CFO Anoj Singh reports. A term sheet has been signed with the NDB and Singh reports that, once consummated, the... 

Exxon’s $2.5bn bid for PNG’s InterOil tops Oil Search

By: Bloomberg     18th July 2016 Exxon Mobil is doubling down on Papua New Guinea, topping a rival offer for InterOil, a gas explorer focused on the Southeast Asian nation. The energy giant’s offer values InterOil at $2.5-billion, including debt, beating an earlier bid from Oil Search and Total SA. Exxon already runs Papua New... 

South Africa should consider onshore LNG regasification, Fluor argues 

By: Terence Creamer     12th July 2016 Global engineering and construction group Fluor argues that South Africa could consider both onshore and offshore storage and regasification options for the importation of liquefied natural gas (LNG), however it believes that onshore facilities could offer a number of advantages. The South... 

Australian LNG exports surge 18% to 3.6Mt in June – report

By: Creamer Media Reporter      12th July 2016 Combined exports from Australia’s three liquefied natural gas (LNG) hubs surged 18.5% in June as the country’s LNG plants continued to add to global energy supplies. Total June output climbed to 3.6-million tonnes – an increase of 560 000 t over the May total – with strong contributions from... 

Standard Bank keen to participate in South Africa’s gas-to-power programme

By: Terence Creamer     8th July 2016 Leading South African financial institution Standard Bank has confirmed that it is keen to participate in the funding of South Africa’s gas-to-power (GTP) programme and that it is eagerly awaiting the release of the project information memorandum, outlining government’s preferred procurement... 

Company supports impact of IPP projects in Africa

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch will support the evolution of independent power producer (IPP) projects already under way in South Africa. 

Integrated LNG import and natural gas facilities poised to meet energy demand

By: Robyn Wilkinson     8th July 2016 Consulting, engineering, procurement and construction services provider Black & Veatch liquefied natural gas (LNG) technologies VP Shawn Hoffart and power generation technologies VP and director Alap Shah will discuss the benefits of maximising the synergies of combined LNG import and natural... 

Santos Gladstone liquefied natural gas, Australia

By: Sheila Barradas     8th July 2016 Santos GLNG has started producing liquefied natural gas at the second unit of the Gladstone liquefied natural gas joint venture project. 

Exxon said to join Qatar to look at giant Africa gas deal

By: Bloomberg     7th July 2016 Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans. The companies are considering buying stakes in gas fields owned by Anadarko... 

Chevron’s $54bn Gorgon LNG project evacuated after leak

By: Bloomberg     1st July 2016 Chevron evacuated workers at its $54-billion Gorgon liquefied natural gas (LNG) development after a gas leak at the site, the latest problem for the Australian mega-project. The plant, located on Barrow Island off Australia’s northwest coast, had a minor leak, Chevron said Friday in an e-mailed... 

Australia Pacific LNG starts exports to Kansai Electric

By: Creamer Media Reporter      30th June 2016 The Australia Pacific Liquefied Natural Gas (APLNG) project has started exports to Kansai Electric, in Japan, with the first shipment having left Curtis Island on Wednesday. Under an agreement signed in 2012, Kansai Electric would receive about one-million tonnes a year of LNG for over 20 years... 

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... 

Group challenges approval of Santos’ Queensland CSG well expansion

By: Mariaan Webb     16th June 2016 A community group is taking on Federal Environment Minister Greg Hunt’s approval of 6 100 coal seam gas (CSG) wells in Queensland, a move which the industry has slammed as “delaying tactics”. The Western Downs Alliance on Thursday started legal proceedings to challenge oil and gas major Santos’... 

Queensland Budget keeps royalties unchanged

By: Mariaan Webb     14th June 2016 Queensland Treasurer Curtis Pitt brought cheer to the state’s resources sector on Tuesday, as he kept his government’s election promise not to increase royalty rates, but industry has raised concern about the Budget’s lack of support for exploration. Queensland Resources Council (QRC) CEO... 

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,... 

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... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close