
GlobalData: oil and gas contract value sustains despite 22% drop in volume during 2023
Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.
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Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.

Texas LNG, Glenfarne’s 4 million tpy LNG export terminal, has moved to the execution phase of project financing.

The US was again the largest supplier of LNG to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ.

With Africa set to dominate the floating LNG market between now and 2027, US operators and contractors can play a leading role in realising new capacity, alongside onshore developments, reports Energy Capital & Power.

Galveston LNG Bunker Port, a joint-venture between Seapath Group and Pilot LNG, LLC, has joined SEA-LNG.

The U.S. Federal Energy Regulatory Commission has issued an extension to its order authorising the construction of Tellurian’s Driftwood LNG facility near Lake Charles, Louisiana.

Glenfarne Energy Transition has chosen Gulf LNG Tugs of Texas, LLC to deliver and to build, deliver, and operate tugboats at Texas LNG.

In the first part of a two-part article, Brian Pettinato, Manager, Aero & Structural Dynamics, Sterling Scavo-Fulk, Compressor Development Engineer, and Brian Hantz, Advanced Technology Engineer, Elliott Group, USA, examine the use of compressors and pumps in the LNG value chain.

The IEEFA argues that the claims the US pause on LNG export permits ignore basic trends in global gas markets, and does not threaten European and Asian energy security.

According to analysis by the U.S. Energy Information Administration, developers advanced three LNG projects to the construction phase in 2023, following the signing of sale and purchase agreements underpinning the projects.

Tellurian Inc. has asked its financial advisor, Lazard, to explore opportunities for the sale of its upstream business.

Sempra Infrastructure, a subsidiary of Sempra, has entered into a memorandum of understanding with the Japan Bank for International Cooperation to co-operate on opportunities to advance the energy transition.