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Tag: lng project
Oil Search to reap PNG LNG cash flows as project deemed complete
2015-02-06 08:38:10| Energy - Topix.net
Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.
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complete
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Drilling commences on Ichthys LNG project, offshore Australia
2015-02-05 01:00:00| Offshore Technology
Drilling has commenced on the INPEX-operated Ichthys gas-condensate field, which is part of the Ichthys LNG project, located around 200km offshore Western Australia.
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australia
offshore
lng
Live Oak LNG to develop $2bn natural gas liquefaction project in Louisiana, US
2015-02-05 01:00:00| Hydrocarbons Technology
Live Oak LNG, a subsidiary of Parallax Energy, has unveiled plans to develop a $2bn natural gas liquefaction and export project in Louisiana, the US.
Chevron to sell LNG from $54bn Gorgon project to SK LNG Trading
2015-01-22 01:00:00| Hydrocarbons Technology
Chevron has agreed to sell liquefied natural gas (LNG) from its $54bn Gorgon project in Australia to SK LNG Trading.
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lng
Despite falling oil and gas prices, Alaska LNG project on track
2015-01-12 06:43:40| Oil & Gas - Topix.net
Collapsing oil prices have delayed at least two North American liquefied natural gas export projects, but they haven't stopped Alaska's massive LNG venture in part because of its size, projected timelines and a partnership involving some of the world's largest companies, officials said. "Our mission hasn't changed, and to my knowledge none of the investing companies are looking to change that at this time either," said Steve Butt, senior manager for Alaska LNG and an Exxon employee.
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