Qatar inaugurates $1bn Jetty Boil-Off Gas Recovery project
Qatar has inaugurated the $1bn Jetty Boil-Off Gas Recovery (JBOG) project in Ras Laffan Industrial City (RLIC).
The project will recover 29 billion standard cubic feet (bscf) of gas per year, enough to power 300,000 homes. It will reduce gas flaring by 90% at the six LNG loading berths at Ras Laffan.
Qatargas leads and operates the JBOG development on behalf of Qatar Petroleum and RasGas. The development is part of the Common Facilities Projects at RLIC.
Two US energy firms to jointly develop new natural gas processing facility in Delaware Basin
Enterprise Products Partners and Occidental Petroleum have agreed to jointly build a new cryogenic natural gas processing plant in the Delaware Basin.
Both the firms have formed Delaware Basin Gas Processing, a new company in which Enterprise and Occidental Petroleum have equal stakes.
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By GlobalDataThe new company will own the facility, which has the capacity to process 150 million cubic feet per day (MMcf/d) of cryogenic natural gas.
Oilex completes oil and gas production facilities at Cambay-73 field in India
Oilex has completed the Cambay-73 oil and gas production facilities in Gujarat, India.
The company is expecting initial production of around 50 to 60 barrels of oil equivalent a day of gas and condensate.
Construction of the pipeline that will connect the facilities has now started, allowing commissioning to take place.
Oilex said the condensate will be separated at the field and will then be taken to a nearby refinery with the crude oil that will also be produced from the field.
Freeport LNG secures financing for third natural gas liquefaction train
Freeport LNG has secured the final part of financing for its $12.5bn liquefied natural gas export terminal project in Texas, US.
The company has closed on $4.56bn in debt financing commitments for the third train. Most of the debt will come from a syndicate of 27 commercial banks.
Freeport LNG chief executive officer Michael Smith said: "We are excited to achieve this next great milestone in the advancement of the Freeport LNG liquefaction project."
Pembina completes Phase II crude oil and condensate pipeline expansion in Canada
Calgary-based Pembina Pipeline has completed its Phase II low vapour pressure (LVP), crude oil and condensate pipeline expansion.
The Phase II LVP Expansion, which was placed into service recently, has long-term contracts with Pembina’s customers.
It increases the company’s Peace Pipeline System capacity by 55,000 barrels per day (bpd), bringing total capacity on the line to more than 250,000 bpd.
Gazprom and YPF sign agreement to develop hydrocarbons in Argentina
Russian natural gas firm Gazprom and Argentinean oil and gas producer YPF have signed a memorandum of cooperation on hydrocarbon deposits.
The deal includes the primary areas of the future bilateral cooperation, including exploration, production and transmission of hydrocarbons in Argentina and third countries.
Gazprom management committee chairman Alexey Miller and YPF chief executive officer Miguel Galuccio signed the agreement in the presence of Vladimir Putin, President of the Russian Federation and Cristina Fernandez de Kirchner, President of the Republic of Argentina.
Air Products and ACWA JV to build industrial gas complex in Saudi Arabia
A joint venture (JV) of Air Products and ACWA Holding has secured a contract from Saudi Aramco to construct, own and operate an industrial gas complex in Saudi Arabia.
The facility, which is claimed to be the world’s largest industrial gas complex, will supply 75,000 tonnes per day of oxygen and
nitrogen to Saudi Aramco refinery in Jazan for 20 years.
Air Products will design and construct gas complex using its technology.
Gazprom commences drilling programme at Chonsky fleld in Siberia
Russian oil firm Gazprom Neft has started drilling operations at three exploratory wells at the Chonsky project located in eastern part of Siberia.
Drilling has begun at one each at the project’s Ignyalinsky, Vakunaysky and Tympuchikansky fields, located at the border of the Irkutsk Oblast and the Sakha Republic.
Gazpromneft-Angara CEO Victor Sorokin said: "Gazprom Neft has been actively developing the Chonsky project since 2011.
"Continuation of the geological prospecting programme will allow remaining geological uncertainties on this project to be dispelled, and the level of recoverable reserves to be increased.
