JGC’s Consortium Awarded a Construction Project for LNG Terminal Facilities in Taiwan

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JGC Holdings Corporation, in a consortium that includes leading Taiwanese construction firm RSEA Engineering Corporation, Taiwan’s Do & Find Engineering Consultants and another company, has been awarded a contract for construction of LNG terminal facilities from state-owned oil and gas company CPC Corporation.

The project calls for engineering, procurement, construction, and commissioning (EPCC) services for Kaohsiung-based CPC Corporation, which will involve construction of eight LNG vaporizers and associated facilities in Taichung. This is a lump-sum contract for approximately 60 billion yen, with the JGC portion being nearly 34 billion yen. Delivery is scheduled for 2024.

Current energy policy in Taiwan seeks to end nuclear power generation and phase out coal-fired power while actively introducing clean energy sources such as liquefied natural gas (LNG) and renewable energy. To this end, the project will expand the existing Taichung LNG receiving terminal and add the new terminal being constructed. Specifically, the consortium has been contracted to build eight vaporizers (with a total capacity of 1,600 tons per hour) and ancillary facilities at the LNG receiving terminal.

Compelling factors that may have led to this order by CPC included technical proposal capabilities meeting client needs, project execution planning that ensures quality, safety, and fast turnaround, and a project execution framework that maximizes each company’s considerable experience.

Taiwan plans to increase power generation fueled by natural gas to 50% of the island’s total power generation by 2025, up from about 30% at present. This commitment is reflected in the active expansion of LNG imports and storage capacity by CPC and Taiwan Power Company (TPC). Construction of several new LNG receiving terminals is also planned. After successful completion of this project, the JGC Group will pursue subsequent projects here.

The JGC Group has positioned LNG receiving terminals in the Asian region as a growth segment and market for EPC business, as outlined in the medium-term business plan (BSP 2025). Building on this project, we will work to secure other new orders, as we contribute to global environmental conservation through expanded use of LNG.

Source: JGC

McDermott’s CB&I Named Tank Contractor for Venture Global’s Plaquemines LNG Phase One Project

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McDermott’s storage business, CB&I, has been awarded a contract by Venture Global Plaquemines LNG for two 200,000 cubic-meter liquefied natural gas (LNG) storage tanks as part of the first phase of the Plaquemines LNG export project. 

Located on the Mississippi River, 20 miles south of New Orleans, Plaquemines LNG is expected to have a combined export capacity of up to 20 million metric tonnes per year. The phase one scope for CB&I includes the engineering, procurement and construction of two full containment concrete LNG storage tanks with associated foundations, tank top mechanical systems and pipe racks extending to the main facility.

CB&I recently achieved ready for cooldown as scheduled for two LNG tanks of similar size and scope for the Venture Global Calcasieu Pass LNG project.

“Venture Global witnessed firsthand the agility of our project management and construction teams to adjust, adapt and overcome the challenges inherent in executing work on the U.S. Gulf Coast,” said Cesar Canals, Senior Vice President of CB&I. “We take great pride in our unwavering commitment to getting the job done safely and on schedule, and appreciate being selected as the tank contractor for Venture Global’s next development.”

Source: McDermott

QatarEnergy places LNG ship orders with Korean shipyards for its expansion projects

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Another significant step in its historic LNG shipbuilding program

QatarEnergy places LNG ship orders with Korean shipyards for its expansion projects

QatarEnergy placed the first batch of LNG shipbuilding orders with Korean shipyards consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s historic shipbuilding program to meet its future LNG carrier requirements.

The orders came in the form of QatarEnergy’s declaration of its ship construction options with the two Korean shipyards under its Reservation of Shipyard Capacity agreements signed in May 2020.

Commenting on this new shipbuilding order, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said: “We are pleased to take this further step with DSME and SHI, which have built 23 Q-Flex and 14 Q-Max LNG vessels for Qatar as part of our previous LNG expansion project.”

His Excellency Minister Al-Kaabi added: “These orders, and those that will follow in the near future, constitute a significant part of our program to expand Qatar’s LNG fleet to meet the requirements of our LNG expansion projects, our existing fleet replacement, as well as our LNG trading arm.”

In concluding his remarks, His Excellency the Minister said: “I would like to take this opportunity to thank the management and working teams from DSME, SHI, QatarEnergy and Qatargas, whose dedicated efforts were instrumental in the realization of this milestone.”

The North Field expansion projects will increase Qatar’s LNG production capacity from 77 million tons per annum to 126 million tons per annum by 2027. QatarEnergy’s LNG carrier fleet program is the largest of its kind in the LNG industry and is designed to meet the shipping requirements of QatarEnergy’s LNG expansion projects, as well as replacing part of Qatar’s existing LNG fleet.

Source: QatarEnergy

Total to develop Singapore into a major LNG hub for Asia

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The Maritime and Port Authority of Singapore (MPA) has awarded a third Liquefied Natural Gas (LNG) bunker supplier license to Total’s subsidiary in charge of worldwide bunkering activities, Total Marine Fuels Private Limited, for a five-year term starting January 1st, 2022.

This achievement follows a 10-year agreement signed by Total back in 2019, to develop an LNG bunker supply chain in the port of Singapore. It reaffirms the Company’s commitment to contribute to the country’s ambition in becoming a key LNG bunkering hub for Asia. It also underscores Total’s confidence in the role of natural gas for the global maritime industry’s energy transition and in its potential to further reduce carbon emissions from ships, through the development and future introduction of carbon-neutral bioLNG. 

“We are proud to be awarded by the Maritime and Port Authority of Singapore the licence to supply LNG. Singapore, as the world’s largest conventional bunkering hub with a market share of 20 percent, is well positioned to become a major hub for LNG as a marine fuel,” underlined Alexis Vovk, President, Marketing & Services at Total. “Asia’s demand for LNG bunkering is growing and the contribution of Singapore is of essence for the development of a global LNG bunkering market. Moving forward, Total will continue to step up investments to bring greater value of our integrated natural gas supply chain to customers serving this important region, ultimately contributing to our target of serving more than 10% of the global LNG bunker market.”

Total has actively invested in LNG infrastructure, critical to support its shipping customers’ uptake of LNG as a marine fuel. Since November 2020, Total has been operating the world’s largest LNG bunker vessel, the “Gas Agility”, at the Port of Rotterdam. By 2022, the Company will launch another newly built LNG bunker vessel in Marseille (France), while serving the port of Singapore through a third one. As part of its strategy to reduce greenhouse gases emissions in maritime transportation, Total has in parallel chartered two VLCCs (Very Large Crude Carriers) and four Aframax-type vessels, all equipped with LNG propulsion, which will be delivered in 2022 and 2023 respectively.

Total’s active efforts to develop LNG bunkering for maritime transport are in line with the Company’s climate ambition to get to net-zero emissions by 2050, together with society. Furthermore, it embodies Total’s broader marketing strategy towards the industries it serves, focusing on solutions to reduce the carbon intensity of the energy products used by its customers worldwide.

Source: Total

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Total awards two Mozambique LNG agreements to Worley

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Worley has been awarded two master service agreements by Total E&P Mozambique Area 1 Limitada (Total) to provide services to the Mozambique LNG Project. 

Under the MSAs, Worley will provide in-and-out of country services, including engineering, consulting and specialist engineering for delivery of onshore and offshore (subsea) facilities. The services will support the development of the new LNG facility. 

The services will be executed by Worley’s local Mozambique operation with support from Worley’s global businesses including Advisian. Worley has supported the LNG development, located on the Afungi peninsula in Cabo Delgado province since gas was first discovered there in 2010. 

“We are pleased to continue providing services to the LNG development and to support one of Africa’s largest projects. Through the MSAs, we will help Total and its partners in the Mozambique LNG Project meet the world’s changing energy needs,” said Andrew Wood, Chief Executive Officer of Worley.

Source: https://keyfactsenergy.com/news/6718/view/

Daewoo Project Petropipe

Daewoo awarded $500m LNG train contract in Mozambique

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In the latest development confirming the size and scope of liquid natural gas (LNG) production in Mozambique’s Cabo Delgado province, Daewoo Engineering & Construction has received a $500-million contract to build two trains at the Afungi liquefaction site in Palma.

Although the contract is conditional, Daewoo E&C said it could exceed the initial investment of $500 million.

Once completed, the trains are expected to be capable of transporting 6.4 million tonnes of gas from Mozambique’s LNG fields in the Rovuma basin.

The contract was awarded following the finalisation of a joint venture named CSS, struck between Japanese engineering company, Chiyoda, Panamanian peer firm Mcdermott International, and Italian oilfield services company, Saipem.

LNG exports from Mozambique’s gas fields in the country’s far north-west are expected to come on line in 2024.

The coastal hamlet of Palma, where Total’s liquid natural gas project is situated, is also the site where South African émigré and entrepreneur Andre Hanekom had infrastructural interests serving his fishing company, Palma Marine.

Hanekom died after much cloak-and-dagger wrangling, particularly by Mozambican authorities. He was accused of aiding and abetting vicious rebel attacks that were said to have been launched from southern Tanzania into Mozambique.

However, these accusations of colluding with insurrectionist forces were never proven.

Inside sources believe his demise, leading to his death in a prison hospital, was devised by interests who wanted him dislodged from what has become the most lucrative resource exploration site in modern times. 

Source:- https://ftwonline.co.za/

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Visiongain: Micro LNG Market Set to Grow to $222.7 Million by 2030

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Visiongain said in its Micro Liquefied Natural Gas (LNG) Market Forecast 2020-2030 that investments in small scale LNG liquefaction facilities were gaining momentum, which surged the demand for less than 0.1 mtpa micro-scale LNG liquefaction facilities mainly for peak shaving needs.

Low logistics and transportation costs coupled with on-site liquefaction of LNG, i.e. near to the demand centers, surged the investments in the micro LNG business.

According to the company’s report, there are more than 30 operational micro LNG liquefaction facilities with China dominating the micro LNG market in terms of installed liquefaction facilities.

Visiongain assesses that supply-side, demand-side, and installed capacity of the global micro LNG liquefaction will reach $222.7 million in value and five mtpa in terms of installed capacity by 2030.

The company added that the planned and upcoming projects were the driver for the steady growth rate till 2030.

Also, growing investments in the development of economic small-scale LNG liquefaction facilities is expected to benefit the demand for micro LNG in the near future.

Source: http://bit.ly/2PvNojO