2016 in review: Editors’ picks

2016 in review: Editors' picks
Image courtesy of Teekay

Shell’s CEO takes a pay cut

Royal Dutch Shell CEO’s total direct remuneration for 2015 took a hit together with the company’s profit, according to Shell’s annual report issued on Thursday.

Anadarko says “strongly committed” to Mozambique LNG project

Woodlands-based Anadarko said Wednesday the company is “strongly committed” to its multi-billion Mozambique LNG project despite the debt crisis in the African country and the oil price downturn.

Eni approves Coral FLNG investment plan

Eni of Italy has approved the investment plan for the first phase of the development of the Coral gas discovery in the Rovuma Basin, offshore Mozambique.

Angola LNG re-starts production

The Chevron-led $10 billion Angola LNG project has started producing chilled gas with first cargoes to be available soon on a tender, the project’s spokeswoman told LNG World News on Tuesday.

Update: Teekay’s LNG tanker attacked off Yemen

Teekay’s LNG carrier, the 2004-built Galicia Spirit with the capacity to transport up to 137,814 cubic meters, has come under attack off the coast of Yemen.

 

LNG World News Staff

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CWC Iran LNG & Gas Partnerships Summit

It is the must attend event to form partnerships and explore opportunities along the dynamic gas value chain…

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Fundamentals of LNG

Operational and commercial essentials of the Liquefied Natural Gas (LNG) sector – training course by tutored distance learning…

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LNG Pricing, Trading & Risk Management / 2-Day Course

The global LNG market is rapidly growing in size and complexity…

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Floating LNG

Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period. The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However, the need to move towards cleaner sources of energy and diversify gas supply has stimulated the floating regasification market – over 14 countries are expected to commission their first floating import unit over the forecast period. Against this backdrop, SMi’s 5th annual Floating LNG conference will provide attendees with strategic insight on the latest developments within the FLNG market to optimise activities and ensure project sustainability and success. The two-day programme will also equip you with the tools to overcome the logistical, financial, technological and economic challenges associated with FLNG deployment and ensure succinct transition from design to operation.

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