Posted on July 12, 2023
Company Spotlight, Export Terminals, Gulf Coast, LNG, Mergers & Acquisitions, Midstream, Natural Gas

Toward the end of 2021, a mere five floating LNG processors were operating around the world where they were used exclusively to tap offshore gas production. Unlike fixed onshore terminals, FLNGs—as they were employed at the time—offered a lower-cost option to liquify the gas with the added flexibility to move to other offshore gas resources inaccessible by land-based plants. ...

by
0
Posted on July 5, 2023
Export Terminals, Gulf Coast, Import Terminals, International, LNG, Natural Gas

The giddy-up is on for new U.S. LNG export terminal projects and expansions as Europe and China duke it out for long-term supplies. Reese Energy Consulting today is studying a blizzard of activity by both U.S. operators and two large buyers rivaling for shipments as 2023 marks its seventh month and colder seasons draw closer. ...

by
0
Posted on June 14, 2023
Carbon Capture - CCS, Company Spotlight, Energy Technologies, Executive Spotlight, Export Terminals, Gulf Coast, International, LNG, Mergers & Acquisitions, Midstream

The long and winding road to reach a FID on a U.S. LNG project is paved with near-Herculean obstacles to move even a mile. Just ask NextDecade’s Chairman and CEO Matt Schatzman who has led the Houston-based company since 2018. ...

by
0
Posted on June 8, 2023
Company Spotlight, Crude Oil, Executive Spotlight, Gulf Coast, International, Joint Ventures, Mergers & Acquisitions, Natural Gas, Offshore

Let’s say you’re the UK’s largest oil and gas producer recording 208 MBOED in global volumes of which 90% is from the North Sea. Last year you posted $2.4 billion in profits. But along came a new windfall tax and, suddenly, that $2.4 billion in profits just became $8 million. ...

by
0