BP files for “maximum” damages from McDermott
McDermott International faces a claim for “maximum recoverable damages” linked to its failure to complete a contract for BP offshore Mauritania and Senegal.
McDermott International faces a claim for “maximum recoverable damages” linked to its failure to complete a contract for BP offshore Mauritania and Senegal.
Allseas has completed the infield pipelay scope for BP’s LNG project offshore Mauritania and Senegal.
“But most of the cash flow increase is coming from improvements in the quality of the portfolio. We're shifting from mature legacy assets to next generation assets.”
Bowleven CEO Eli Chahin said the termination of the deal was “unfortunate as we believed it could have represented an opportunity to accelerate development progress at Etinde”.
Wison New Energies country manager in Nigeria Fan Jian said the company was “confident that our FLNG EPCIC experience will guarantee a successful and efficient delivery. We are excited about advancing to the next stage in the near future.”
The two states will “remain vigilant” in the operational, economic and financial support, in partnership with BP and Kosmos Energy.
The statement from the ministry said the arrival of the FLNG vessel was a “historic moment” for the GTA project. It reported that the LNG scheme was more than 90% complete.
Eni said this second FLNG vessel will begin producing in 2025. The company will market all of the produced LNG, it said.
“Pipeline Production worked their magic, completing the welding and FJC qualification programmes at a super-fast pace. Equipment preparation was a push, but in true Allseas style everything was delivered on time,” the company said on LinkedIn.
Kyari went on to say the company was promoting “several” FLNG schemes and was willing to take practical steps to secure them.
The journey should take 60 days, Golar reported, with refuelling stops in Mauritius and Namibia.
“In addition, the project is expected to deliver LNG export volumes to global markets, further establishing Senegal as an important and reliable supplier of energy to the world.”
The FPSO is on its way to West Africa, the CEO said, while the FLNG facility should leave Singapore by the end of 2023. According to Marine Traffic, the FPSO is today offshore Maputo.
Ajayi noted Egypt relied on gas imports from Israel for domestic demand. “As such the North African nation will have less gas available for LNG exports due to the shutdown of the EMG pipeline.”
The complaint accused the company of “involuntary manslaughter” and failing to assist someone who was in danger during the attack.
The stoppage at Tamar could result in lower shipments to buyers in Europe, who are increasingly reliant on alternatives to Russian pipeline flows, especially during the winter heating season.
Renergen said it would consider social media comments and may take “appropriate next steps to protect the interests of all of its shareholders”.
Allseas will deploy its Pioneering Spirit, the world’s largest construction vessel, to begin in early December 2023. Allseas will also use its Oceanic offshore support vessel.
Total has two rigs working in Namibia, with the Tungsten Explorer and the Deepsea Mira. A recent update from Vantage Drilling reported Total had extended the contract on the Tungsten Explorer into the second quarter of 2024.
NNPC “reserves its rights” over the breach. Failure to obtain approval allows NNPC E&P Ltd (NEPL) to “invalidate the purported assignment” to Oando.
Gas capacity expansion is still constrained by pipeline vandalism, especially domestically.
Saipem expects the offshore commissioning and start up of the FPU to take place in the fourth quarter of 2025.
JGC, Technip Energies and KBR signed on to work on front-end engineering and design (FEED) in November 2022.
Exxon is looking to nearly double its LNG portfolio, which currently stands at 24 million tonnes a year globally, by 2030, either through new projects, joint ventures or third-party offtake agreements, said Clarke.
The first was on increasing production at Tin Fouyé Tabankort (TFT). The two companies agreed to convert the TFT II and TFT Sud contracts to the new hydrocarbon law, which Algeria passed in December 2019.