Gas Consumption News

(Image: Total)

Total Makes Major Offshore UK Gas Discovery

and developed quickly and at low cost.Total said the discovery will extend the life of the West of Shetland infrastructure and production hub which includes the Laggan, Tormore, Edradour & Glenlivet fields, as well as the Shetland Gas plant, all of which contribute to about 7 percent of the UK gas consumption."Glendronach is a significant discovery for Total which gives us access to additional gas resources in one of our core areas and validates our exploration strategy," Arnaud Breuillac, President of Total's Exploration & Production division, said in a statement.Wood Mackenzie

Photo courtesy BP

BP, Reliance Move Ahead in Deep Water

R-series project, is already in execution phase with all major contracts awarded. The Satellites cluster project will draw on execution synergies with the R-series project being developed concurrently.   India today consumes over 5 billion cubic feet a day of natural gas and aspires to double gas consumption by 2022. Gas production from the integrated development is expected to help reduce India’s import dependence and amount to over 10% of the country’s projected gas demand in 2022; benefiting India and domestic consumers at large.   

© iQoncept / Adobe Stock

EIA Release Short-Term Energy Outlook

in 2018 is forecast to be 3.2 Bcf/d more than the 2017 level.    • In April, the average Henry Hub natural gas spot price was $3.10 per million British thermal units (MMBtu), 22 cents/MMBtu above the March level. New natural gas export capabilities and growing domestic natural gas consumption contribute to the forecast Henry Hub natural gas spot price rising from an average of $3.17/MMBtu in 2017 to $3.43/MMBtu in 2018.    • Wind energy capacity at the end of 2016 was 81 gigawatts (GW). EIA expects wind capacity additions in the forecast will bring total wind capacity

Contract includes the building of the Central Processing Facility plus 2 connecting bridges, Wellhead Platform and Utilities & Living Quarters Platform Topsides for the Culzean Field Development

Sembcorp Unit Wins $1 bln Maersk North Sea Deal

Admiralty Yard in Singapore will be the core fabrication yard for the project, while the Sembmarine SLP yard in Lowestoft, UK will undertake the work scope for a power generation module, two bridges and a flare. Culzean gas field is expected to be capable of providing around 5% of the UK's total gas consumption by 2020/21. SMOE is an offshore engineering company which has attained a reputation as a leading turnkey contractor in the global oil and gas industry through its proven track record of more than 40 years in the construction of offshore fixed platforms, floating production systems, specialised

Eni Presents World Oil and Gas Review

World oil reserves increased in 2012 (+2% vs 2011), gas reserves remained almost flat (+0.4% vs 2011) World production of oil and gas is rising (+2.9% and +1.8% vs 2011) World oil consumption is growing (+1% vs 2011), but not in Europe World gas consumption is also rising (+2.3% vs 2011)  LNG trade dropped for the first time in 40 years Eni presented the twelfth edition of World Oil and Gas Review, the annual statistical review of the world oil and gas market and the refining system.   Oil and gas reserves continue to rise, confirming that operators

GasReformer: Image credit Wärtsilä

Wärtsilä Launches GasReformer

atmosphere. The World Bank-led Global Gas Flaring Reduction Partnership estimates that globally around 150 billion cubic metres of gas are flared or vented every year, causing some 400 million tons of carbon dioxide in annual emissions. That is equivalent to 30 per cent of the European Union's gas consumption. The Wärtsilä GasReformer treats this gas and converts it into a stable composition that can be used as fuel for Wärtsilä engines. This means that oil platforms and FPSO's, which demand high levels of power, can utilize an energy source that was earlier not used at

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