Nord Stream Probe Finds Evidence of Detonations, Swedish Police Say
that consumption was too high."We will struggle to avoid a gas emergency this winter without at least 20% savings in private households, businesses and industry," Klaus Mueller of the Bundesnetzagentur said."The situation may become very serious if we do not significantly reduce our gas consumption," he told Reuters. (Reporting by Reuters and Stine Jacobsen in Copenhagen; Writing by Alexander Smith; Editing by Elaine Hardcastle)'Unthinkable' That Russia Will be Excluded from Nord Stream Probe, Foreign Ministry SaysGerman Police See State Actor Role in Nord Stream Blasts
Spirit Energy Orders POS-GRIP System from Plexus
hydrocarbon to combust in terms of CO2 emissions, natural gas is increasingly viewed as a key transitional fuel, as the world moves towards net-zero emissions. A key assumption behind this view is that harmful fugitive methane emissions can and must be eradicated from the entirety of the natural gas consumption chain. "At the well-site, POS-GRIP's leak-proof wellheads can do that and as a result, we believe our production technology delivers a compelling economic and environmental proposition for the surface production operations we are targeting. With a substantial pipeline of opportunities
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
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.
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
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
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
February 2024
