Daily Digest: February 21st, 2020
SIEMENS WINS ORDER AT US CALCASIEU PASS LNG PROJECT
Germany's Siemens announced on February 20 it had won a contract for supply three boil-off gas (BOG) compressor packages for US firm Venture Global LNG's planned Calcasieu Pass gas liquefaction plant in Louisiana.
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"Siemens has a long track record of providing cryogenic boil-off gas compressors for the LNG industry worldwide," Siemens' LNG vice president Matthew Russell said in a statement.
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The 10mn mt/yr Calcasieu Pass terminal is on track to start up in 2022. Venture Global took a final investment decision on its construction in August 2019.
YAMAL LNG T4 SEES FURTHER DELAY
The launch of Yamal LNG's fourth train appears to have been pushed back again, with the start-up now expected in the third quarter of this year, Novatek CFO Mark Gyetvay said in an earnings call on February 20.
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The 0.9mn mt/yr train, which will join three 5.5mn mt/yr trains already in operation on Russia's Yamal Peninsula, was originally scheduled to start production before the end of 2019.
- Yamal LNG's fourth train will be the first to use Novatek's proprietary liquefaction technology, Arctic Cascade.
- Novatek's profit surged more than fivefold in 2019, on the back of the sale of shares in its Arctic LNG-2 project.
OZ AGN GETS FUNDS TO SET UP HYDROGEN CENTRE
Gas infrastructure firm Australian Gas Networks (AGN) has received A$1.28mn (US$0.85mn) from the Australian government’s Australian Renewable Energy Agency (Arena) to support the Australian Hydrogen Centre (AHC) to explore the feasibility of blending hydrogen into natural gas networks, the company said.
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Approximately 710 households in Mitchell Park will be receiving a blended 5% renewable gas – a combination of natural gas and renewable hydrogen.
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Building on the feasibility studies for regional towns, the AHC will also develop feasibility studies to inject up to 10% renewable hydrogen into the gas distribution networks of South Australia and Victoria and develop a pathway to make the transition to 100% hydrogen networks, the company said.
UNIPER SELLS GERMAN LIGNITE PLANT STAKE
German utility Uniper has agreed to sell its majority stake in a lignite power plant to its partner, it said.
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Uniper is readying for a lower-carbon future, with more natural gas planned for its power-generating portfolio.
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It is to be majority-owned by Finnish Fortum, once the final approvals for the share transfer are in place.
BOSNIA COMMISSIONS CROATIAN GAS LINK STUDIES
Bosnia's gas firm BH-Gas has selected a contractor to undertake a feasibility study and an environmental impact assessment of a proposed 160-km gas link with Croatia.
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The project's aim is to allow Bosnia to tap gas supplies from Croatia's planned Krk LNG terminal, and other sources, helping it reduce reliance on Russian gas.
US HUNTING BUYS UK UPSTREAM SERVICES CO
US oilfield services company Hunting has bought a UK peer, Aberdeen-based Enpro Subsea and its US, Norwegian and Ghanaian subsidiaries for $33mn plus a potential maximum earn out of $3mn depending on pre-tax earnings for this year, Enpro said.
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Enpro was founded in 2011 and has developed subsea production technology that has been adopted by offshore operators within the global oil and gas industry.
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Hunting CEO Jim Johnson said the deal "strengthens Hunting’s subsea offering and adds a high technology product group to our portfolio.