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Nigeria LNG moves ahead with $10B expansion; 30 Mtpa

Green Car Congress

The partners in Nigeria LNG (NLNG)—Nigeria National Petroleum Corporation (NNPC) (49%), Shell (25.6%), Total (15%) and Eni (10.4%)— have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant at Bonny Island. Mtpa—a 33% increase.

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2

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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

Green Car Congress

The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. Naturgy, Novatek Gas & Power, NYK Line, Petronet LNG, Port of Rotterdam, Qatargas, Shell, Société Générale, Sumitomo Corporation, Total, TOTE Inc.,

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ExxonMobil Reserves Replacement in 2008 Was 103% of Production

Green Car Congress

These additions assume the long-term pricing basis that the corporation uses to make its investment decisions, rather than single-day, year-end pricing. Proved additions were also made in a diverse range of countries including the United States, Norway, Nigeria, Angola and Australia. billion oil-equivalent barrels.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Chevron Corporation announced a $32.7 Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. Expenditures of approximately $600 million in 2012 are budgeted for technology, power generation and other corporate activities. Spending of $28.5

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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

Overseas, the Group has oil and gas assets in Indonesia, Australia, Nigeria, Argentina, the US and some other countries. The transaction will be effected by way of a plan of arrangement through concurrent proceedings under the Companies’ Creditors Arrangement Act (Canada) and the Canada Business Corporations Act.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Location of the Ichthys project. Source: INPEX. Click to enlarge.

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