• Upstream
  • Pipelines & Transport
  • Downstream
Oil&Gas Advancement
  • Home
  • News
    DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets

    DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets

    Carbon+Intel - DNV and energy majors launch JIP to develop low-pressure CO2 transport by ships

    MicroSeismic wins second Department of Energy grant for carbon capture and storage services

    Sempra, ConocoPhillips partner to launch Port Arthur LNG Project in South Texas

    LR green lights Rotoboost's pre-combustion carbon capture system

    LR green lights Rotoboost’s pre-combustion carbon capture system

    German Energy Regulator Does Not Dwarf Tough Road Ahead

    German Energy Regulator Does Not Dwarf Tough Road Ahead

    North Sea Hydrogen Pipelines Have A Huge Potential- Study

    North Sea Hydrogen Pipelines Have A Huge Potential- Study

    Study States European Natural Gas Rates To Multiply By 2024

    Russian Tax Overhaul Looks To Offset Oil Firms Revenue Dip

    EPA Urged To Keep Methane Emissions From Flares In Check

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

    Saudi Arabia’s NEOM hydrogen mega-project cost soars to $8.5 billion

    OERA & ONHYM Reach Agreement to Enhance Offshore Energy Research & Development

    Santos receives major approval for oil and gas development offshore Western Australia

    Eni, Repsol press Maduro for more control to increase oil production from Venezuelan oil fields

    chevron invests in carbon capture and removal technology company, svante

    bp looks to further developments at Tangguh with PSC extension

    Falcon Oil & Gas completes successful drilling operations in Australia

    N’GENIUS solution on the horizon for oil, gas and LNG industry

    QatarEnergy, GE to develop carbon capture roadmap

    QatarEnergy, GE to develop carbon capture roadmap

    Equinor Energy

    Transocean secures offshore drilling rig contract from Wintershall and OMV

  • Market Reports
    CNOOC Limited Announces Caofeidian 11-1/11-6 Oilfield Comprehensive Adjustment Project Commences Production

    Vital Energy acquires oil production assets in Permian basin for $128 million

    INPEX sells Eagle Ford tight oil production and development assets to Repsol

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Aramco announces second quarter and half-year 2021 results

    Aramco announces second quarter and half-year 2021 results

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    Empire Petroleum buys US oil and gas assets from ExxonMobil

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
    DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets

    DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets

    Carbon+Intel - DNV and energy majors launch JIP to develop low-pressure CO2 transport by ships

    MicroSeismic wins second Department of Energy grant for carbon capture and storage services

    Sempra, ConocoPhillips partner to launch Port Arthur LNG Project in South Texas

    LR green lights Rotoboost's pre-combustion carbon capture system

    LR green lights Rotoboost’s pre-combustion carbon capture system

    German Energy Regulator Does Not Dwarf Tough Road Ahead

    German Energy Regulator Does Not Dwarf Tough Road Ahead

    North Sea Hydrogen Pipelines Have A Huge Potential- Study

    North Sea Hydrogen Pipelines Have A Huge Potential- Study

    Study States European Natural Gas Rates To Multiply By 2024

    Russian Tax Overhaul Looks To Offset Oil Firms Revenue Dip

    EPA Urged To Keep Methane Emissions From Flares In Check

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

    Saudi Arabia’s NEOM hydrogen mega-project cost soars to $8.5 billion

    OERA & ONHYM Reach Agreement to Enhance Offshore Energy Research & Development

    Santos receives major approval for oil and gas development offshore Western Australia

    Eni, Repsol press Maduro for more control to increase oil production from Venezuelan oil fields

    chevron invests in carbon capture and removal technology company, svante

    bp looks to further developments at Tangguh with PSC extension

    Falcon Oil & Gas completes successful drilling operations in Australia

    N’GENIUS solution on the horizon for oil, gas and LNG industry

    QatarEnergy, GE to develop carbon capture roadmap

    QatarEnergy, GE to develop carbon capture roadmap

    Equinor Energy

    Transocean secures offshore drilling rig contract from Wintershall and OMV

  • Market Reports
    CNOOC Limited Announces Caofeidian 11-1/11-6 Oilfield Comprehensive Adjustment Project Commences Production

    Vital Energy acquires oil production assets in Permian basin for $128 million

    INPEX sells Eagle Ford tight oil production and development assets to Repsol

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Aramco announces second quarter and half-year 2021 results

    Aramco announces second quarter and half-year 2021 results

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    Empire Petroleum buys US oil and gas assets from ExxonMobil

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

Floating Storage And Regasification Unit (FSRU) Secured

venkat by venkat
August 20, 2018
in News, Production, Upstream
0

Australian Industrial Energy (AIE) has secured a critical component of its Port Kembla Gas Terminal. The Floating Storage and Regasification Unit (FSRU) will be supplied under charter contract from the global leader in the development and operation of modern FSRUs, Norway’s Höegh LNG.

Höegh is a recognised pioneer in the international shipping industry, having commenced operations nearly 100 years ago. As part of their shipping and logistics activities, Höegh LNG has provided specialised operations in LNG carrier transport and regasification for more than 40 years. They are the largest global supplier of FSRUs, accounting for over 30% of the current global FSRU fleet.

Under the Exclusivity Agreement signed with Höegh LNG, AIE has the right to lease one of Höegh LNG’s state-of-the-art 300-metre-long 170,000m3 FSRUs. The FSRU will be permanently moored at Berth 101 in Port Kembla’s inner harbour for the duration of the Time Charter Party contract. The FSRU has the capability of re-gasifying liquefied natural gas that can then be injected through high pressure loading arms into a pipeline from the berth to the existing east coast gas transmission network, approximately 10 kms away.

The FSRU will form part of the final port infrastructure design plans which will also address the NSW Government’s planning assessment and development approval requirements. These requirements were provided to AIE last week under the Government’s Critical State Significant Infrastructure planning process. Final receipt of such approvals will be an important step towards AIE being in a position to make a final investment decision enabling the supply of gas to industrial customers from Q1 2020.

CEO of AIE, James Baulderstone said: “Securing the FSRU charter and confirmation of the NSW Government’s planning requirements are two further important milestones for our project. We remain on schedule to deliver gas to our industrial customers during early 2020. Our schedule coincides with the expected significant tightening of the east coast gas supply market, especially for major industrial users.”

“Höegh LNG is uniquely positioned to provide NSW with this critical piece of energy infrastructure. They have the world’s most modern and technologically advanced fleet and a strong commitment to operational excellence. These were crucial determinants in AIE’s final selection decision.

“AIE’s NSW gas import facilities will be nothing short of world’s best-in-class. We have Höegh LNG’s global leadership in the supply and operation of FSRU technology combined with the world’s largest LNG buyer, JERA, which also has decades of LNG import terminal operating experience,” Mr Baulderstone said.

Mr Sveinung J.S. Støhle, CEO and President of Höegh LNG said, “We are impressed with the AIE consortium’s capabilities and its vision to address the gas supply challenges that the Australian east coast market is facing, particularly NSW.

“Höegh LNG is delighted to be selected as the provider of a modern and efficient FSRU to the AIE consortium, and by that playing a part in delivering competitive, reliable energy to NSW businesses and homes.

“The technologies involved in the FSRU to be docked at Port Kembla will include the latest safety and environmentally sustainable solutions available on the global market,” Mr Stöhle said

At 31 December 2017, over 35 countries were importing LNG through re-gasification plant, including 14 countries through FSRUs. The Port Kembla Gas Terminal project will have an initial capacity to supply in excess of 75% of NSW annual gas needs.

Previous Post

Aker Solutions Wins Orders for Liuhua Power Umbilical Systems in China

Next Post

OERA & ONHYM Reach Agreement to Enhance Offshore Energy Research & Development

Related Posts

DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets
Downstream

DeepOcean charters offshore support vessel to strengthen customers oil and gas, renewables assets

March 23, 2023
Carbon+Intel - DNV and energy majors launch JIP to develop low-pressure CO2 transport by ships
Downstream

MicroSeismic wins second Department of Energy grant for carbon capture and storage services

March 23, 2023
Exploration Development

Sempra, ConocoPhillips partner to launch Port Arthur LNG Project in South Texas

March 23, 2023
LR green lights Rotoboost's pre-combustion carbon capture system
News

LR green lights Rotoboost’s pre-combustion carbon capture system

March 23, 2023
German Energy Regulator Does Not Dwarf Tough Road Ahead
Downstream

German Energy Regulator Does Not Dwarf Tough Road Ahead

March 22, 2023
North Sea Hydrogen Pipelines Have A Huge Potential- Study
News

North Sea Hydrogen Pipelines Have A Huge Potential- Study

March 18, 2023
Next Post
OERA & ONHYM Reach Agreement to Enhance Offshore Energy Research & Development

OERA & ONHYM Reach Agreement to Enhance Offshore Energy Research & Development

Latest Post

North Sea Hydrogen Pipelines Have A Huge Potential- Study
News

North Sea Hydrogen Pipelines Have A Huge Potential- Study

March 18, 2023
Downstream

Study States European Natural Gas Rates To Multiply By 2024

March 1, 2023
Downstream

Russian Tax Overhaul Looks To Offset Oil Firms Revenue Dip

February 27, 2023
Downstream

EPA Urged To Keep Methane Emissions From Flares In Check

February 24, 2023
Downstream

Further Russian Oil Output Cuts Expected In Times To Come

February 24, 2023
Featured

OPEC+ Deal Expected To Last Till The Year End- Saudi Arabia

February 21, 2023
Oil&Gas Advancement

About Us

Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2018 Copyright Valuemediaservices 2018 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2018 Copyright Valuemediaservices 2018 All rights reserved.