Slow upturn in prospect for offshore ROVs
Rate this article Global use of the available ROV fleet fell to 32% last year, according to Westwood’s World ROV Operations Market Forecast. Read Full Article Here For more great articles: Offshore RSS Feed
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FLNG projects to increase, says analyst
Rate this article Global FLNG capex is projected to total $52.8 billion over the 2019-2024 period, according to Westwood Energy’s latest market forecast. Read Full Article Here For more great articles: Offshore RSS Feed
EIA revises Henry Hub price estimates
Rate this article By LNG World News The U.S. Energy Information Administration has slightly revised its forecast for Henry Hub natural gas spot prices for this year and 2019. Read Full Article Here For more great articles: LNG World News
Norway’s oil output in June below forecast over technical issues on fields
Rate this article By Offshore Energy Today.. Oil production in Norway was below forecast during June 2018 due to technical issues on some fields, according to a report on Wednesday by the Norwegian Petroleum Directorate (NPD). … Read Full Article Here For more great articles: Offshore Energy Today
Industry easing the brakes on new production facilities, report finds
Rate this article Westwood’s latest World Oilfield Equipment Market Forecast sees further improvements in offshore E&P activity between now and 2022. Read Full Article Here For more great articles: Offshore RSS Feed
Australian LNG export value to rise as volumes, prices edge up
Rate this article By LNG World News Australia’s earnings from LNG exports are forecast to jump from A$23 billion in 2016–17 to A$39 billion in 2022–23, a report by the Department of Industry, Innovation and Science. Read Full Article Here For more great articles: LNG World News
EIA cuts 2018 Henry Hub price estimate
Rate this article By LNG World News The U.S. Energy Information Administration has reduced its forecast for Henry Hub natural gas spot prices this year as LNG exports produced from shale gas continue to rise. To remind, Henry Hub-priced US LNG exports received a boost last week as the Dominion Cove facility, the second US…
Report: Australia’s LNG exports to hit 76.5 million tonnes in 2018-19
Rate this article By LNG World News Australia on Monday said it expects liquefied natural gas (LNG) exports to climb to 76.5 million tonnes in the year to end-June 2019. This compares to a forecast of 63 million tonnes for the 2017/18 fiscal year spanning from July to June and 52 million tonnes last year….
Decline curve, scheduled approaches adopted for GoM decommissioning forecast
Rate this article Models are required to forecast when an oil and gas structure is expected to be decommissioned. When models are developed, good modeling practice dictates that procedures be well-defined and assumptions clear and transparent. In part five of this series, the model framework employed in the deepwater Gulf of Mexico decommissioning assessment is…
Report: Australia to export 58.1 million mt of LNG in 2017-18
Rate this article By LNG World News Australia, the world’s second-largest liquefied natural gas (LNG) producer, is expected to ship 58.1 million mt of the fuel in 2017-18, according to a report by the National Australia Bank. This forecast is based on the assumption that some LNG terminals in Australia will run well below nameplate…