Successful String Test of Calcasieu Pass System Moves Project Forward
Venture Global LNG had a successful string test of the first Venture Global Calcasieu Pass mixed-refrigerant compression system at Baker Hughes’ testing facility in Massa, Italy.
The string test proves the engineering, functionality, and performance of the Calcasieu Pass process system and comes 7 months after the final investment decision for the project. Baker Hughes was awarded a contract in August and granted notice to proceed on the construction of its LNG technology solution for the project.
The 10-mtpa LNG project is in Cameron Parish, Louisiana, on a 930-acre site located where the Calcasieu Ship Channel meets the US Gulf of Mexico. Commercial operations are expected in 2022. The project includes a process solution from Baker Hughes that utilizes efficient, mid-scale, modular liquefaction trains that are factory-fabricated in Italy and shipped complete to the Calcasieu Pass site.
Decommissioning Work To See Increased Spending; North Sea Region To Lead the Way
Even before the global pandemic impacted markets, decommissioning work in the North Sea region was expected to increase. One research group estimates global decommissioning projects could reach $24 million by 2024.
UPDATE: Total Faces $12 Billion Shortfall as it Continues $20 Billion Mozambique LNG Project
Construction on Mozambique LNG stopped in April due to COVID-19, but Total continues work on the project even amid a $12 Billion shortfall. Financing for the Mozambique LNG project follows engineering contracts awarded by Total in the past few months.
Mammoet Awarded Unloading, Transport, Installation Contract for Arctic LNG 2
The contract is Mammoet’s biggest in terms of aggregate tonnage. The Arctic LNG 2 project reached FID in September 2019.
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20 May 2020
20 May 2020