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Allseas Scores Gyda Platform Removal Job

Maritime Propulsion newsletter
Mitsui Looks to Sell BassGas Stake
Woodside in LNG Supply Deal with Uniper
First Subsea to Cover Formosa 1
Asian Oil & Gas Newsletter • September 20, 2019

ExxonMobil Looks to Sell Australian Assets

Mitsui Looks to Sell BassGas Stake

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern…

Woodside in LNG Supply Deal with Uniper

Australian LNG producer Woodside signed a heads of agreement (HOA) with Uniper…

First Subsea to Cover Formosa 1

UK-based offshore technology services provider First Subsea has delivered…

LNG Cargo Ready Notation for Ethane Carriers

American Bureau of Shipping (ABS), the provider of classification, technical…

Aramco Rapidly Restores Production Capacity

Saudi Arabia's oil and gas giant Saudi Aramco announced that it will fully…

Qatar, Shell Partner on LNG Bunkering

State-owned Qatar Petroleum and the Netherlands-based oil and gas company…

Boskalis Unit Scores Mozambique FLNG Gig

Dutch dredging company Royal Boskalis Westminster announced that its 50%…

MOL Trials LNG-Fuelled Tugboat at Kobe

Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken part in the…

Oil Prices Extend Losses After Saudi Pledge

Oil prices retreated about 2% on Wednesday, extending the previous day's…

Next Wave of U.S. LNG Export Projects to be Tougher

The next wave of U.S. liquefied natural gas (LNG) export projects will be…

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August 2019 Monthly Floating Production Systems Report

August 2019 Monthly Floating Production Systems Report Our August WER floating production report highlights the known floating liquefaction (FLNG) projects in the planning stage and the development status of each. We are tracking around 20 floating liquefaction projects in various stages of planning as of mid-2019. All are possible candidates for use of an FLNG – though the investment decision is generally 3+ years out and in most projects there are major financing barriers to get past and often commercialization options other than FLNG. But a portion of these projects will likely progress to FLNG contracts over the next five years – with the number of orders dependent on future underlying dynamics in the global LNG market. We also highlight the potential of Petrobras being privatized – a development that could free the company of intrusive government directives and boost FPSO contract opportunities in Brazil.

For more information about the WER reports and online database please visit our website or contact Paul Morris, phone: +1 212-477-6944