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Sunday, August 25, 2019

Shale Gas Boom News

Canada's First LNG Export Terminal Seen as One-off

Woodfibre LNG, Canada's first liquefied natural gas export project, will be a "nice-to-have" fillip for the country's gas producers but does not signal the start of a west coast LNG boom, industry watchers said on Monday. Privately held Woodfibre LNG Ltd said on Friday it will start building its C$1.6 billion ($1.2 billion) project in Squamish, British Columbia, next year after its Singaporean parent company authorized the funds last week. It is the first of more than a dozen LNG projects proposed for British Columbia to get the final go-ahead…

A Type C Tank being installed.

Ethane Transport & Technology

This past summer produced an order for the world’s first very large ethane carrier (VLEC), shining the industry spotlight on a traditionally niche gas sector whose promise had grown to require a dedicated fleet of ships for intercontinental trade. Classed by ABS, the ships were ordered at Samsung Heavy Industries by India’s largest private-sector enterprise, Reliance Industries, which is aiming to capture the export opportunities presented by the shale gas boom in the United States. At the time of the order, the commodities sector had published many reports about how the U.S.

ABS to Class the First Very Large Ethane Carrier

ABS, a provider of classification services to the maritime and offshore industries, has been chosen to class the world's first contracted series of very large ethane carriers (VLECs). The class contract for the ships, which will be built in Korea by Samsung Heavy Industries (SHI) for an Asian shipowner, represents another gas ship milestone for ABS. "We are delighted to have received the class contract for the world's first large ethane carriers," says ABS Vice President of Global Gas Solutions Patrick Janssens.

Mark Guest

Gulf of Mexico Recruiters Step Up Efforts

OilCareers.com has  released statistics suggesting that staff roles offered by employers in the Gulf of Mexico have increased almost sixteenfold in the last three years. Statistics show that the margin between contract and staff positions that reflected an equal split in 2009 now reveal a shift to five times as many staff than contract roles equating to 80% of job types currently registered on OilCareers.com. This comes as part of a move towards longer term recruitment strategies to encourage experienced personnel to the area as highlighted by Pauline Redpath…