Jan 11, 2018

Anadarko Petroleum may be suppling China with LNG

China
U.S.
Sophie Chapman
2 min
LNG could be supplied to China by Anadarko Petroleum Corp.
The Texas-based oil and gas company, Anadarko Petroleum Corporation, is in talks with China about delivering liquefied natural gas (LNG) to t...

The Texas-based oil and gas company, Anadarko Petroleum Corporation, is in talks with China about delivering liquefied natural gas (LNG) to the nation.

The LNG would use the company’s supply from it’s Mozambique LNG Project, from which Anadarko has discovered approximately 75trn cubic feet of recoverable natural gas resources.

"Mozambique's favorable central geographic location means the country is well positioned to meet the needs of customers in the Atlantic market and Asia-Pacific markets, in particular tapping into the growing demand for energy in China," Anadarko stated.

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Anadarko are discussing with “a variety of Chinese counterparts including national oil companies and emerging independent LNG buyers,” Anadarko said. Increasing consumption makes China “a long-term strategic market for the Anadarko-led Mozambique LNG project”, according to Bloomberg.

Due to the high demand of LNG in China, it is anticipated that the country could encourage investments in exporting the gas from East Africa.

The price of LNG was sustained by China’s rise of imports of almost 50% in the first 10 month of last year.

The nation reached the title of third largest buyer last year, following Japan and South Korea.

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May 6, 2021

Global Offshore rebrands Enelift and invests in global hubs

Tubulars
rebrand
Globalhubs
Dominic Ellis
2 min
Enelift plans to augment existing solutions with robotics and remote operational and training technology

Global Offshore has rebranded Enelift and will invest "a seven-figure sum" in establishing new support hubs in Houston, Dubai, Singapore, Perth and the Caspian during the next six months.

The investment will cover oil, gas and renewables, mainly concentrating on manufacturing capability with associated R&D, as well as in stock held in the hubs.

The company’s flagship Hinge Lok technology provides aluminium, non-welded light weight transportation cradle for casing and tubing. Enelift now plans to enhance its offering by augmenting its existing solutions with robotics and remote operational and training technology, which will reduce manpower for handling offshore equipment that is transported and stored using the Hinge Lok system.

Enelift is partnering with "a Japanese robotics company" and the technology will be trialed with "a Norwegian operator on a Norwegian drilling rig", according to a statement.

Operating from its bases in Aberdeen, UK and Esbjerg, Enelift was founded by 35-year industry veteran and Managing Director Paul Brebner 10 years ago to offer the offshore energy industries safe, reliable and efficient storage and transportation of equipment.

The expansion plans are bolstered by the appointment of Jim Clark of the Craigendarroch Group to Chairman, and Adam Maitland to Non-Executive Director. Maitland is the Managing Director of Hutcheon Mearns IF, and brings his wealth of expertise in the field of corporate finance.

Brebner said Enelift may be a new name in the market, but the experience it brings is "industry renowned".

"Our solutions are underpinned by safety that enables inefficiencies and their associated costs to be eradicated – meaning operational personnel can focus doing what they do best, safely. We remain committed to providing the safest storage and transportation solutions for equipment in the sector as we grow our global operations," he said.

Clark said the market is changing and its solutions fully support customers’ economic and safety aspirations.

"We are very well placed to take full advantage of increasing opportunities in the Middle East, Africa, Far East and Americas. Safety is our absolute commitment to our customers and our support hubs will facilitate this. Aligning our identity to our entire offering ensures that we will drive our expansion through new products and global support sites across the rest of this year."

 

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