Page 15 - GLNG Week 08 2022

GLNG NEWS IN BRIEF GLNG

AFRICA they strived to get back on track following Audubon Engineering
the difficulties caused by the COVID-19
Shell executive notes pandemic,” Sawan said in a February 21 press Company awarded LNG
release.
‘progress’ on LNG project in systems and pursue net-zero emissions interconnect contract in
“As countries develop lower-carbon energy
Tanzania goals, focusing on cleaner forms of gas and Louisiana
decarbonisation measures will help LNG to
Shell has made solid progress with Tanzania’s remain a reliable and flexible energy source Audubon Engineering Company has been
government towards advancing a liquefied for decades to come,” he said. awarded a contract to provide engineering
natural gas (LNG) project to tap the country’s and construction management services for a
huge gas resources, a Shell executive said on major greenfield liquefied natural gas (LNG)
Monday (February 18), Reuters reports. interconnect on the Louisiana Gulf Coast.
“We have seen some real quick progress AMERICAS Regulated by the Federal Energy Regulatory
over the last year compared to what had been Commission (FERC), this pipeline project will
much slower progress before,” Shell’s head of Teekay LNG announces move between 1.5 and 2.0 Bcf per day of gas
integrated gas and renewables, Wael Sawan, to serve as the main supply of an LNG export
was quoted as saying. corporate changes and facility.
“We continue to be hopeful that we can Audubon, a global leader in the design,
take this project all the way through to FID rebranding to Seapeak construction, and delivery of LNG production
(final investment decision),” he said. solutions, successfully completed the front-
Sawan told reporters that some fiscal Seapeak (formerly known as Teekay end engineering in 2021. Under this new
disputes “have now been resolved”, paving the LNG Partners) announces the following contract, Audubon will provide detailed
way for the development of Tanzania’s vast organisational updates. engineering and design of a transmission
offshore gas resources after years of delays in Effective on February 25, 2022, Teekay pipeline and associated infrastructure to
government licensing agreements. LNG Partners (TGP) has converted from a provide gas for a major LNG facility.
Shell operates Block 1 and Block 4 off limited partnership formed under the laws Backed by our integrated offshore and
Tanzania, which hold 16 trillion cubic feet of the Republic of the Marshall Islands into a pipeline teams, Audubon is leading the
(453bn cubic metres) in estimated recoverable limited liability company formed under the project from our Louisiana and Texas offices
gas. It aims to develop an LNG project laws of the Republic of the Marshall Islands. in collaboration with FERC, a major LNG
together with Norway’s Equinor, which also Under Marshall Islands law, the conversion is export company, and a major interstate gas
operates Block 2, which holds more than 20 deemed to be a continuation of the existence transmission company.
tcf (566 bcm) of gas and in which ExxonMobil of TGP (in its prior partnership form), but Dave Beck, managing partner at Audubon
also has a stake. now in the form of a Marshall Islands limited Engineering Company, said: “We look
According to Shell’s latest annual LNG liability company. Accordingly, all of the rights forward to bringing our project execution
Outlook, the global trade in LNG increased and liabilities of TGP (in its prior partnership capabilities and extensive LNG track record to
6% to 380mn tonnes during 2021 as many form) are automatically vested in Seapeak. this project. LNG is an important component
countries rebounded from the economic Concurrent with the conversion, effective of our energy transition strategy, and we are
impact of the coronavirus (COVID-19) on February 25, 2022, TGP has changed its proud to leverage our expertise to support the
pandemic. name from “Teekay LNG Partners LP” to operation.”
“Last year showed just how crucial gas “Seapeak LLC”. AUDUBON ENGINEERING COMPANY, February
and LNG are in providing communities SEAPEAK, February 25, 2022 23, 2022
around the world with energy they need as
Tellurian reports 2021

results

Tellurian ended 2021 with over $300mn in
liquidity and over $360mn in standardised
measure of discounted future net cash flows
of proved natural gas reserves. Tellurian also
continued advancing the Driftwood LNG
project in 2021 with the following significant
accomplishments:
Completed Driftwood LNG phase
one liquefied natural gas (LNG) sales and
purchase agreements (SPAs) totaling ninemn
tonnes per annum (mtpa);
Executed long-term ground lease
agreement with the Lake Charles Harbor
and Terminal district and began owner
construction projects;

Week 08 25•February•2022 www. NEWSBASE .com P15