Page 19 - GLNG Week 45

GLNG NEWS IN BRIEF GLNG

Tellurian reports third- CEO stated: “Venture Global LNG is proud
AMERICAS Mike Sabel, executive co-chairman and
MacGregor secures quarter 2020 results to demonstrate continued execution of the
strategy we pioneered. Our factory-fabricated,
contract to supply LNG Tellurian continues to build its integrated modular liquefaction trains enable us to
global natural gas business. During the third
deliver the fastest construction schedule in
bunker barge hose handling quarter of 2020, Tellurian raised $32.8mn in the LNG industry while driving dramatic risk
reductions across the entire project. We look
net proceeds through issuances of common
cranes stock, reduced debt by $33.9mn and extended forward to the successful delivery of Calcasieu
the term loan maturity to March 2022.
Pass trains 3 through 18 and then 36 identical
MacGregor, part of Cargotec, has received an Natural gas production for the third trains for Plaquemines LNG.”
order from Fincantieri Bay Shipbuilding in quarter was approximately 4.1bn cubic feet Executive co-chairman Bob Pender added,
Wisconsin, USA to supply two fixed boom equivalent (bcfe) and remained flat with an “The completion and delivery of our first two
cranes that will handle the hoses on a new exit rate of 47 million cubic feet equivalent liquefaction modules demonstrates the first-
5,400 cubic metre liquefied natural gas (LNG) per day (mmcfed). Natural gas sales rose to class execution and collaboration inherent
bunker barge currently under construction $7.3mn for the third quarter, which was an in our long-term relationship with Baker
and an estimated delivery by the end of 2021. increase over $6.3 million in sales for the last Hughes. Despite the effects of COVID-19
The order was booked into Cargotec’s third quarter. and multiple Gulf Coast hurricanes, we will
quarter of 2020 order intake. President and CEO Meg Gentle said, now begin installing these trains ahead of the
The MacGregor Rapp HP63-13F cranes “Natural gas markets and prices have contracted schedule. This is a leap forward in
will handle the hoses that transfer LNG from recovered worldwide. Investment in new LNG infrastructure development.”
the barge to the LNG-powered vessel during drilling and infrastructure is acutely needed VENTURE GLOBAL LNG, November 10, 2020
bunkering operations. The hoses will be 63 ft. to balance the market in 2021 and beyond.
long and designed to handle 6,500 lbs. at 42 ft. Building liquefaction terminals as fully
and 1000 lbs. at 63 ft. integrated partnerships is the only way AUSTRAL ASIA
MacGregor has a long record of partners will secure the lowest cost of gas
accomplishment of delivering high-quality and be protected from the market’s inherent McDermott awarded FEED
hose handling cranes for oil tanker barges to volatility.”
Fincantieri Bay Shipbuilding, and many other TELLURIAN, November 06, 2020 contract for Ichthys gas
barge constructors in the U.S. This will be the
first pair of cranes to be delivered for an LNG Venture Global Calcasieu field development
bunkering application.
The barge is being built for Polaris New Pass announces arrival McDermott International today announced it
Energy, a subsidiary of Northstar Midstream. has been awarded a contract to provide front
The homeport will be Jacksonville, Florida, of first factory-fabricated end engineering and design (FEED) services
USA and operations will service customers for the INPEX-operated Ichthys liquefied
along the Florida coast. liquefaction trains natural gas field development.
“We are glad to select MacGregor as the The award is for a booster compression
supplier for our LNG bunker barge project’s Venture Global LNG is proud to announce the module FEED with optional engineering,
hose handling cranes. MacGregor’s support successful arrival of the first two liquefaction procurement and construction (EPC) for the
prior to order was an important part of trains at the company’s Calcasieu Pass LNG project. The booster compression module will
our design development. We are confident export facility in Cameron Parish, Louisiana. be added to the Ichthys LNG offshore central
that these cranes will meet or exceed our The delivery of the highly optimized 0.6 processing facility, located off the northwest
customer’s requirements,” says Hugh MTPA LNG trains, fabricated in factories, coast of Western Australia.
Haggerty, Project Engineer, Fincantieri Bay less than 15 months after the project’s final “This award illustrates McDermott’s
Shipbuilding. investment decision represents not only a continuing expertise in complex offshore
“We have a long-standing relationship with major project milestone but also a step-change EPCI,” said Ian Prescott, McDermott’s
Fincantieri Bay Shipbuilding, and a proven in LNG construction. Senior Vice President, Asia Pacific. “Our
reputation of delivering high-quality hose The two midscale, modular liquefaction work to date demonstrates our qualifications
handling cranes to the US barge market,” says trains and mixed refrigerant compressor to deliver smart solutions in challenging
John Carnall, Senior Vice President, Global skids were shipped to Louisiana from Baker environments—and to the highest safety and
Services Division, MacGregor. “These are the Hughes’s manufacturing facility in Avenza, technical standards.”
first hose handling cranes that MacGregor Italy more than two months ahead of the McDermott is also undertaking umbilicals,
will deliver to an LNG bunkering barge, contractual delivery date. Each train, delivered risers and flowlines (URF) as part of an
and we have tailored the specification in complete and ready to install, was successfully expansion of the existing Ichthys LNG
close cooperation with Fincantieri Bay unloaded, transported onto the Calcasieu facilities.
Shipbuilding’s engineering group to ensure Pass site and positioned on its foundations Engineering will be completed in
the exact configuration for the owner’s hose in less than a day. The first and second of the McDermott’s Asia Pacific headquarters in
handling operations.” project’s eighteen identical trains will now be Kuala Lumpur. The FEED will commence in
CARGOTEC, November 11, 2020 connected to their respective Chart brazed October 2020.
aluminum heat exchangers, or cold boxes, MCDERMOTT INTERNATIONAL, November 10,
eight of which are already installed on site. 2020

Week 45 13•November•2020 www. NEWSBASE .com P19