Study: Upstream project delivery improving

Execution of upstream oil and gas projects is improving, says a new study by Wood Mackenzie. Midsize to large projects in growing numbers have been delivered on target during the past 12 months.

Yamal LNG Train 2 ships first cargo

The first shipment of LNG from Yamal LNG’s Train 2 in northern Russia has been loaded for shipment. Train 2 adds 5.5 million tonnes/year, doubling the plant’s capacity. A third 5.5 million-tpy train is expected…

Inpex starts gas production from Ichthys field

The Inpex Corp.-led consortium at Ichthys gas-condensate field in the Browse basin 220 km offshore Western Australia has started natural gas production from its subsea wells to the massive 120,000-tonne Ichthys Explorer production platform.

Woodside exits Port Arthur LNG development

Woodside Petroleum Ltd., Perth, has exited the Sempla Energy-led Port Arthur LNG gas export development project in Texas. Woodside joined the project 3 years ago but is now citing lower-than-expected returns than would justify the…