Latest news with #ALNG
Zawya
18 hours ago
- Business
- Zawya
Chevron Eyes Expanded Gas Capacity in Angola, Joins Angola Oil & Gas (AOG) 2025 as Sponsor
Energy major Chevron has joined the Angola Oil&Gas (AOG) conference and exhibition – taking place September 3-4 in Luanda – as a Champion Sponsor. With a commitment to increasing Angolan gas development and supporting LNG production, Chevron plays an instrumental part in diversifying the country's economy. Chevron's sponsorship reflects the company's long-term vision for the country as it strives to unlock deepwater oil opportunities while strengthening LNG exports. Chevron has been at the forefront of Angola's natural gas development, with projects such as the Sanha Lean Gas Connection project and the company's non-operated interest in the Angola LNG plant (ALNG) – the country's sole LNG facility. The Sanha Lean Gas Connection project achieved first gas production in December 2024, serving as a key step towards increasing feedstock for the ALNG plant. Spearheaded by Chevron's Angolan subsidiary Cabinda Gulf Oil Company (CABGOC), the project supplies natural gas from Block 0 to Soyo power plants and ALNG, with an initial capacity of 80 million standard cubic feet per day (mmscf/d). A second phase will add a further 220 mmscf/d through the commissioning of the Booster Compression module. The project seeks to increase ALNG feedstock by a total 300 mmscf/d, bringing the total amount to 600 mmscf/d. Beyond the Sanha Lean Gas Connection project, Chevron is working towards first production at Angola's first non-associated gas project. Developed by the New Gas Consortium – comprising Azule Energy as operator, CABGOC, Sonangol E&P and TotalEnergies -, the project is on track to begin operations by late-2025 or early-2026. The project features the development of the Quiluma and Maboqueiro (Q&M) shallow water gas fields, set to increase ALNG feedstock while creating diversified gas opportunities for the country. As of February 2025, the consortium completed the Q&M platforms. The Quiluma deck was loaded out and sailed away from the Ambriz Petromar Yard. The project is expected to lay the foundation for non-associated gas development in Angola, attracting new investments while boosting LNG export capacity. In the oil sector, Chevron has been expanding its presence in deepwater basins. In 2024, the company signed Risk Service Contracts (RSC) for ultra-deepwater Block 49 and Block 50, located in Angola's Lower Congo Basin. The company was awarded the blocks in January 2024, with the RSCs paving the way for seismic studies across the two blocks. Chevron's other assets in Angola include Block 0 and Block 14. The company's AOG 2025 sponsorship reflects its commitment to strengthening oil and gas production in Angola, paving the way for future collaborations and deals. Distributed by APO Group on behalf of African Energy Chamber.
Yahoo
04-06-2025
- Business
- Yahoo
Shell makes FID on Aphrodite gas project in Trinidad and Tobago
Shell Trinidad and Tobago has announced the final investment decision (FID) to commence production at the Aphrodite gas field in the East Coast Marine Area (ECMA). The move is set to enhance Shell's integrated gas business by leveraging resources in the prolific gas-producing region. Shell said: "The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour." The field's was discovered in 2022. Once operational, the Aphrodite project will serve as a back fill for the Atlantic LNG (ALNG) plant in Point Fortin. The increased production will help maximise the potential utilisation of Shell's existing assets. Shell Trinidad and Tobago country chair and senior vice-president Adam Lowmass said: "This investment is testament to our commitment to help secure the energy future of TT [Trinidad and Tobago] on several fronts.' The development of the Aphrodite field is contingent upon receiving all necessary regulatory approvals. With an anticipated start date in 2027, the field is expected to reach peak production of around 18,400 barrels of oil equivalent per day (boepd). Shell plans to implement a new single subsea tieback to the existing infrastructure within the Barracuda subsea network for the project. The company also outlined that gas from Aphrodite will supply the domestic market via the National Gas Company, while exports for the liquefied natural gas (LNG) market will be processed through the Shell-operated Beachfield gas processing facility onshore. Moreover, Shell aims to reinforce its leading position in the LNG sector, targeting a growth in sales of 4–5% per annum up to 2030. The company's LNG Outlook 2025 suggests that Aphrodite's potential is further bolstered by the expected 60% increase in LNG demand by 2040, driven by economic growth in Asia. Trinidad and Tobago Energy Minister Roodal Moonilal was quoted by Trinidad and Tobago Newsday as saying: 'We are pleased that Shell has progressed the Aphrodite project to FID. We are also pleased with the stated timeline of the project, which aims to realise first gas by 2027 at a rate of approximately 107 million cubic feet per day. "This new natural gas development project is important as it helps counter declining production from the maturing reservoirs in the Shell-operated ECMA. The ministry, in its role as regulator, will work with Shell to ensure the safe and timely completion of this project." "Shell makes FID on Aphrodite gas project in Trinidad and Tobago" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
