* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, May 20, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    First Celebrities Playing in the 2025 American Century Championship Announced – El Paso Inc.

    Exciting Lineup Revealed: First Celebrities Set to Compete in the 2025 American Century Championship!

    Palm Beach Council approves Breakers plans for new Family Entertainment Center – Palm Beach Daily News

    Palm Beach Council Greenlights Exciting New Family Entertainment Center at The Breakers!

    Why Was Kanye West’s South Korea Tour Cancelled? – Yahoo

    Unraveling the Mystery: Why Kanye West’s South Korea Tour Was Canceled

    Entertainment Spotlight: ‘Georgie & Mandy’s First Marriage’ – Atlanta News First

    ‘Final Destination: Bloodlines’ tops box office while The Weeknd’s movie falters – Yakima Herald-Republic

    Final Destination: Bloodlines Dominates the Box Office as The Weeknd’s Film Struggles

    Country Music Legend Bids Heartfelt Farewell: ‘Y’all Gonna Make Me Tear Up!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology adapting the study of Anatomy | Why’s Guy’s – WCIA.com

    Revolutionizing Anatomy: How Cutting-Edge Technology is Transforming the Study of the Human Body

    We Think GigaCloud Technology’s (NASDAQ:GCT) Solid Earnings Are Understated – Yahoo Finance

    Unlocking Potential: Why GigaCloud Technology’s Impressive Earnings Deserve More Recognition

    JPMorgan Chase plans to spend $18B in technology in 2025 (JPM:NYSE) – Seeking Alpha

    JPMorgan Chase Unveils Ambitious $18 Billion Tech Investment Plan for 2025!

    Nvidia plans to sell tech to speed AI chip communication – The Indian Express

    Nvidia Unveils Game-Changing Technology to Accelerate AI Chip Communication!

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    How will BCI technology change the lives of people with disabilities? – news.cgtn.com

    Transforming Lives: The Impact of BCI Technology on People with Disabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    First Celebrities Playing in the 2025 American Century Championship Announced – El Paso Inc.

    Exciting Lineup Revealed: First Celebrities Set to Compete in the 2025 American Century Championship!

    Palm Beach Council approves Breakers plans for new Family Entertainment Center – Palm Beach Daily News

    Palm Beach Council Greenlights Exciting New Family Entertainment Center at The Breakers!

    Why Was Kanye West’s South Korea Tour Cancelled? – Yahoo

    Unraveling the Mystery: Why Kanye West’s South Korea Tour Was Canceled

    Entertainment Spotlight: ‘Georgie & Mandy’s First Marriage’ – Atlanta News First

    ‘Final Destination: Bloodlines’ tops box office while The Weeknd’s movie falters – Yakima Herald-Republic

    Final Destination: Bloodlines Dominates the Box Office as The Weeknd’s Film Struggles

    Country Music Legend Bids Heartfelt Farewell: ‘Y’all Gonna Make Me Tear Up!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology adapting the study of Anatomy | Why’s Guy’s – WCIA.com

    Revolutionizing Anatomy: How Cutting-Edge Technology is Transforming the Study of the Human Body

    We Think GigaCloud Technology’s (NASDAQ:GCT) Solid Earnings Are Understated – Yahoo Finance

    Unlocking Potential: Why GigaCloud Technology’s Impressive Earnings Deserve More Recognition

    JPMorgan Chase plans to spend $18B in technology in 2025 (JPM:NYSE) – Seeking Alpha

    JPMorgan Chase Unveils Ambitious $18 Billion Tech Investment Plan for 2025!

    Nvidia plans to sell tech to speed AI chip communication – The Indian Express

    Nvidia Unveils Game-Changing Technology to Accelerate AI Chip Communication!

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    How will BCI technology change the lives of people with disabilities? – news.cgtn.com

    Transforming Lives: The Impact of BCI Technology on People with Disabilities

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

US in prime position to be the driving force behind Africa’s LNG and FLNG boom

March 2, 2024
in News
US in prime position to be the driving force behind Africa’s LNG and FLNG boom
Share on FacebookShare on Twitter

Home Fossil Energy US in prime position to be the driving force behind Africa’s LNG and FLNG boom

The United States (U.S.) is poised to take the lead on the expansion of liquefied natural gas (LNG) and floating liquefied natural gas (FLNG) projects in Africa, which is set to spearhead the floating LNG market growth between now and 2027. As a result, U.S. operators and contractors can seize the opportunity to play a main role in realizing new capacity, alongside onshore developments.

Congo LNG project’s FLNG Tango; Source: Eni

Organized by Energy Capital & Power, the upcoming Invest in African Energy (IAE) forum, which is taking place in Paris on May 14-15, is expected to showcase trade, partnership, and investment opportunities available to U.S. companies across Africa’s energy supply chain. Bringing together projects from all four corners of the continent to the global investment stage, the event aims to establish regional African gas markets and capitalize on rising U.S. interest in African energy.

As the continent seeks to develop its gas for domestic and export markets, the U.S. is well positioned to hone in on LNG as a crucial investment avenue, alongside traditional oil exploration. Wood Mackenzie pointed out in October 2023 that Africa’s $800-billion, 20-year upstream capital expenditure program would result in world-class LNG projects in Mozambique and floating LNG in five countries, presenting substantial gas-driven opportunities for U.S. investors, operators, project developers, and service providers.

Even though American companies are said to already be at the helm of Africa’s burgeoning LNG industry, Energy Capital & Power sees room for further growth, particularly in FLNG, which offers increased flexibility, reduced time to market, and suitability for smaller gas volumes. Westwood Global Energy’s research shows the global FLNG market is set to see $35 billion in new investment by 2027, totaling 18.3 million tons per annum (mtpa) of additional capacity.

With Africa dominating short-term investments, the increase in capacity is anticipated to generate an associated engineering, procurement, and construction (EPC) contract value of $13 billion. An additional 36.5 mtpa of capacity is expected to come on stream after 2027, with an EPC value of $22 billion. The projects and companies driving these capacity boosts are slated to be at the IAE forum, along with new projects in the pipeline.

Moreover, U.S. operators and contractors are at the helm of Equatorial Guinea’s flagship Gas Mega Hub (GMH), which seeks to monetize all stranded gas fields in the Gulf of Guinea to facilitate an intra-African LNG trade. After achieving the first gas from the project’s initial phase, Chevron’s Noble Energy E.G. signed a heads of agreement with Marathon Oil and the government of Equatorial Guinea last March to develop phases two and three.

According to Energy Capital & Power, the GMH project could also pave the way for the construction of West Africa’s first LNG storage and regasification plant, the Akonikien LNG Terminal, proposed in 2019 to be built by an American manufacturer, Corban Energy Group.

Furthermore, Mozambique is perceived to represent another strategic market for U.S. gas investments, having passed $1 billion in LNG exports last November. America’s heavyweight ExxonMobil is currently leading the development of the $23-billion Rovuma LNG project and anticipates a final investment decision in 2025, utilizing a retooled, phased construction approach.

With a planned capacity of 18 million tons per year, the project is expected to deliver not only reliable, affordable energy to local customers but also exports to global markets. In South Africa, ExxonMobil is studying the commercial and technical feasibility of an LNG regasification terminal to bring low-cost, reliable fuel to the country.

These types of projects have the potential to enable U.S. participation in boosting Africa’s gas transport, storage, and regasification capabilities, as well as erecting power stations and associated infrastructure. Multiple LNG projects are on Africa’s horizon, including BP’s Greater Tortue Ahmeyim (GTA) LNG in Senegal and Mauritania, Perenco’s Cap Lopez LNG Terminal in Gabon, Eni’s Congo LNG in the Republic of Congo, and UTM Offshore’s first indigenous FLNG in Nigeria.

Therefore, Energy Capital & Power is convinced that the U.S. needs to cement its market leadership in Africa’s onshore and offshore gas industry, since LNG, which has been dubbed the fuel of the future, is set to play a significant role in the African and global energy mix for the foreseeable future.

The dust over the Biden administration’s decision to usher in a U.S. LNG permitting freeze has not settled yet, as reactions range spans from positive and negative views to all shades in between.

long read

Posted: 11 days ago

Bearing this in mind, Offshore Energy recently had an interview with two Bureau Veritas representatives, about the current and future energy landscape trends, hopes, challenges, and predictions for the offshore energy industry both in the U.S. and throughout the world.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OffshoreEnergy – https://www.offshore-energy.biz/us-in-prime-position-to-be-the-driving-force-behind-africas-lng-and-flng-boom/

Tags: newspositionPrime
Previous Post

What ANC is doing about its BIG 2025 Basic Income Grant promise

Next Post

Update: Flights cleared for takeoff after suspension due to tragic helicopter crash

Where to Bring Your Own Cup – Department of Ecology – State of Washington (.gov)

Discover the Best Spots to Bring Your Own Cup!

May 20, 2025
Scientists think a hidden source of clean energy could power Earth for 170,000 years — and they’ve figured out the ‘recipe’ to find it – Live Science

Unlocking the Future: Scientists Discover a Hidden Clean Energy Source That Could Power Earth for 170,000 Years!

May 20, 2025
Scientists Recreated The Ancient Chemical Reactions That May Have Sparked Life – ScienceAlert

Unlocking the Secrets of Life: Scientists Recreate Ancient Chemical Reactions That Could Have Sparked Existence

May 20, 2025
Help! The New Neighbors Follow a Strange … Lifestyle. They’re Holding Our Block Hostage. – Slate Magazine

Help! Our New Neighbors Are Taking Over the Block with Their Bizarre Lifestyle!

May 20, 2025
How Trump took over the world’s glitziest film festival – politico.eu

How Trump took over the world’s glitziest film festival – politico.eu

May 20, 2025
Credit rating downgrade triggers warning signs for U.S. economy – PBS

Credit Rating Downgrade Raises Red Flags for the U.S. Economy

May 20, 2025
First Celebrities Playing in the 2025 American Century Championship Announced – El Paso Inc.

Exciting Lineup Revealed: First Celebrities Set to Compete in the 2025 American Century Championship!

May 20, 2025

Breaking: Butler Hospital Cuts Health Benefits for Striking Employees

May 20, 2025
Watch Trump’s first major overseas trip of his second term in 3 minutes – CNN

Experience Trump’s First Major Overseas Adventure of His Second Term in Just 3 Minutes!

May 20, 2025
New technology adapting the study of Anatomy | Why’s Guy’s – WCIA.com

Revolutionizing Anatomy: How Cutting-Edge Technology is Transforming the Study of the Human Body

May 20, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (623)
  • Economy (636)
  • Entertainment (21,550)
  • General (15,223)
  • Health (9,678)
  • Lifestyle (641)
  • News (22,149)
  • People (639)
  • Politics (644)
  • Science (15,860)
  • Sports (21,146)
  • Technology (15,627)
  • World (626)

Recent News

Where to Bring Your Own Cup – Department of Ecology – State of Washington (.gov)

Discover the Best Spots to Bring Your Own Cup!

May 20, 2025
Scientists think a hidden source of clean energy could power Earth for 170,000 years — and they’ve figured out the ‘recipe’ to find it – Live Science

Unlocking the Future: Scientists Discover a Hidden Clean Energy Source That Could Power Earth for 170,000 Years!

May 20, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version