Natural Resources

​Global demand for reliable sources of natural gas is driving new projects and strategic partnerships in the US. Sempra Infrastructure and ConocoPhillips have announced their partnership has executed a 20-year Sale and Purchase Agreement for five million tonnes per annum of liquefied natural gas from Phase 1 of the proposed Port Arthur LNG project under…

Chevron Phillips Chemical Company LLC and QatarEnergy have announced that they are proceeding with the construction of an $8.5 billion integrated polymers facility in Orange, Texas. The project is expected to create more than 500 full-time jobs and approximately 4,500 construction jobs and generate an estimated $50 billion for the community in residual economic impacts.The…

Saipem has been awarded five new offshore drilling contracts, three in the Middle East and two in West Africa that total approximately US$800 million. The company is an advanced technological and engineering platform for the design, construction and operation of safe and sustainable infrastructures and plants. In the Middle East, two of the new contracts…

​​Aurex Group’s David Byrne in Reuters this week commenting on the LNG opportunity for natural gas supply and trading talent in the US. The article highlights Golden Pass LNG, a joint venture between Qatar Energy and Exxon Mobil. Golden Pass is targeting a 2024 start-up, with a 15.6 million tonne per year facility that will compete…