Energy Sector Thread - Operators, Engineers, Technicians Et Al

[zoom rader]

https://trinidadexpress.com/business/local/govt-atlantic-lng-announce-milestone-energy-agreement/article_ec0c4648-7e3e-11ec-97e1-07f3c8f28c23.html

What a load of bullchit.

The plant will be sold to China, read between the lines.

Another con Job

Trinidad take bull

[Cantmis]

Does restructuring equate to loss of jobs ?

[triniboi49]

It depends on what is the final word on Train 1 which is essentially down and what restructuring means - which in this case is changing the ownership model for the trains I think. The ownership in each train is divided differently amongst the owners.

[De Dragon]

It depends on what is the final word on Train 1 which is essentially down and what restructuring means - which in this case is changing the ownership model for the trains I think. The ownership in each train is divided differently amongst the owners.

Doesn't matter. The suppliers have said in no uncertain terms, and have been saying it since 2019, that there is "not a molecule of gas" for Train 1. Everyone with a functioning brain knows what this means, well except JUHN Scarfy, Goebbels Young, Enill, Loquan, and of coyrse our resident all things LFD RFD PNM apologist Red Colostomy Bag, since they deemed pumping 500M into Train ! at the time was wise, and now, "small ting"

[rayrayray]

https://www.linkedin.com/jobs/view/2905515944

Good morning gentlemen. Please see existing vacancy.

[rayrayray]

A second vacancy.
https://www.linkedin.com/jobs/view/2898196375

Good luck to potential candidates.

[FuadAdnan]

https://trinidadexpress.com/business/local/govt-atlantic-lng-announce-milestone-energy-agreement/article_ec0c4648-7e3e-11ec-97e1-07f3c8f28c23.html

What a load of bullchit.

The plant will be sold to China, read between the lines.

Another con Job

Trinidad take bull

People in this country like it so.

[Cantmis]

https://tt.loopnews.com/content/tphl-di ... fix-issues

[The_Honourable]

NGC Shakeup: Govt gets rid of two directors at NGC

In a shake-up of the board of directors of the National Gas Company Ltd (NGC), the Cabinet last week decided not to renew the contract of Sean Balkissoon one of only two directors who voted against the ill-fated NGC attempt to save Atlantic LNG Train 1 and Kenneth Allum who raised issue with it but eventually voted for the deal.

Allum, sources say, is also someone who often challenged NGC president Mark Loquan at board meetings and it appears this has not gone down well with the government.

More: https://www.guardian.co.tt/business/ngc ... 566d9444d2

[snatman]

How things running at PPGPL? Any hiccups?

NGC Shakeup: Govt gets rid of two directors at NGC

In a shake-up of the board of directors of the National Gas Company Ltd (NGC), the Cabinet last week decided not to renew the contract of Sean Balkissoon one of only two directors who voted against the ill-fated NGC attempt to save Atlantic LNG Train 1 and Kenneth Allum who raised issue with it but eventually voted for the deal.

Allum, sources say, is also someone who often challenged NGC president Mark Loquan at board meetings and it appears this has not gone down well with the government.

More: https://www.guardian.co.tt/business/ngc ... 566d9444d2

[The_Honourable]

BHP finds gas in all appraisal wells at Calypso development



Curtis Williams

Good news from BHP Biliton, as the company is reporting that all of its appraisal wells in its Calypso development, north of Tobago, have encountered hydrocarbons.

In its operational review for 2021 the company said, “In Trinidad and Tobago, the Calypso appraisal drilling programme concluded on December 20, 2021. All wells encountered hydrocarbons.”

It also had further encouraging news saying two of the wells actually encountered zones not before seen.

The report read, “Bongos-3 confirmed volumes downdip of prior penetrations and Bongos-4 established volumes in a new segment. The well results are currently under evaluation and will be incorporated into the development plan.”

Last year the company’s Country Manager for T&T, Michael Stone told Guardian Media that the appraisal activity in Calypso would help determine the actual size of the discovery it made in its Northern License.

Stone said, “We have announced publicly a 3.5 tcf discovered resource, but beginning in the middle of this calender year, hopefully June or July, we are going to have an appraisal programme, subject to the rig becoming available to us, that is what the timing is dependent on, it is that appraisal programme Curtis, that is going to help us do that very delineation.”

He added, “So we would expect on the back end of that delineation programme, towards the end of the calender year, we will be in a position to be clearer on the resource size and of course there will always be a range and we are hoping if successful to add to the 3.5 discovered resource that we have announced publicly.”

Stone said the plan remained to have some of the natural gas sold into Atlantic LNG and then exported to global markets. He explained that due to the complexity and cost of deep-water drilling and production, it made sense to produce part of it for LNG.

“A resource of this size and scale and in addition a deep water resource, I mean a deep water resource, of course carries a different cost structure just by nature of the deeper wells and complex infrastructure required to bring it to shore, yes LNG is going to be an important component of the Calypso development. It is going to be necessary for some component of that gas to make it into the international market to attract and international indexed price, so yes LNG is an important part of the Calypso development.” Stone explained.

He said the company was hoping that the blocks that were adjacent to the Calypso field, but were in Barbados waters, woild also prove to be successful.

BHP also in its review noted that crude oil prices have recovered to above US$70 per barrel as 2022 opens.

“We believe further gains from here are possible given our constructive view of demand tailwinds. However, future developments in price are also expected to rely in large part on the rate at which currently curtailed supply returns, which is highly uncertain. Looking beyond this phase, our bottom-up analysis of demand, allied to systematic field decline rates, points to a long run structural supply-demand gap. Considerable investment in conventional oil is going to be required to fill that gap and maintain market balance. If that investment is not forthcoming in a timely way, the possibility of oil prices increasing aggressively cannot be ruled out,” the company noted.

In terms of LNG, BHP said the Japan-Korea Marker price for LNG was extraordinarily volatile across the 2021 financial year. The market balance it said shifted from heavily over-supplied to extremely tight going into the Northern hemisphere winter. Since that time, prices have remained elevated relative to seasonal norms, with robust demand combined with ongoing supply outages.

“Longer term, we believe the commodity offers a combination of systematic base decline and an attractive demand trajectory. Within global gas, LNG is expected to gain share due to indigenous supply depletion and/or competitiveness vis-a-vis pipeline imports in some regions. Against this backdrop, assets advantaged by their proximity to existing infrastructure or customers, or both, in addition to competitive emissions intensities, are expected to be attractive,” BHP ended.

Source: https://www.guardian.co.tt/business/bhp ... 2a3780b835

[Cantmis]

https://newsday.co.tt/2022/03/29/michae ... y-manager/

[sMASH]

https://www.tv6tnt.com/news/7pmnews/ppgpl-buys-facility-in-u-s-for-us-32-m/article_ac77f884-c514-11ec-86e3-cf9ce6e94f51.html?utm_campaign=blox&utm_source=facebook&utm_medium=social


PPGPL buys an offloading facility in America.
Is either the miscalculate how much America still needs fossil fuels and in the near future and made a bad deal for our country, or they made a good projection, and fossil will be in demand for a long time so sellers will keep earning and maintain their finances.

Hopefully, and I say this knowing that these are the same morons who sank quarter of a billion dollars into Train 1 , that it is a hub that was already being used by some oil major to export LNG.

i now remember sumting.
atlantic and govt decided to unitize the trains. so that means they selling the product as a block.
the way for ppgpl to sell gas abroad is IN LNG form.

so, it look like the lng shareholders wanted to expand, hit cornrad a sweet talk, 'we goh untize and u goh get money' and chain him up to let ppgpl foot the bill for the off loading facility to expand operations in muricah.
the lng MOSTLY goes muricah any ways. so this is to get moar up there.

so, any new find they get, it will go to shipping away, and not used locally.

[Cantmis]

https://www.tv6tnt.com/news/7pmnews/ppgpl-buys-facility-in-u-s-for-us-32-m/article_ac77f884-c514-11ec-86e3-cf9ce6e94f51.html?utm_campaign=blox&utm_source=facebook&utm_medium=social


PPGPL buys an offloading facility in America.
Is either the miscalculate how much America still needs fossil fuels and in the near future and made a bad deal for our country, or they made a good projection, and fossil will be in demand for a long time so sellers will keep earning and maintain their finances.

Hopefully, and I say this knowing that these are the same morons who sank quarter of a billion dollars into Train 1 , that it is a hub that was already being used by some oil major to export LNG.

i now remember sumting.
atlantic and govt decided to unitize the trains. so that means they selling the product as a block.
the way for ppgpl to sell gas abroad is IN LNG form.

so, it look like the lng shareholders wanted to expand, hit cornrad a sweet talk, 'we goh untize and u goh get money' and chain him up to let ppgpl foot the bill for the off loading facility to expand operations in muricah.
the lng MOSTLY goes muricah any ways. so this is to get moar up there.

so, any new find they get, it will go to shipping away, and not used locally.

Trinidad lng does not go usa.

[sMASH]

That's the last I remember, if things, change well ok.


So this move is to get back into us markets?

[sMASH]

goebbels young on richard quest.

said a whole lot of nothing and didnt even answer the man questions. i have no idea how he is ramping up production, and know for a fact WE CANT RAMP UP PRODUCTION

[De Dragon]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

[Cantmis]

https://www.guardian.co.tt/business/dee ... aef0bd22eb

[De Dragon]

https://www.guardian.co.tt/business/deep-water-disappointment-as-only-4-of-17-blocks-picked-up-6.2.1501318.aef0bd22eb

That's what happens when you sit with your thumb firmly in your arse for 7 1/2 years.
More failure from JUHN Scarfy ,Goebbels and the LFD RFD PNM.
* awaits Red Colos or some other LFD RFD PNM moron to run in and say I unpatriotic*

[hover11]

We keep depending on oil and gas yet preach about diversification. Too late shall be the cry, when it reality hits, then things will really get hard , we ain see nothing yet things still nice trinis for now.

https://www.guardian.co.tt/business/deep-water-disappointment-as-only-4-of-17-blocks-picked-up-6.2.1501318.aef0bd22eb

That's what happens when you sit with your thumb firmly in your arse for 7 1/2 years.
More failure from JUHN Scarfy ,Goebbels and the LFD RFD PNM.
* awaits Red Colos or some other LFD RFD PNM moron to run in and say I unpatriotic*

[nervewrecker]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

I may have missed it.

Zandolie start producing anything yet?

I see they at least making efforts to be self sufficient by ensuring their own gas supply and won the award for best decarbonization project.

We still dependant on oil and gas while martime fuel shifting towards methanol as a green source.

[sMASH]

man seeing steam comin from petrotrin. like they gt with all the explosions
https://www.facebook.com/706877842/vide ... 6431304602

[De Dragon]

We keep depending on oil and gas yet preach about diversification. Too late shall be the cry, when it reality hits, then things will really get hard , we ain see nothing yet things still nice trinis for now.

https://www.guardian.co.tt/business/deep-water-disappointment-as-only-4-of-17-blocks-picked-up-6.2.1501318.aef0bd22eb

That's what happens when you sit with your thumb firmly in your arse for 7 1/2 years.
More failure from JUHN Scarfy ,Goebbels and the LFD RFD PNM.
* awaits Red Colos or some other LFD RFD PNM moron to run in and say I unpatriotic*

Even Saudi Arabia, Qatar with some of the largest oil/gas reserves in the world on a major diversification effort years now. Our Head morons JUHN Scarfy's response? "diversify into what" and "diversification is an annoying word"

[sMASH]

They doing blue hydrogen project in tringen.
But no talk about what they going to do with the waste co2.
Unless they plan on creating more methanol plants.... With downstreams

[nervewrecker]

They doing blue hydrogen project in tringen.
But no talk about what they going to do with the waste co2.
Unless they plan on creating more methanol plants.... With downstreams

Sell as refrigerant maybe?

Methanol picking up as fuel for marine transport vessels. So demand increasing.

I think maersk sign with proman for supply of fuel for 12 ships or supply and development I think. It's late and the brain tired.

But the issue still is gas supply for meth.

Doesn't look like DMFC will pick up with Toyotas announcement of nuclear diamond cells. But it's an alternative to ICE for regeneration. And never say never.

edit:

saw this

https://www.maersk.com/~/media_sc9/maer ... F6B777B3C5

container ship have to go back where they come from so they may as not go back empty

[Cantmis]

Electrolysis

[De Dragon]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

I may have missed it.

Zandolie start producing anything yet?

I see they at least making efforts to be self sufficient by ensuring their own gas supply and won the award for best decarbonization project.

We still dependant on oil and gas while martime fuel shifting towards methanol as a green source.

Yet we have morons in charge of energy who let methanol plants idle because of gas price and availability.

[teems1]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

I may have missed it.

Zandolie start producing anything yet?

I see they at least making efforts to be self sufficient by ensuring their own gas supply and won the award for best decarbonization project.

We still dependant on oil and gas while martime fuel shifting towards methanol as a green source.

Isn't methanol mostly formed from natural gas?

[De Dragon]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

I may have missed it.

Zandolie start producing anything yet?

I see they at least making efforts to be self sufficient by ensuring their own gas supply and won the award for best decarbonization project.

We still dependant on oil and gas while martime fuel shifting towards methanol as a green source.

Isn't methanol mostly formed from natural gas?

Yes, but the world isn't going to shift away from natural gas and oil anytime soon. The problem is in addition to the cleaner, now desirable methanol produced, there are additional benefits via taxes, port fees, employment, sales etc that we are forgoing by not having gas available and competitively priced.. Also, some methanol plants use CO2 as feedstock to increase productivity, so there is additional benefit there as well.

[nervewrecker]

We can't even supply ourselves with gas, yet this moron talking about ramping up production for Europe?

I may have missed it.

Zandolie start producing anything yet?

I see they at least making efforts to be self sufficient by ensuring their own gas supply and won the award for best decarbonization project.

We still dependant on oil and gas while martime fuel shifting towards methanol as a green source.

Isn't methanol mostly formed from natural gas?

As said above electrolysis is an option.

And we have extra capacity from tgu that was originally built for the smelter which never happened.

Desalcott in primary location for things to happen but demands.

There are package desalination / reverse osmosis plants available that can forgoe strain on desal infrastructure.

And we may have extra extra CO2 now.