86108
Battle of Mega Gas Giants to Begin Near Australia
Battle of Mega Gas Giants to Begin Near Australia

Battle of Mega Gas Giants to Begin Near Australia

Battle of Mega Gas Giants to Begin Near Australia

Off the coast of Western Australia, a battle between mega giants is unfolding. Combatants involve the world's biggest semi-submersible platform, the longest subsea pipeline in the southern hemisphere and the largest floating facility ever built.
They are all there for the same reason: natural gas, and they're hoping to start drawing it up this month, BBC reported.
As several countries begin to move away from coal as an energy resource, this alternative fossil fuel, which produces 50% less carbon dioxide for every unit of energy generated, is increasingly in demand in the energy hungry world.
Consumption is forecast to rise to 177 trillion cubic feet or 5,012 billion cubic meters by 2040, up from 124 tcf in 2015, the US Energy Information Administration said.
That is why Shell's gigantic Prelude platform—which is 488 meters long and displaces roughly as much water as six aircraft carriers—is competing with Japanese firm Inpex for access to gas in the Browse Basin.
Although they are working on separate gas fields, those fields are connected. Shell and Inpex are essentially vying for the same resource.

Short URL : https://goo.gl/jc5H11
  1. https://goo.gl/1KXCAF
  • https://goo.gl/dqdzb3
  • https://goo.gl/49D721
  • https://goo.gl/dERv8N
  • https://goo.gl/GhWrqB

You can also read ...

Shell in Talks to Sell $2b Worth of Nigeria Assets
Royal Dutch Shell Plc is in talks to sell two Nigerian oil...
Germany Suggests India Continue Iran Oil Imports
Speaking to Indian TV, Germany voiced hope that India would...
Japan Will Face Higher Gasoline Prices After Halting Iranian Crude Purchase
Japan’s major oil distributors are considering halting oil...
Argentina to Export Natural Gas to Chile
Argentina will begin exporting natural gas to Chile from...
Egypt Hikes Gas Price by 75%
Egypt said on Saturday it was raising the price of natural gas...
Cheap Fossil Fuels Hinder Renewables Development
The key factor hindering renewable energy development in Iran...
NIDC Indigenizes  Eco-Friendly Well Test Burner
The National Iranian Drilling Company's experts have designed...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus