![Aruba Aims to Sign Deal with Houston-based Eagle LNG Partners](/sites/default/files/styles/hart_news_article_image_640/public/image/2021/04/aruba-aims-sign-deal-houston-based-eagle-lng-partners.jpg?itok=nAubvY8K)
Eagle LNG Partners is a privately held and operated portfolio company of The Energy & Minerals Group based in Houston. (Source: Eagle LNG Partners)
Aruba’s state-owned refining company Refineria di Aruba (RdA) plans to sign a deal with Houston-based Eagle LNG Partners to build an LNG import terminal on the site of its idled refinery as soon as next month, RdA’s director told Reuters.
The terminal would allow Eagle to supply the Dutch Caribbean island’s power company with natural gas, replacing high-sulfur fuel oil as the country’s main fuel for generation, Reynold Arends said in a recent interview at RdA’s headquarters in the town of San Nicolas at Aruba’s southeastern tip.
Aruba has been seeking new partners for the 235,000 bbl/d refinery, which has been largely idled since 2012. Last year, U.S. refiner Citgo Petroleum Corp.—a unit of Venezuelan state oil company Petroleos de Venezuela—handed control of the site back to the government after abandoning an ambitious $1.1 billion refurbishment plan.
RdA is also in talks with a consortium led by San Jose-based Quanten LLC over a $3.5 billion plan to restart the refinery itself. Quanten’s CEO, Jeff Meyers, said in a recent interview alongside Arends the group would be ready to begin demolition in August and make the refinery fully operational within three years.
Quanten specializes in electrical services for large projects. Meyers said the consortium also includes KBR Inc., energy services provider McDermott International Ltd. and technology company Cisco Systems Inc. Those three companies did not respond to requests for comment.
Gas imported by Eagle could also power the refinery, Arends said, and Eagle is considering using Aruba as a hub to export LNG elsewhere in the Caribbean region.
Eagle spokeswoman Linda Berndt said the company “continues to work with RdA and appreciates their support toward ultimate completion of the project.”
Recommended Reading
Equinor to Invest $1B in Troll West Gas Project
2024-05-27 - Equinor awarded contracts to OneSubsea and SLB in the Troll Field as part of efforts the further develop gas infrastructure offshore Norway.
TotalEnergies Reserves Hull for Development Offshore Suriname
2024-06-07 - TotalEnergies operates Block 58, with partner APA Corp., and expects to make a final investment decision in fourth quarter 2024, while initial production is slated for 2028.
Woodside’s Sangomar Project Offshore Senegal Achieves First Oil
2024-06-11 - Woodside Energy achieved first oil offshore Senegal at the Sangomar development, which is the African country’s first offshore oil project.
Oceaneering Awarded Multiple GoM Vessel Services Contracts
2024-07-02 - Oceaneering also secured two separate pricing agreements that include the use of new technologies from its integrated, customizable IMR service.
E&P Highlights: June 17, 2024
2024-06-17 - Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.