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McDermott bags Vaca Muerta LNG gig from YPF

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of McDermott LNG contractor McDermott International has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a liquefaction facility, at the Vaca Muerta Shale field in Argentina. Under the contract, described as ‘sizeable’, a term McDermott tags on deals worth up to

Wärtsilä’s order intake slips

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Wärtsilä) The Finnish technology group Wärtsilä reported an 11 percent drop in order intake for during the second quarter of the year.  Wärtsilä’s second quarter order intake totaled €1.37 billion ($1.55 billion) down from €1.55 billion in the corresponding quarter last year. Wärtsilä

Port of Riga begins servicing LNG-powered container vessels

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Containerships Polar; Image source of Containerships The Port of Riga has started regular port services to LNG-powered container vessels following the arrival of the new Containerships Polar containership. The first two fully LNG-powered vessels Containerships Polar and Containerships Nord, owned by the CMA CGM Group, will arrive at the Port

First LNG freight swap arranged by Affinity

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Höegh LNG) Independent shipbroker Affinity (Shipping) said it has facilitated the first LNG freight swap settled against the Baltic Exchange LNG spot assessments. The trades involving Total Gas & Power and Glencore were arranged over-the-counter by Affinity Financial Products and executed bilaterally by the

U.S. LNG exports slip on week

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere Liquefied natural gas exports from the U.S. decreased over the last week, according to data from the Energy Information Administration (EIA). EIA stated in its weekly report that nine LNG vessels, five from Sabine Pass, three from Corpus Christi, and one from Cove Point departed from

Venture Global secures Calcasieu Pass LNG funds

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Venture Global LNG U.S. LNG export project developer Venture Global LNG said that the company’s $5.8 billion Calcasieu Pass LNG construction financing has received over $10 billion in binding commitments. The transaction is nearly two times oversubscribed, prior to retail syndication, Venture Global said in a statement.

Kinder Morgan’s Gulf LNG granted FERC construction permit

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Kinder Morgan The United States Federal Energy Regulatory Commission granted approval to Gulf LNG, a Kinder Morgan unit, to site, construct and operate its proposed project in Jackson County, Mississippi.  Gulf LNG liquefaction project would be constructed and operated by Gulf Liquefaction and integrated with the existing

Japan’s LNG imports drop continues

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Tepco Japanese imports of liquefied natural gas (LNG) slipped 8.2 percent during the first six months of the year as monthly imports slipped again in June. During the first half of the year, Japan imported a total of 38.6 million tons of LNG, down from 42.1 million

Norway’s PSA orders Equinor to review Hammerfest LNG safety management

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Equinor The Petroleum Safety Authority Norway (PSA) has ordered the compatriot energy company Equinor to review its own management of safety at the Hammerfest LNG plant on Melkøya Island. PSA launched an investigation of an incident at the facility in March since the facility “has been operated

Three consortia running for Cyprus LNG terminal construction

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Höegh LNG) The Natural Gas Public Company of Cyprus (DEFA) has received proposals for the construction of an LNG import terminal in Vasilikos Bay, near Limassol. DEFA said that this completes the first step of the tender procedure, with three international consortia emerging as

VINCI Construction scoops deal to build LNG tank in Canada

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of VINCI Construction) UK construction company VINCI Construction has been awarded a contract to build an LNG tank in Canada. A joint venture between Entrepose Contracting and VINCI Construction Grands Projets, both unit of VINCI Construction, were awarded a major contract worth $306 million. The

Record production boosts Santos H1 revenue

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Santos Australian LNG player Santos, the operator of the GLNG project posted new record production figures and a rise in sales volumes during the first half of the year.  The company reported production of 37 mmboe in the first six months of 2019, a record for the

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