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Eni’s profit, LNG sales rise

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Eni) Italian energy giant Eni said Friday its third-quarter profit rose nearly fivefold year-on-year as oil and gas prices increased. Eni reported a net profit of 1.53 billion euros ($1.74 billion) compared with 344 million euros in the year-earlier period. Production was 1.8

Total’s Q3 profit surges, LNG sales decline

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Total) French energy giant and LNG player Total saw its third-quarter adjusted net profit soar on the back of increasing oil prices and higher production. “Total’s third quarter adjusted net income increased by 48 percent from last year to $4 billion, while oil

Malaysia’s Petronas calls for better LNG cooperation

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomPFLNG Satu (Image courtesy of Petronas) Malaysian energy giant Petronas has urged all stakeholders in the liquefied natural gas (LNG) industry to take concrete actions to advocate natural gas, LNG and its role in the global energy mix, as a “collective effort towards a sustainable market ecosystem.” Petronas CEO Tan

UK to receive US LNG cargo

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomPan Europe (Image courtesy of Teekay) The UK’s Dragon liquefied natural gas (LNG) terminal is scheduled to receive a cargo of the chilled fuel from the US next week. The Shell-chartered 174,000-cbm LNG carrier Pan Europe is expected to arrive at the Dragon LNG facility in the Port of Milford Haven

US LNG exports up on week to six cargoes

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomSabine Pass (Image courtesy of Cheniere) Liquefied natural gas (LNG) exports from the United States rose during the week ending October 24, according to the Energy Information Administration. Six LNG cargoes with a combined LNG-carrying capacity of 22 billion cubic feet (Bcf) departed the US in the week under review.

Fugro scores Qatargas contract

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Ras Laffan (Image courtesy of Qatargas) Dutch Fugro is providing Qatargas, the world’s largest LNG producer, with underwater inspection, geotechnical and geophysical services for its offshore operations in Qatar under a new 5-year call off contract. Utilising its purpose-built survey vessel Fugro Proteus, Fugro will undertake geophysical and environmental services

OEEC 2018: Keep exploring, keep inspiring, keep transforming

26 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Offshore Energy Exhibition & Conference 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 2019. Offshore

Spain’s Balearia building LNG-powered high-speed catamaran

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Baleària Spanish shipping company Baleària said it will add to its fleetwhat it claims to be the world’s largest and the first liquefied natural gas (LNG)-powered, high-speed catamaran. The new ferry with a length of 125 meters and a beam of 28 meters will be built at the

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