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Rolls-Royce engines to power Havila Kystruten’s LNG ferries

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Havyard Rolls-Royce said Thursday it won a contract to provide power and propulsion for four Havila Kystruten’s liquefied natural gas (LNG)-fueled Ro-Pax vessels. From January 2021, Havila Kystruten will operate these four ships of Havyard 923 design on the coastal route between the cities of Bergen in

Italy’s OLT Offshore picks LNG cargo tender winner

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of OLT Offshore LNG Toscana Italy’s OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, said it has chosen the winner of an LNG cargo tender which attracted six offers. The tender launched on October 2 by OLT Offshore LNG Toscana

TechnipFMC logs profit rise

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of TechnipFMC) LNG engineer TechnipFMC reported a rise its third-quarter profit despite a decline in the company’s revenues. The company’s net income totaled $136.9 million, or $0.30 per share, a rise of 13.1 percent when compared to last year’s third quarter. Revenue was $3.1

Japan: third Sayaringo STaGE LNG carrier christened

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Mitsubishi Heavy Industries Japan’s Mitsubishi Heavy Industries held a christening ceremony on Thursday for the third Sayaringo STaGE next generation liquefied natural gas (LNG) carrier. The christening ceremony was held at the Koyagi Plant of MHI’s Nagasaki Shipyard & Machinery Works. The ship named LNG Juno has been

Dynagas LNG Partners rakes in $53 million from offering

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dynagas LNG Partners Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, secured $53 million after the closure of its previously announced offering. Dynagas LNG said in a statement on Wednesday it has granted the underwriters a 30-day option to purchase up to an

Australia: GWF-2 project starts gas production

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australian LNG player Woodside said Thursday that the Greater Western Flank Phase 2 project off the north-west coast of Australia has started gas production. GWF-2 project is part of the of the Woodside-operated North West Shelf (NWS) project. The project is located in Commonwealth waters about 135

Norway’s Equinor swings to profit in Q3

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage: Ole Jørgen Bratland/Equinor Norwegian energy giant and LNG operator Equinor on Thursday reported a strong increase in third-quarter net profit as it benefited from a rise in oil and gas prices. Equinor’s net profit rose to $1.67 billion in the third quarter, compared to a loss of $480 million in

Hoegh Gallant starts work for Gunvor’s Clearlake Shipping

24 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Norway-based FSRU giant Höegh LNG confirmed Wednesday it has chartered its Höegh Gallant FSRU to Clearlake Shipping, a unit of the Switzerland-based energy trading company Gunvor. To remind, Höegh LNG said last week that the floating regasification and storage unit would be chartered to a third party following

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