Image courtesy of Fluxys Belgium – E. Manderlier Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a rise in net profit for the first six months of the year 2019. The company recorded a net profit of €31.4 million ($34.4 million), which compares to €24.2 million
Illustration; Allseas’ Pioneering Spirit vessel; Image courtesy of Nord Stream 2 A contract for the engineering, procurement, construction, and installation of a 260-kilometer gas export pipeline on the Barossa project was awarded to offshore installation and construction company Allseas. One of the partners in the project, Santos, said on Thursday
Image courtesy of Novatek Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan’s Mitsui O.S.K. Lines (MOL) and Japan Bank for International Cooperation (JBIC) to collaborate on LNG projects. Under the agreement, the trio will work on developing marine LNG transshipment complexes in
Image courtesy of Singapore LNG Corp. Temasek-owned Pavilion Energy is reportedly targeting European markets as well as expansion in Asia in a push to expand its global LNG footprint. According to Reuters, the company expects a turnover of $3 billion next year with half the amount to come from its
Image courtesy of CSSC French shipping company CMA CGM has launched the first of its 23,000 TEU LNG-powered containerships at the Shanghai Jiangnan-Changxing Shipyard. The vessel with the name CMA CGM Jacques Saade is the first of nine such box ships on order by the company. In 2017, CMA CGM’s
zoomImage courtesy of Cedar LNG The Impact Assessment Agency of Canada has accepted an initial project description for the proposed Cedar LNG Project near Kitimat in British Columbia. The Agency invited the public and indigenous groups to review the summary of the initial project description and provide feedback related to
Image courtesy of MOL Mitsui O.S.K. Lines held a naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China COSCO Shipping Corporation, was held at Hudong-Zhonghua Shipbuilding. The newbuilt vessel was named the LNG Dubhe after a star in the constellation Ursa Major and is the first
zoomImage courtesy of Woodside Australian LNG producer Woodside and Korea Gas Corporation have signed a non-binding agreement to jointly study the technical and commercial feasibility of a green hydrogen pilot project. The latest agreement builds on a memorandum of understanding signed by the two companies in mid-2018. Since then Woodside
