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Oil Search flags $400 million impairments

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search a $360-$400 million impairment in its interim results. Courtesy of Oil Search The company noted in a statement on Monday it has assessed the carrying value of its assets for impairment as June 30, 2020, in

KBR no longer interested in Goldboro LNG EPC contract

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

US engineering company KBR is not interested to conclude a fixed price contract to build Canada’s Goldboro LNG facility, according to the project developer Pieridae. Image: Pieridae Pieridae said on Monday it received a notice from KBR saying the firm was “no longer prepared to negotiate and conclude the contract”.

Novatek posts lower quarterly production, sales

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Russia’s largest independent natural gas and LNG producer Novatek reported a decline in both production and sales in the second quarter of this year. Image: Novatek Novatek said Monday its natural gas production declined by 2.2 percent year-on-year to 18.5 billion cubic metres. The Russian company’s total production of hydrocarbons

The Fjords welcomes its 2nd all-electric passenger ship

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Norwegian transportation company The Fjords has taken delivery of its second all-electric passenger ship, Legacy of The Fjords. Image Courtesy: The Fjords The newbuild, which was originally scheduled for delivery in July 2019, will join its sister ships, Vision of The Fjords and Future of The Fjords, operating off the

GasNet opens first mobile LNG station in Czech Republic

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas (LNG) on the Czech market. Courtesy of GasNet The facility is located in Klecany near Prague, in the direct proximity of Highway D8 at the Volvo Group truck center Prague

World’s first converted FLNG in milestone loading

13 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Golar’s Hilli Episeyo, world’s first converted FLNG vessel, has recently loaded its 40th cargo since the start of operations more than two years ago offshore Kribi, Cameroon. FLNG Hilli Episeyo (Image: Golar LNG) Bermuda-based shipowner Golar said the FLNG completed the milestone operation on June 18. Through these offtakes, the

Rolande enters German LNG-fueling market

10 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The Dutch liquefied natural gas (LNG) fueling infrastructure specialist Rolande has entered the German market with its first facility in Ulm. Courtesy of Rolande LNG Rolande plans to expand the German network with new stations in Dortmund, Duisburg, Grasdorf, Lübeck and Ziesar. New facilities will be operational before the end

API: U.S. LNG exports cut GHG emissions in power production

10 Jul No Comments gregsamuel_e5x9azx4 LNG World News

A study commissioned by the American Petroleum Institute (API) stressed that using U.S. liquefied natural gas (LNG) in power generation significantly cuts GHG emissions. Courtesy of Cheniere The study conducted by researchers at ICF examines the environmental benefits of U.S. natural gas use in China, Germany, and India, finding that

Gladstone LNG exports remain flat in June

10 Jul No Comments gregsamuel_e5x9azx4 LNG World News

LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.70 million tons in June 2020. Courtesy of Bechtel Data released by the Gladstone Ports Corporation shows that the three liquefaction facilities exported a total of 26 cargoes. The number of cargoes and the volumes exported

GTT bags deal for Chinese LNG tanker trio

10 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers. Courtesy of GTT The company noted it won the contract from the Chinese shipyard Hudong-Zhonghua Shipbuilding. Additionally, the LNG containment specialist noted that the trio of tankers is

Hudong to deliver third Yamal LNG carrier

9 Jul No Comments gregsamuel_e5x9azx4 LNG World News

China’s Hudong-Zhonghua Shipbuilding is to deliver another LNG carrier that will serve the Novatek-operated Yamal project in the Arctic. LNG Phecda (Image: Hudong-Zhonghua) Hudong said in a statement the 174,000-cbm LNG Phecda left the Shanghai yard for gas trials on July 3. The Chinese yard noted it faced many difficulties

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