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Titan, Rolande acquire Engie LNG Solutions

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Titan LNG) Titan LNG, the service supplier of liquefied natural gas and its sister company Rolande have acquired Engie LNG Solutions.  The acquired entity covers the downstream LNG activities of Engie in the Netherlands and Belgium, Titan LNG said in a statement. Rolande will add Engie’s

Van Oord to mark milestone with LNG crane vessel naming

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Van Oord Dutch dredging specialist, Van Oord will name its first LNG-powered vessel, the Werkendam, on Saturday, April 14, during its 150th anniversary. The Werkendam crane vessel is the first LNG-powered vessel, Van Oord said, marking the start of a new generation of dredging vessels. The vessel’s

Redline wins more Ichthys LNG work

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Inpex Redline Plumbing, an Aboriginal-owned business, has snatched its 25th scope of work at the Inpex-operated Ichthys LNG export project near Darwin in Australia’s Northern Territory. The latest contract involves removing concrete structures and restoring an area on the site where Redline initially carried out detailed excavations several

Shell charters AET Tankers’ LNG-fueled Aframax duo

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of AET Tankers Singapore-based shipper, AET, has struck a long-term charter deal for its two LNG-fueled Aframax tankers with Shell.  AET’s two 113,000 dwt vessels are currently being built by Samsung Heavy Industries in South Korea and are due for delivery from the third quarter of 2018. The

US LNG exports drop on week

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Dominion Energy) Liquefied natural gas (LNG) exports from the United States declined during the week ending Wednesday, April 11, the Energy Information Administration said in its weekly natural gas report. Five LNG vessels with a combined capacity of 17.7 billion cubic feet (Bcf)

GTT notes orders increase as Q1 revenues rise

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GTT French liquefied natural gas (LNG) containment system specialist, GTT, saw a sharp increase in orders in the first quarter of the year, with revenues rising.  The company reported a 12.4 percent increase in the first quarter revenue, reaching €64.2 million compared to €57 million in the

Danish pension fund PKA ditches 35 oil and gas companies

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomPeter Damgaard Jensen (Image courtesy of PKA) Danish pension fund PKA, that manages about $46 billion worth of assets, said it has excluded 35 oil and gas companies from its investment portfolio. PKS, which actively invests into technologies such as offshore wind power and has previously excluded 70 coal companies, said

Volvo’s FM LNG truck to fuel at Calor’s Donington station

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Volvo Trucks Volvo Trucks said it has selected Calor’s facility at Donington Park Services for fueling of its new FM LNG truck.  The company said the first FM LNG vehicle in the United Kingdom is a gas-powered truck with a powertrain based on Volvo’s conventional diesel engine

ExxonMobil restarts production at PNG LNG, exports to resume soon

13 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of ExxonMobil US energy giant ExxonMobil restarted production of liquefied natural gas at the PNG LNG facility following the earthquake that shook Papua New Guinea at the end of February, causing a shutdown.  LNG production resumed ahead of schedule the operator said, adding that exports of liquefied natural

European Commission clears Total, Engie $1.5 billion LNG deal

12 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Engie The European Commission has cleared the acquisition of French Engie’s portfolio of upstream liquefied natural gas (LNG) assets by compatriot Total. The deal, announced in November last year is worth around $1.49 billion. European Commission concluded that the deal, one of the largest in the industry in years, would

BP, Petrobras pledge to expand cooperation scope

12 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of BP The UK-based energy giant BP has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro (Petrobras). Petrobras and BP agreed to explore potential joint commercial agreements in areas of mutual interest in upstream, downstream, trading and across low carbon initiatives, inside and outside

Shell outlines its energy transition strategy

12 Apr No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Shell The Hague-based LNG giant, Shell, released its report outlining the lower-carbon energy transition strategy.  The strategy is by Shell’s outlook for the energy sector and the need to adapt to substantial changes, such as rising global population and standards of living that will drive growth in

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