zoomImage courtesy of Wärtsilä Eniram, a Wärtsilä company, signed a memorandum of understanding (MoU) with Athens-based Arista Shipping to participate in the Project Forward initiative. The project has developed a dry bulk carrier vessel based on LNG fuelled propulsion, Wärtsilä said in a statement, adding that Eniram’s contribution will be to
Image courtesy of CenterPoint CenterPoint Energy’s unit, Mobile Energy Solutions (MES), deployed its portable natural gas supply system to provide uninterrupted services in the northern portion of New Mexico, while the natural gas pipeline was on maintenance. Twenty-five homes were served individually using small 2 Mcf farm tap trailers, three sites were served with CNG tube trailers and
zoomImage courtesy of Inpex Zurich-based automation specialist ABB has signed a five-year framework agreement with operator Inpex to provide services that ensure equipment uptime and optimization of LNG production at the Ichthys LNG project. Currently under construction, Ichthys is one of Australia’s largest LNG projects. Described as three mega projects in one,
zoomTaichung LNG terminal (Image courtesy of CPC) Osaka Gas Engineering, an Osaka Gas unit, secured a consulting job for LNG receiving terminals planned by Taiwan’s state-owned CPC Corp and Taiwan Power. Osaka Gas said in a statement the planned facilities are scheduled to commence operations in 2023. Recently, in Taiwan,
zoomLNG carrier at the Tongyeong LNG terminal (Image courtesy of Kogas) In its plans to revitalize LNG-fueled shipbuilding industry the South Korean government decided to support the first order for vessels powered by liquefied natural gas (LNG) and the development of LNG bunkering infrastructure. According to a statement by the South Korean
zoomHamina LNG terminal (Image courtesy of Wärtsilä) The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits. Debt financing for the project has been concluded with Skandinaviska Enskilda Banken
zoomImage courtesy of Dynagas LNG Partners Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, reported a net income of $4.8 million, 62.5 percent below the figures reported in 2017. Adjusted net income for the three months ended March 31, 2018, compared to adjusted net income of $14.9
zoomImage courtesy of Teekay LNG Teekay LNG Partners, one of the world’s largest owners of LNG carriers, dropped into red during the first quarter of 2018. The company reported a net loss of $6.9 million compared to a net income of $29 million during the corresponding quarter in 2017, attributing the
zoomImage courtesy of Santos After days of media speculation about potential agreements between Harbour Energy and ENN to put in a joint bid for Santos takeover, the Australian LNG player said Harbour put in a revised proposal. Under the new binding, conditional proposal, Harbor is looking to acquire 100 percent
zoomImage courtesy of Wood Wood has extended its framework agreement with Chevron Australia to provide master contractor services to the Gorgon LNG stage two development located offshore Western Australia. Effective immediately, the two-year contract extends an agreement in place since 2015 and will continue to be delivered by Wood’s Perth