Image courtesy of Total Sonatrach, Total, Repsol and the Algerian national agency for the valorization of hydrocarbon resources, Alnaft, signed a new concession contract for a period of 25 years to extend the exploitation of the Tin Fouyé Tabankort (TFT) gas and condensate field. This new contract, which will become effective
Top news of the week June 4-9
Illustration purposes only (Image courtesy of Chevron) Golar: Cameroon FLNG starts full commercial ops Golar said on Monday that its FLNG Hilli Episeyo located offshore Kribi in Cameroon has started full commercial operations. LNG Limited welcomes new investor, raises $21.4m through share placement LNG Limited, the Australian company developing two LNG
Transafe to train Titan LNG’s FlexFueler crew
zoomImage courtesy of Titan LNG Transafe and Titan LNG signed a long-term crew safety training contract in preparation of Titan’s first LNG ship-to-ship bunkering operations. Titan LNG’s FlexFueler, Europe’s first LNG bunkering pontoon, will be operational by the end of this year, the company said in a statement. Ronald van
Oil Search hits more gas in Papua New Guinea
zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search, git gas at the Kimu 2 well in PRL 8. The well was spudded on April 22 with an objective to test the potential resource upside in the field and assist in selecting the optimal
Panama Canal hits monthly tonnage record
Illustration purposes only (Image courtesy of Panama Canal) Panama Canal reached another milestone since the expansion, reaching a new monthly tonnage record of 38.1 million tons after facilitating the transit of 1,231 vessels in May 2018. The previous record was established in January 2017, when 1,260 vessels transited 36.1 million tons
LR grants AiP for LNG-fueled bulk carrier design by SWS
Image courtesy of Lloyd’s Register Lloyd’s Register granted the approval in principle (AiP) to Shanghai Waigaoqiao Shipbuilding for its LNG dual-fueled 210,000 DWT bulk carrier design. The two companies agreed to jointly develop the design, with Shanghai Waigaoqiao Shipbuilding producing and updating the design to incorporate LNG propulsion, based on their existing conventional
Probunkers rolls-out global LNG bunkering plan
zoomImage courtesy of Probunkers Newly-established company Probunkers headquartered in the Greek capital Athens is looking to develop a global LNG bunkering project, that will see the construction of a fleet of LNG supply vessels. The project is aimed at contributing to the development of LNG marine infrastructure by providing LNG
Gazprom, OMV extend gas supply deal to 2040
Image courtesy of Gazprom Russian giant Gazprom and Austrian OMV Gas Marketing & Trading signed an extension to the existing contract for the supply of Russian natural gas to Austria until 2040. The extension was signed during the meeting between Gazprom’s head Alexey Miller and his OMV counterpart Rainer Seele.
TechnipFMC scores Pluto offshore water handling contract from Woodside
Pluto LNG platform (Image courtesy of Woodside) TechnipFMC said it has been awarded a contract by Australian LNG operator Woodside to upgrade the Pluto platform for water treatment, located offshore Western Australia. The contract includes the engineering, procurement, construction, installation and commissioning (EPCIC) of the Pluto water handling module. This module,
Phoenix Petroleum, CNOOC sign LNG MoU
Image courtesy of Phoenix Petroleum Philippine independent oil company Phoenix Petroleum signed a memorandum of understanding with China’s CNOOC on liquefied natural gas (LNG) developments in the Philippines. Under the agreement, Phoenix Petroleum signed with CNOOC Gas and Power Group, the two companies intend to study, plan and develop a liquefied natural