Trinidad onshore compression project (Image courtesy of BP) Trinidad and Tobago’s liquefied natural gas (LNG) production increased 20 percent year-on-year in August to 2.51 million cubic meters. When compared to the month before, production at Atlantic LNG’s 14.8 mtpa Point Fortin facility rose 0.7 percent, according to the monthly data
Image courtesy of Total French major Total signed an agreement with India’s Adani Group to jointly develop energy business in the Indian market, including liquefied natural gas (LNG). The agreement confirms recent media reports that Total has engaged in talks with Indian companies to secure a stake in LNG import
zoomImage courtesy of GTT GTT and Dongsung Finetec, the South Korean thermal insulation company, have signed a memorandum understanding in order to commercialize GTT’s LNG Brick technology. GTT and Dongsung Finetec plan on promoting the technology for LNG as fuel application, GTT said in a statement. LNG Brick will eventually be
zoom The Hague-based LNG giant Shell is selling its upstream interests in Denmark for $1.9 billion. Shell Overseas Holdings Limited, a unit of Shell, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco) to sell its shares in Shell Olie-og Gasudvinding Danmark (SOGU). SOGU is a wholly-owned Shell
Image courtesy of Dynagas LNG Partners Dynagas LNG Partners priced its public offering of 2.2 million of its 8.75 percent units at $25 per unit. Dynagas Partners intends to use the net proceeds from the public for general partnership purposes, which may include, among other things, the repayment of indebtedness.
zoomImage courtesy of Saipem Italian oil and gas contractor, Saipem has reportedly snagged a deal to provide FEED services for Tortue LNG facility offshore Africa. Citing a source close to the matter, Reuters reports the deal worth €3 million ($3.47 million) could lead to a larger contract worth up to €75 million. The project
Image courtesy of Damen Bureau Veritas said it had been selected as the class society for the new Eesti Gaas’ liquefied natural gas (LNG) bunkering vessel to be built by the Dutch shipbuilder Damen Group. As informed earlier this month, the 6000-cbm vessel will provide LNG bunkering for LNG-fuelled vessels in
zoomImage courtesy of Enagás’ Spanish LNG terminal operator, Enagás reported a net profit of €325.7 million ($377.5 million) for the first nine months of 2018, edging up 1 percent over the corresponding period of last year. The contribution of the affiliate companies to this net profit was approximately 20%, with a
zoomImage courtesy of Total Total of France started talks to capture a stake in liquefied natural gas import facilities in India. The company’s chairman and CEO Patrick Pouyanne said Total is actually engaged in talks with several parties to buy stakes in LNG import terminals, Platts reports. The report follows that