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
First Ichthys condensate cargo (Image courtesy of Inpex) Japan’s Inpex is reportedly set to load the first liquefied natural gas (LNG) cargo from its giant Ichthys project in Australia this week. The LNG vessel Pacific Breeze was located close to the Ichthys LNG terminal near Darwin with a departure date
Cove Point LNG (Image courtesy of Dominion Energy) US LNG operator Dominion Energy is restarting its Cove Point liquefied natural gas export terminal in Maryland following a planned maintenance that started late September. “The scheduled inspection and maintenance outage at the Dominion Energy Cove Point LNG terminal is nearing completion,” Dominion
