zoomIllustration purposes only (Image courtesy of Glencore) Swiss commodity trading and mining company Glencore is reportedly eyeing involvement in a liquefied natural gas import project in the Philippines. Citing sources close to the matter, Reuters reports the project would include a floating storage regasification unit (FSRU) delivering regasified natural gas
Fluor to book $8.4 billion following LNG Canada FID
Image courtesy of LNG Canada US engineering giant Fluor is to book $8.4 billion from its share in the LNG Canada contract following the positive final investment decision announced by the Shell-led project on Tuesday. Fluor’s joint venture with Japan’s JGC Corporation has been previously selected to provide the engineering, procurement, fabrication and construction on the
QP CEO holds cooperation talks with South Korean companies
Image courtesy of Qatar Petroleum Qatar Petroleum’s president and CEO Saad Sherida Al-Kaabi held cooperation talks with senior executives of South Korean companies. Talks focused around cooperation in the energy field, especially the LNG industry during the meeting with presidents and senior executives of Kogas, Hyundai Heavy Industries, Samsung Heavy
Floating storage unit delivered to Bahrain LNG
Image courtesy of Teekay LNG Teekay LNG said its first floating storage unit (FSU) Bahrain Spirit has been delivered to its charterer Bahrain LNG. The FSU was delivered from the Daewoo Shipbuilding & Marine Engineering (DSME) yard in August and went into hire on September 19, Teekay LNG said in
Gothia Tankers Alliance third LNG-fueled vessel delivered
Image courtesy of FKAB Marine engineering company FKAB said that the third LNG-fueled vessel out of six ordered by the Gothia Tanker Alliance has been delivered. The 16,3000 DWT vessel named Thun Venern is equipped with batteries and dual fuel engines for LNG operation and features ice class 1A, and is
BREAKING: Shell approves LNG Canada investment
Image courtesy of LNG Canada The Hague-based LNG giant Shell has taken a final investment decision on LNG Canada, a major liquefied natural gas export project in Kitimat, British Columbia. With LNG Canada’s joint venture participants also having taken FID, construction will start immediately with first LNG expected before the
Inpex-led Ichthys LNG project ships first condensate cargo
Image courtesy of Inpex Japan’s Inpex said the first condensate cargo departed its Ichthys liquefied natural gas (LNG) project in Australia. The cargo departed from the project’s offshore floating production, storage and offloading facility, the Ichthys Venturer, moored in the Browse Basin, some 220 kilometers off the northwest coast of
SHI books LNG carrier order
Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries secured an order for a liquefied natural gas (LNG) carrier. The deal is valued at just over 200 billion won ($180 million), the company said in a stock exchange filing. The name of the Asian shipowner ordering the vessel remained undisclosed. The
Top news of the week September 24-29
Image courtesy of Novatek Qatar upsizes LNG production expansion Qatar Petroleum has revised its LNG capacity expansion target boosting it from 100 million tons per year to 110 mtpa. LNG Canada unaffected by pipeline, trade issues Final investment decision by the LNG Canada project will not be affected by Canada’s
Mundra LNG terminal to start up by end-October
Illustration purposes only – Mundra Port (Image courtesy of Adani Ports) The 5 mtpa Mundra LNG terminal being developed Adani Group and Gujarat State Petroleum Corp could spring into action by the end of October. The facility being developed at Mundra port in Gujarat will be inaugurated by India’s prime minister