zoomImage courtesy of GTT / Roland Mouron French liquefied natural gas containment system specialist, GTT, posted a 2.2 percent rise in revenue for the year 2018. The company’s revenue reached €245.9 million ($280.2 million), with GTT adding that its net profit for the period reached €142.8 million, 15.1 percent above
Image courtesy of Enagás Spanish LNG terminal operator, Enagás a net profit of €442.6 million ($504 million) in 2018, a 1 percent increase over 2017 figures, reaching its target for the twelfth consecutive year. Enagás said that its investments in 2018 included its contribution to the construction of the Trans Adriatic
Illustration purposes only (Image courtesy of Golar LNG) Singapore’s Keppel Corporation, through its First FLNG Holdings unit, has agreed to acquire 30 percent interest in Golar LNG’s entity owning the Gimi floating liquefied natural gas vessel. Golar LNG a 20-year lease and operate deal with BP to provide a floating
Image courtesy of BP Oil and gas giant BP has produced first gas from its Angelin development offshore Trinidad and Tobago. BP said on Tuesday that its subsidiary BP Trinidad and Tobago (bpTT) achieved first gas from Angelin on time and under budget. The Angelin development, originally discovered by the
Illustration purposes only (Image courtesy of Santos) Australian companies Santos and Perdaman have signed a non-binding agreement for the supply of 14.5PJ of natural gas per annum over 20 years. Santos said on Wednesday that the agreement was subject to a final investment decision for the Narrabri Gas Project. The
zoomTortue development (Image courtesy of BP) The Bermuda-based LNG shipping giant Golar LNG has entered into a lease and operating agreement with BP for the charter of an FLNG unit to service the Greater Tortue Ahmeyim project located offshore Mauritania and Senegal. Golar LNG said on Tuesday that the LOA
zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy reported a drop in earnings for the fourth quarter of 2018. The company reported a net income of $67 million for the fourth quarter of 2018, 47 percent below the net income of $127 million for the comparable 2017 period. The decrease in
Image courtesy of DEME Belgian dredging specialist DEME on Tuesday said its LNG-fueled trailing suction hopper dredger Bonny River has kicked off sea trials in the South China Sea. The vessel with a 15,000-cbm capacity is capable of dredging hard soil and is able to work in water depths up to 100
zoomImage courtesy of kremlin.ru Russia’s largest independent natural gas producer and LNG operator, Novatek is looking to revise its liquefied natural gas production plans, reaching 70 million tons per year by 2030. In a meeting with the Russian president Putin, Leonid Mikhelson, Novatek’s head said the current plans see for