zoomImage courtesy of Annova LNG Annova LNG has signed a deal with the South Texas Electrical Cooperative (STEC) for 405 MW, representing the total electric transmission needs for its natural gas export project in Brownsville, USA. Annova LNG plans to build a liquefied natural gas export facility with a capacity
Canada: Steelhead halts Kwispaa LNG development
Proposed Kwispaa LNG site (Image courtesy of Steelhead LNG) Huu‐ay‐aht First Nations said it was notified by Steelhead LNG that it has ceased current project work on the Kwispaa LNG project. Vancouver-based Steelhead LNG, in cooperation with First Nations, lead the project including a liquefied natural gas export facility located
Gas4Sea partners ink LNG bunkering deal with Equinor
Image courtesy of Port of Zeebrugge Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners, Engie, Mitsubishi Corporation and NYK, signed an LNG bunkering agreement with the Norwegian energy company Equinor. Under the agreement, Marine LNG Zeebrugge will supply liquefied natural gas as a marine fuel to Equinor’s four
Qatar Petroleum kicks off energy sector industries localization program
zoomImage courtesy of Qatar Petroleum LNG giant Qatar Petroleum launched its localization program for services and industries in the energy sector aiming to localize the sector’s supply chain. The program is Qatar Petroleum effort towards optimizing Qatar’s natural resources, higher efficiency and returns, and growth and expansion. Speaking of the
Containerships cuts EBIDTA due to high LNG investment
Illustration purposes only (Image courtesy of Containerships) Finnish shipping company Containerships, part of French CMA CGM group, said its earnings before interest, taxes, depreciation and amortization (EBITDA) estimates have been cut. The earlier guidance was set above the 2017 figure, the company said, adding that under the updated guidance EBITDA is
Nakilat, McDermott form fabrication JV
zoomImage courtesy of Nakilat Qatar’s Nakilat on Monday said it has signed an agreement with McDermott to form a joint venture (JV) company providing offshore and onshore fabrication services in the country. The strategic partnership aims at increasing productivity levels at Nakilat’s Erhama Bin Jaber Al Jalahma Shipyard and developing
IOC scoops Ennore LNG terminal commissioning cargo
Image courtesy of Indian Oil LNG India’s biggest refiner, Indian Oil Corp, has reportedly purchased the commissioning cargo for its Ennore liquefied natural gas terminal at the Kamarajar port in south India. Sources told Reuters the partial cargo purchased from the Swiss commodity trader Gunvor is set for delivery on February 26 as
LNT Marine containment system gets ABS approval
Image courtesy of LNT Marine American Bureau of Shipping (ABS) granted approval in principle to LNT Marine for its new liquefied natural gas fuel tank design. LNT Marine, a company created by the merger between LNG New Technologies and MGI Thermo, received the approval in principle for the prismatic semi-pressurized (2 bar
Excelerate, Equinor complete first LNG STS in Bahamas
Excelerate’s FSRU Exemplar and Equinor’s LNG carrier Arctic Voyager (Image courtesy of Excelerate) Texas-based Excelerate Energy and the Norwegian energy giant Equinor completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in the Bahamas. Utilizing Excelerate’s floating storage regasification unit (FSRU) Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo
Nakilat posts profit jump in 2018
Q-Max LNG carrier Umm Slal (Image courtesy of Nakilat) Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 5.3 percent rise in its net profit for the year 2018. Nakilat said its 2018 net profit reached 892 million Qatari Riyals ($245 million) which compares to 847