Image courtesy of OLT Offshore LNG Toscana German utility company Uniper is reportedly advancing its talks with First State Investments, an Australian fund, over a sale of interest in the OLT Offshore LNG Toscana terminal off Italy. Uniper currently holds 48.24 percent stake in the facility with the Italian utility
zoomImage courtesy of GasLog Monaco-based LNG shipper signed a new long-term charter deal with a unit of Endesa for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled to take delivery of the 180,000 cubic meter Mark III Flex Plus vessel with low-pressure two-stroke propulsion from Samsung Heavy
Image courtesy of Damen Dutch shipbuilding giant Damen has cut steel for its first short-sea LNG bunker vessel for Estonia’s Eesti Gaas. Damen said on Thursday that the steel-cutting ceremony for the short-sea LNG bunker vessel was held at the company’s Yichang shipyard in China on March 18, 2019. Eesti
zoomImage courtesy of Ophir Energy London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir. Ophir and Medco Energy reached an agreement in January to price the offer at 55 pence in cash for each Ophir share. On
Image courtesy of Polskie LNG The President Lech Kaczyński LNG terminal in Świnoujście, Poland, is awaiting the delivery of the twelfth spot cargo of the chilled fuel to the facility. Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said on Wednesday that the LNG spot cargo would arrive at Świnoujście on Thursday.
Image courtesy of Petronet LNG India’s imports of liquefied natural gas (LNG) continued its decline reporting lower figures in February. According to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC), India imported 1.9 million cubic meters during February 2019, 9.2 percent below the figures recorded in the
zoomImage courtesy of TurkStream Russian giant Gazprom said that the final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea. The procedure, known technically as ‘Above Water Tie-In,’ involved retrieving the nearshore pipeline and
zoomImage courtesy of PetroVietnam Malaysian energy giant Petronas signed a binding heads of agreement with Vietnam Oil and Gas Group (PetroVietnam) for the sales and purchase of additional gas from Malaysia to Vietnam. According to the agreement, Petronas would deliver natural gas from Block PM3 CAA, Malaysia to Ca Mau
zoomImage courtesy of MAN Energy Solutions Singapore-based Eastern Pacific Shipping has exercised an option connected with an order for 5 15,000-TEU boxships placed in November 2017, and requested another six vessels. All 11 engines involved in the order will be powered by MAN B&W two-stroke engines, MAN Energy Solutions said
