Yamal LNG project (Image courtesy of Novatek) Novatek, Russia’s largest private gas producer, signed a deal with China National Oil and Gas Exploration and Development Company (CNODC), a unit of CNPC, to enter the Arctic LNG 2 project. The binding agreement provides for the acquisition by CNODC of a 10
Image courtesy of Aspen Aerogels Aspen Aerogels has been awarded a new contract to supply aerogel insulation to the PTT LNG Nong Fab LNG receiving terminal project in Thailand. The contract was awarded to Aspen by a joint venture between Saipem and CTCI Corporation, responsible for the engineering, procurement, construction
Image courtesy of Wärtsilä The Finnish technology group Wärtsilä reported a 6 percent drop in order intake during the first quarter of the year. The company noted its order intake was at €1.4 billion ($1.6 billion) down from the €1.5 billion in the corresponding quarter of 2018. Wärtsilä Marine accounted
Image courtesy of Novatek Novatek, Russia’s largest private gas producer, said its joint venture with Gazprombank, Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). “Cryogas-Vysotsk is our first medium-scale LNG project,” noted Novatek’s head Leonid Mikhelson on Wednesday. “Our marketing strategy provides for loading of bunkering vessels, small
zoomImage courtesy of Occidental Occidental Petroleum submitted a bid looking to buy US independent oil and gas producer and Mozambique LNG developer, Anadarko Petroleum for $76.00 per share, totaling $57 billion. This represents a premium of approximately 20 percent compared to the value of Anadarko’s pending transaction as of April
zoomImage courtesy of Polskie LNG The Polish government has signed an agreement with the country’s liquefied natural gas terminal operator Polskie LNG to co-finance the expansion of the facility. The office of the prime minister, through its social media channels, said the facility is part of the European Union’s energy
Image courtesy of Teekay Teekay LNG Partners on Wednesday said it has signed a new charter contract for its Magellan Spirit liquefied natural gas carrier. The fixed-rate charter deal has a 3-year term with an oil and gas company commencing during summer of 2019, the company said in a statement.
Image courtesy of Fluxys Belgium – P. Henderyckx The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium booked a pair of cargoes of LNG from Qatar. The shipping data shows the first of the two cargoes being transported onboard the 210,000-cbm Fraiha LNG carrier. The vessel is scheduled to dock