zoomImage courtesy of Höegh LNG Partners Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a drop in profit for the first three months of the year. The partnership reported a net income of $14.1 million for the three months ended March 31, 2019,
zoomImage courtesy of Eni Italian energy giant Eni, through its unit Eni Mozambico, has acquired rights to explore and develop offshore blocks A5-B, Z5-C and Z5-D, located in the deep waters of Angoche and Zambezi Basins. Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada (ExxonMobil) and
Image courtesy of Summit Summit Corporation and JERA Asia signed a memorandum of understanding (MOU) to develop a $500 million energy infrastructure project in Matarbari area in Cox’s Bazar, Bangladesh. Infrastructure conglomerate Summit said in its statement the two companies intend to develop a project that would include, among others,
Illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China’s Guangdong Energy Group has reportedly purchased a couple of spot cargoes of liquefied natural gas for delivery to CNOOC’s Dapeng LNG facility in which it has a stake. Citing trading sources, Reuters reports one of the two cargoes has already
Image courtesy of Rederij Doeksen The two new LNG-fueled catamarans built for the Dutch ferry operator Rederij Doeksen are expected to arrive in Harlingen on Wednesday, May 29. The LNG-fueled pair left Vung Tau, Vietnam, where they were built by the Australian shipbuilder Strategic Marine, on March 8, the company
Image courtesy of Polskie LNG Polish liquefied natural gas import facility the President Lech Kaczyński terminal in Świnoujście received its 60th cargo on Wednesday. The cargo was delivered onboard the Q-Flex liquefied natural gas carrier, the 217,000-cbm Al Ghashamiya. According to the data provided by VesselsValue the cargo was lifted
Gorgon LNG; Image courtesy of Wood UK-based services provider Wood has secured a new contract with Chevron Australia to provide subsea integration and flow assurance FEED services for the Jansz-lo compression project off Western Australia. Wood said on Wednesday that the one-year would be effective immediately and delivered by the
Image courtesy of ConocoPhillips US energy company and LNG player ConocoPhillips has launched a battery project for Darwin LNG set to reduce power generation carbon emissions by 20 percent, as well as cut fuel gas consumption and operating costs. Santos, a partner in Darwin LNG, said that the project was
zoomImage courtesy of Höegh LNG Norway’s floating LNG giant Höegh LNG reported a $4.5 million profit for the first quarter of the year. The profit dropped from $45 million in the previous quarter and $13.2 million in the corresponding quarter, as the company recognized $40.3 million of revenue under the
zoomImage courtesy of Freeport LNG US LNG export terminal developer Freeport LNG has received approval from the U.S. Department of Energy (DOE) for the export of Train 4 volumes to non-free trade agreement countries. Freeport LNG’s fourth liquefaction train is part of the company’s existing natural gas liquefaction and LNG