Image courtesy of MOL LNG Limited updates Magnolia LNG contract validity Perth-based LNG Limited has agreed to an updated legally binding lump sum turnkey EPC contract with the KBR-SKE&C joint venture (KSJV) for the Magnolia LNG project. Samsung C&T to build Vietnam’s first LNG terminal The consortium led by the
Image courtesy of Awilco LNG Norwegian LNG transportation provider Awilco said it’s 2013-built tanker WilPride has been accepted by the charterer and is set to commence its deployment. Awilco noted that the TDFE liquefied natural gas carrier capable of transporting up to 156,000 cubic meters of LNG has been inspected
zoomImage courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG informed that its FSRU Höegh Esperanza has been selected by AGL Energy for the Crib Point project in Victoria Australia. Höegh LNG’s statement follows AGL’s decision to delay the start of its Crib Point LNG import project and the
zoomIllustration purposes only (Image courtesy of Freeport LNG) Consultancy group Wood Mackenzie expects the US-China trade war to have a fairly limited impact on US LNG projects and LNG flows to Asia Pacific. LNG market fundamentals have softened significantly over recent months and tariffs are unlikely to outweigh this to
Image courtesy of Höegh LNG Australian utility AGL Energy has delayed the start of operations at its Crib Point liquefied natural gas import project in Victoria to the second half of the financial year 2022. The company noted in its statement it had previously indicated first gas could potentially be
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States have slipped from the previous week. Data from the Energy Information Administration shows that a total of eight vessels with a combined LNG carrying capacity of 28 Bcf departed from the United States between June 20 and
Image courtesy of Yamal LNG Novatek, Russia’s largest private gas producer, said that all operational and logistical tests at the Yamal LNG project stipulated by the terms of its external bank financing have been completed. Accordingly, the project can formally commence cash distributions to its respective shareholders, Novatek said in
zoomImage courtesy of Venture Global LNG U.S. LNG export project developer Venture Global LNG has raked in $675 million of additional capital from institutional investors, channeling it towards its 20 mtpa Plaquemines LNG export project in Plaquemines Parish, Louisiana. In addition to the $855 million of capital previously raised at
zoomImage courtesy of Heerema Sleipnir, Heerema Marine Contractor’s semi-submersible crane vessel and the world’s first LNG-powered construction vessel, has completed its sea trials and crane load tests. During Sleipnir’s sea trials all major systems performed according to specifications or even better, Heerema said on Friday. Sleipnir’s speed was tested and
Image courtesy of Navingo BV The registration for Offshore Energy Exhibition & Conference 2019 is now live! The event, to be held on (7), 8 & 9 October in Amsterdam will attract over 10,000 offshore professionals and more than 550 exhibiting companies. Offshore Energy is unique in bringing together the