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EU approves Croatia LNG support measures

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of LNG Croatia The European Commission has found Croatian plans to support the construction and operation of a liquefied natural gas (LNG) terminal at Krk island to be in line with EU State aid rules. The project will contribute to the security and diversification of energy supplies without

Origin’s APLNG FY2019 revenue jumps

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Origin Energy Australia’s top power and gas retailer, Origin Energy, reported a jump in Australia Pacific LNG quarterly revenue share in FY 2019. APLNG revenue up 36 percent on prior year driven by higher effective oil prices reaching A$2.78 billion ($1.92 billion), Origin said in its report.

Enagás’s profit edges down as natural gas demand rises

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Enagás Spanish LNG terminal operator, Enagás reported a net profit of €216 million in the first half of the year in line with its targets set for the year.  Compared to the €219.8 million reported in the first six months of 2018, this is a 1.7 percent

Golar, Exmar running for Leviathan FLNG job

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Delek Drilling Delek Drilling, a unit of the Delek Group, said that Leviathan gas field partners have signed deals with Exmar and Golar LNG to explore the potential of developing a floating LNG facility.  Deal with Golar LNG has been signed for the purpose of performing an

McDermott, BHGE win subsea EPCI work on Ichthys LNG field

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

L to R: McDermott Country Manager Australia, NZ & PNG William Calligeros, BHGE Regional Sales Leader Derek Price, BHGE Oilfield Equipment VP Graham Gillies, McDermott APAC SVP Ian Prescott, Inppex VP of Finance and Technology Services Hideki Iwashita, and Inpex VP asset management Yosuke Ueda. Image courtesy of McDermott LNG

Shell sells Gulf of Mexico asset interest to Equinor

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Shell) Shell Offshore, a unit of The Hague-based LNG giant Shell, has completed the sale of its non-operated assets in the Gulf of Mexico to Equinor for $965 million. The company said it completed the sale of 22.45 percent interest in the Caesar-Tonga asset

Mayer Brown advises Benin on LNG deal with Total

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Total Law firm Mayer Brown advised the Republic of Benin on the development of a liquefied natural gas (LNG) import floating terminal and the supply of up to 0,5 million tonnes per annum of regasified LNG to the country.  The Republic of Benin, the Société Béninoise d’Energie

Energean grabs four new licenses off Israel

31 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Energean Mediterranean-focused oil and gas producer Energean Oil and Gas has been awarded four new licenses for oil and gas exploration in Israel’s Exclusive Economic Zone (EEZ). Energean submitted its proposal in partnership with Israeli Opportunity (20 percent). The awarded licenses were granted for Block D, located

BP’s second-quarter profit flat

30 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of BP UK-based energy giant and LNG player BP reported a profit of $2.8 billion for the second quarter of 2019, remaining flat comparing to the second quarter of 2018.  The company said its underlying replacement cost profit, the company’s version of net profit, for the first six

TGES wins Taiwanese LNG terminal expansion FEED

30 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Golar LNG Partners) Tokyo Gas Engineering Solutions (TGES) has been awarded a deal by Taiwan’s CPC Corporation (CPC) to conduct the front end engineering design (FEED) for an expansion project of its LNG receiving terminal at Yung An. TGES, a part of the Tokyo

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