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Haisla, Seaspan JV secures $500 million tug deal

30 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Seaspan HaiSea Marine, a JV between Haisla First Nation and Seaspan, has signed a contract with LNG Canada to design, build, and operate escort tugs and harbor tugs required for LNG Canada’s export facility in Kitimat, British Columbia. Seaspan said that the value of the contract award

Novatek wins auction for Soletsko-Khanaveyskoye gas field

30 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Novatek Novatek’s wholly-owned subsidiary has won an auction for a geological survey, exploration and production license for the subsoil area including the Soletsko-Khanaveyskoye gas field. Novatek said on Friday that the auction was won by Arctic LNG 1. The license is located on the Gydan peninsula in

Bayu Undan facilities transfered to Timor-Leste juristiction

30 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Santos Australian LNG player Santos has signed agreements supporting the transition to permanent maritime boundaries between Australia and Timor-Leste and a continued stable framework for petroleum activities in the Timor Sea. Santos joined with its Bayu Undan joint venture partners and the Australian and Timor-Leste governments, in

OMV CEO claims Nord Stream 2 can still be completed on time

30 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Pioneering Spirit, vessel installing the Nord Stream 2 pipeline; Image courtesy of Nord Stream 2 AG Austrian energy company OMV has claimed that there was still a realistic chance to complete the Nord Stream 2 pipeline project within schedule. Chief executive of Austrian oil and gas group OMV Rainer Seele

Japan imports first LNG cargo from China since 1988

30 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Tepco Japan has reportedly imported its first cargo of LNG from China in July as utilities from the world’s biggest buyer of the chilled fuel look for new suppliers. According to Reuters, China has become the world’s second-largest LNG buyer amid a surge in domestic gas usage.

Golar LNG falls to loss in second quarter

29 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG shipper Golar saw its second-quarter income figures drop into the red following a profit in the previous quarter. The company reported a net loss of $23.4 million, which compares to a net profit of $28.9 million during the first three months of the year. Golar’s

PGNiG agrees sale of U.S. LNG cargo to Ukraine

29 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Polskie LNG Polish Oil and Gas Company (PGNiG) has purchased a cargo of liquefied natural gas (LNG) from the U.S. and, following regasification, sold it to Energy Resources of Ukraine (ERU). PGNiG said on Thursday that the contracted LNG tanker would arrive at the President Lech Kaczyński

China-led consortium set to build LNG terminal in Cyprus

29 Aug No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Höegh LNG) A multinational consortium has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium is led by the China Petroleum Pipeline Engineering Corporation (CPPEC) with other members being Wilhelmsen Ship Management, Aktor,

North America to drive global LNG industry newbuild capacity growth

29 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Rio Grande project artist rendering (Image courtesy of NextDecade) North America will drive the global LNG industry with 73 percent of newbuild capacity growth by 2023, according to data analytics and consulting company GlobalData. GlobalData said on Wednesday that North America was expected to drive capacity growth in the global

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