Image courtesy of Freeport LNG Tellurian mulling new Driftwood LNG stake deals US LNG export project developer, Tellurian said it is continuing its negotiations on the sale of liquefied natural gas and interests in Driftwood Holdings with several counterparties. FSRU BW Paris sails out of Keppel shipyard BW LNG, a
Image courtesy of Strike Energy Following analysis, Australia’s Strike Energy said its has revised its Wagina sandstone conventional gas discovery at West Erregulla-2. The company said that the analysis has indicated improved net reservoir to at least 10.2 meters across the Wagina sandstone with porosities up to 14 percent. Drilling
Illustration purposes only (Image courtesy of MOL) Law firm Mayer Brown advised CLP Power Hong Kong on the Hong Kong offshore LNG terminal project, which involves the use of floating storage and regasification unit (FSRU) technology for the first time in Hong Kong. The FSRU will receive, store, and regasify
Image courtesy of Cheniere Cheniere Partners, a partnership established by the Houston-based LNG exporter Cheniere Energy reported lower second-quarter net profit as operating expenses increased. The partnership reported a net income of $232 million and $617 million, respectively, for the three and six months ended June 30, 2019, compared to
zoomImage courtesy of Anadarko Occidental Petroleum has completed the acquisition of Anadarko Petroleum in a deal worth $55 billion, including the assumption of Anadarko’s debt. Occidental said on Thursday that the merger was approved by U.S. antitrust regulators in early June and Occidental completed the acquisition on Thursday, August 8.
zoomImage courtesy of Fuelgarden Energy Norway-based LNG design and engineering firm Fuelgarden Energy has commissioned a temporary LNG installation on the Isle of Skye in Scotland. Fuelgarden said that the LNG installation was supplying natural gas to Mowi´s newbuilt fish feed factory at Kyleakin. Mowi, the world´s largest salmon producer
zoomImage courtesy of Clean Energy Clean Energy Fuels, one of the largest providers of natural gas fuel for transportation in North America tightened its second-quarter loss. The company reported a net loss of $5.4 million for the second quarter, which compares to $12 million net loss in the second quarter
zoomImage courtesy of TechnipFMC LNG engineer TechnipFMC reported an increase in half-year revenue as its project activity picked up. The company reported a revenue of $6.36 billion, 4.3 percent above the $6 billion reported during the corresponding period last year. Subsea revenue increased year-over-year with higher project-related activity and increased
zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy’s quarterly loss reported a net loss of $114 million during the second quarter of the year as new trains start-up pushed the operating costs up. For the first six months of the year, Cheniere’s net profit slipped from $339 million to
zoomImage courtesy of BESIX The Canadian unit of the Belgium-based contractor BESIX has been awarded an LNG berth marine structure deal for the Shell-led LNG Canada project in Kitimat, British Columbia. BESIX Canada, together with its joint venture partner Vancouver Pile Driving (Vanpile), has been hired by the project’s EPC