Image courtesy of Woodside Oil and gas producer Woodside will reportedly reduce its stakes in Australia’s Scarborough gas field and Canada’s Kitimat liquefied natural gas project. According to a report by Reuters, the decreased stakes would help the company reduce its capital expenditure. Woodside holds a 75 percent stake in
Image courtesy of Western Gas Western Gas’ $3.5 billion Equus project is currently on track for first gas in 2024 following the completion of the Upstream to LNG Development Plan and the start of project financing and partnering activities. The company will develop the field using a 2 mtpa FLNG
zoomImage courtesy of Pall-Ex Pall-Ex pallet delivery network took on its first liquefied natural gas-fueled truck on trial. The Volvo FM LNG tractor unit combines LNG with a diesel engine in order to lower emissions, the Society of Motor Manufacturers and Traders (SMMT) said in its statement. The unit emits
zoomImage courtesy of Adriatic LNG Adriatic LNG, the operator of the regasification terminal located off the Italian Veneto coast marked a milestone of 10 years since the regasification activities started. The terminal supplies 10 percent of national natural gas consumption and contributing to the energy transition towards more sustainable sources.
zoomImage courtesy of Multi Maritime MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer has been contracted to supply an LNG fuel-gas supply system for Norwegian shipowner, Egil Ulvan Rederi newbuild. MAN informed the LNG fuel-gas system will be supplied for a ‘multipurpose palletized cargo and refrigerated vessel, also known as a
Image courtesy of Gloryholder LGM Gloryholder LGM has signed a contract with Wuchang Shipbuilding Industry Group to supply LNG fuel gas systems for eight 4000HP LNG powered PSVs being built for China Oilfield Services (COSL). The LNG systems will be delivered to the shipyard during the first half of 2020,
Illustration only. Image source: Pixabay under CCO Creative Commons license. Japanese imports of liquefied natural gas (LNG) have edged up in August from the previous month, but plummeted year on year. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price jumped from $4.7 in
Image courtesy of Wison Wison (Nantong) Heavy Industry, a unit of Wison Offshore & Marine, has signed a strategic exclusive deal with Japan Marine United Corporation (JMU) for the fabrication of SPB LNG tanks. Under this agreement, Wison will fabricate SPB containment system with design and technical know-how from JMU,
Image courtesy of Freeport LNG Freeport LNG and Westbourne Capital have executed definitive agreements for a $1.025 billion loan that will fund Freeport LNG’s proposed fourth natural gas liquefaction train on Quintana Island in Freeport, Texas. Under the agreement, Westbourne and its co-investors will exclusively provide the loan to a