zoomImage courtesy of CNOOC China National Offshore Oil Corp. (CNOOC) is preparing to open up its liquified natural gas (LNG) import terminals to third-party access. CNOOC said on Wednesday that this would be a first in the country and that it comes after two trial runs in late 2018. According
Image courtesy of Clean Energy Fuels Clean Energy Fuels, one of the largest providers of natural gas fuel for transportation in North America tightened its losses in 2018. The company reported a net loss of $3.8 million, compared to $79.2 million in 2017. Revenue for 2018 was $346.4 million, a
zoomImage courtesy of Saga LNG Shipping Saga LNG Shipping on Wednesday named its new liquefied natural gas carrier Saga Dawn at China Merchants Heavy Industry (Jiangsu) in Haimen, China. The 45,000-cbm LNG carrier will be delivered in May and enter into service shortly after. Saga Dawn is the world’s first
Image courtesy of Petronas Malaysian energy giant Petronas has relocated its floating liquefied natural gas unit, the PFLNG Satu, from the Kumang cluster field, offshore Sarawak, to the Kebabangan (KBB) cluster field, offshore Sabah. The PFLNG Satu will be moored at a water depth of 120 meters in the KBB
Image courtesy of GTT/Roland Mouron French LNG containment specialist GTT has received an order from Samsung Heavy Industries (SHI) for a tank design on two 180,000-cubic meter LNG carriers. GTT said on Tuesday that the order by SHI was made on behalf of the Copenhagen-based Celsius Tankers. The company added
Image courtesy of Woodside Australian LNG player Woodside has taken a slightly different approach to develop the Scarborough resources and the Pluto LNG plant. Speaking at a conference in Perth, Woodside’s COO Meg O’Neill, said the approach is different to the sort of mega-project that the industry in Western Australia
Image courtesy of Wärtsilä Finnish technology group Wärtsilä has been given the notice to proceed for a liquid biogas (bioLNG) plant to be built in Asker, Norway. The contract for the plant was awarded in April 2018 by VEAS, a Norwegian wastewater treatment and biogas producing company, and the notice
Qatar Petroleum is expanding its global portfolio entering into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit off Morocco. The company noted it is a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco. Following regulatory approvals, the
Image courtesy of Ophir Energy London-based Ophir Energy reported a 58 percent jump in its 2018 revenue as the production doubled. The company said on Tuesday that revenue hit $298 million, which compared to $189 million in 2017. Production, taking into account the acquisition of assets from Santos, reached 29,700
Image courtesy of UECC United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, has signed a contract to construct two battery hybrid LNG PCTCs with China Ship Building Trading and Jiangnan Shipyard Group. The newbuilding contract also has options for two additional vessels,