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BP kicks off gas production from Angelin development

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of BP Oil and gas giant BP has produced first gas from its Angelin development offshore Trinidad and Tobago. BP said on Tuesday that its subsidiary BP Trinidad and Tobago (bpTT) achieved first gas from Angelin on time and under budget. The Angelin development, originally discovered by the

Höegh LNG’s profit jumps on FSRU momentum

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Norway’s floating LNG giant Höegh LNG reported a $45 million net profit for the fourth quarter of the year 2018, as momentum in the FSRU market gained pace.  The company noted the profit rose from $6 million in the previous quarter and $20 million in the

Santos scoops Narrabri gas supply deal with Perdaman

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Santos) Australian companies Santos and Perdaman have signed a non-binding agreement for the supply of 14.5PJ of natural gas per annum over 20 years. Santos said on Wednesday that the agreement was subject to a final investment decision for the Narrabri Gas Project. The

Golar picks up Tortue FLNG deal with BP

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomTortue development (Image courtesy of BP) The Bermuda-based LNG shipping giant Golar LNG has entered into a lease and operating agreement with BP for the charter of an FLNG unit to service the Greater Tortue Ahmeyim project located offshore Mauritania and Senegal. Golar LNG said on Tuesday that the LOA

Cheniere reports fourth-quarter profit drop

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy reported a drop in earnings for the fourth quarter of 2018.  The company reported a net income of $67 million for the fourth quarter of 2018, 47 percent below the net income of $127 million for the comparable 2017 period. The decrease in

DEME’s LNG-fueled dredger heads out to sea trials

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of DEME Belgian dredging specialist DEME on Tuesday said its LNG-fueled trailing suction hopper dredger Bonny River has kicked off sea trials in the South China Sea.  The vessel with a 15,000-cbm capacity is capable of dredging hard soil and is able to work in water depths up to 100

Novatek to bump LNG production target to 70 mtpa by 2030

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of kremlin.ru Russia’s largest independent natural gas producer and LNG operator, Novatek is looking to revise its liquefied natural gas production plans, reaching 70 million tons per year by 2030.  In a meeting with the Russian president Putin, Leonid Mikhelson, Novatek’s head said the current plans see for

Petronas’ Bintulu LNG complex loadings normal following fire

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Bintulu LNG (Image courtesy of Petronas) Malaysia’s Petronas said a fire broke out at on February 22, at its liquefied natural gas complex in Bintulu.  The company noted in its statement the fire broke out at approximately 6:00 am at the sea cooling water outfall channel, outside of plant process area. “Our on-site

Wärtsilä pens maintenance deal with Tokyo LNG Tanker

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Energy Liberty/Image courtesy of Tokyo LNG Tanker Finnish technology group Wärtsilä has signed a long-term maintenance deal with Japanese LNG shipowner Tokyo LNG Tanker, a Tokyo Gas unit. Wärtsilä said on Tuesday that the deal entails a range of maintenance needs for three LNG carriers powered by Wärtsilä 50DF dual-fuel

Pointe LNG hires KBR for engineering work on Louisiana facility

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purpose only (Image courtesy of Pointe LNG) Pointe LNG, a newcomer to the industry, has signed an engineering and technical services agreement with KBR for its proposed LNG facility in Plaquemines Parish, Louisiana. KBR has been contracted to provide with front end engineering design (FEED) submittals and services required to

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