zoomImage courtesy of Gasum Finish energy company Gasum has decided to sell its unit Gasum Tekniika to the industrial maintenance partner Viafin Service. This arrangement is part of Gasum’s strategy of focusing on the development of the gas market and energy infrastructure in the Nordic countries, Gasum said in a statement. The
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer Novatek reported a 6.9 percent increase in production for the year 2018. Novatek’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and
Image courtesy of LNG Croatia Croatian LNG project planned for the island of Krk will proceed regardless of the lack of interest from natural gas buyers. The country’s energy minister, Tomislav Ćorić said the project is among the most important ones for the government noting that it has received the financial
zoomImage courtesy of Venture Global US LNG export project developer Venture Global LNG filed a request with the United States Federal Energy Regulatory Commission seeking ‘urgent action’ on the Calcasieu Pass LNG project in Cameron Parish, Lousiana. According to the company’s filing, it is requesting the commission to approve the
zoomImage courtesy of Ophir Energy London-based Ophir Energy saw its capital expenditure for the year 2018 land at $122 million, well below the guidance of $145 million. The company noted in its operations and trading update that the daily production averaged 29,7000 boe, 8 percent above the guidance. Year-end net debt estimate
Image courtesy of Chevron US-based energy major Chevron has shut down the third liquefaction train at its Gorgon liquefied natural gas (LNG) plant on Barrow Island in Western Australia. Production from the third liquefaction train has been temporarily halted to address a mechanical issue, Chevron spokesperson told LNG World News in
zoomIllustration purposes only (Image courtesy of Skangas) The industry coalition promoting the use of LNG as a marine fuel, SEA\LNG named Société Générale’s Paul Taylor and Capt M. Segar of Singapore’s Maritime and Port Authority as directors. Following elections last December, Tahir Faruqui and Xavier Pfeuty also join the SEA\LNG board
Image courtesy of Woodside Australian LNG operator Woodside has awarded four contracts for front-end engineering design activities for its proposed Scarborough gas project offshore Western Australia. The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines.
zoomImage courtesy of Seadrill Norwegian energy giant Equinor together with its partners Petoro, ExxonMobil and Total, has proven gas and condensate discovery in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent, Equinor said in a statement. Ragnfrid North