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
zoomImage courtesy of Inpex Japan’s Inpexsaid its Ichthys liquefied natural gas project in Australia is currently running at 80 percent production capacity. Speaking at an earnings news conference, Inpex’s senior managing executive officer Masahiro Murayama, said the facility is running at the 80 percent production capacity shipping 24 cargoes in
Image courtesy of Klaipedos Nafta Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda jumped during the month of July. The terminal operator Klaipedos Nafta’s data shows that the company’s LNG import terminal and its small-scale LNG facility have regasified and
zoomImage courtesy of Tellurian 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. During the second quarter of the year, the company has signed a deal with Total for the latter to
The Gorgon LNG plant on Barrow Island (Image courtesy of Chevron) U.S. energy giant Chevron and the Gorgon Joint Venture partners have started operation of the carbon dioxide injection system at the Gorgon natural gas facility on Barrow Island, offshore Western Australia. Chevron said on Thursday that, once fully operational,
Illustration; Source: Herbert Engineering Marine engineering design firm Herbert Engineering has completed the concept design for a jumbo ethylene carrier based on the Agility Gas Technologies (AGT). Herbert said that AGT’s technology allows the shipping of high-value gases like ethylene, propylene, and ethane safely and in large volumes. The company
Image courtesy of Enagas Spain’s imports of liquefied natural gas (LNG) jumped 48.9 percent in June when compared to the corresponding month last year, according to the monthly data by the LNG terminal operator Enagás. LNG imports reached some 20.7 terawatt-hours (TWh) in June 2019 as compared to 13.9 TWh
Illustration purposes only (Image courtesy of Tokyo Electric) The price of spot liquefied natural gas contracted and imported into Japan during the month of June increased. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price bumped up to $5.5 per mmBtu, a 1.9 percent