zoomImage courtesy of Novatek Novatek reported a 13.1 percent increase in total hydrocarbons production during the second quarter of 2019. In the second quarter 2019, the company’s hydrocarbon production totaled 149.0 million barrels of oil equivalent (boe), including 18.91 billion cubic meters (bcm) of natural gas and 3,035 thousand tons
Knutsen names LNG carrier newbuild at HHI
zoomImage courtesy of Knutsen Norwegian shipping company Knutsen named its second liquefied natural gas (LNG) carrier newbuild of the year at the South Korean Hyundai Heavy Industries shipyard. The company said through a brief social media statement that the Rias Baixas Knutsen was named the same day its sister vessel,
Toyo Engineering wins Chhara LNG terminal job
Illustration only. Image source: Pixabay under CC0 Creative Commons license. Toyo Engineering India, a unit of Japan’s Toyo Engineering Corporation, has been awarded a project for a new regasification plant from HPCL Shapoorji Energy (HSEPL), at Chhara in Gujarat State on the west coast of India. Toyo-India will execute EPC
I Squared Capital invests in Venture Global LNG
zoomImage courtesy of Venture Global LNG Independent global infrastructure investment manager I Squared Capital has invested $460 million in convertible equity securities in the US LNG project developer Venture Global LNG. The investment is a part of a $675 million equity capital raise by Venture Global LNG made to contribute
Pieridae agrees Goldboro LNG deal extension with Uniper
zoomImage courtesy of Pieridae Energy Pieridae Energy has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. These include expected commercial deliveries of gas to Uniper to start between November 30, 2024 and May 31, 2025, and the extension of the deadline to make a
Prelude FLNG loads second cargo
zoomImage courtesy of GasLog The Hague-based LNG giant Shell is currently loading the second cargo of the chilled fuel from its Prelude FLNG facility located 475 km North East of Broome in Western Australia. In a brief statement through its social media, Monaco-based LNG shipper GasLog showed its tanker Methane
Novatek confirms Achimov gas prospect
Image courtesy of Novatek Russia’s largest private natural gas producer Novatek said that Arcticgas, a joint venture between Novatek and Gazprom Neft, completed a horizontal well number ‘U2802’ targeting the lower Achimov formation at the Urengoyskoye field. An eight-stage hydro-fracturing program was completed utilizing a record-high proppant volume of 2,187
IHI to build two LNG tanks in India
zoomImage courtesy of IHI Japanese engineer IHI Corporation booked an order for an EPC of two above-ground LNG tanks for LNG receiving terminal in India, jointly with a major construction company in India, Afcons Infrastructure. The LNG-receiving terminal will be constructed at the HSEPL site at Chhara Port, Gujarat Province,
McDermott grabs additional NFE work for Qatar Petroleum
zoomIllustration purposes only (image courtesy of Qatargas) LNG contractor McDermott International it has been awarded a sizeable contract by Qatar Petroleum (QP) on the North Field Expansion (NFE) project. McDermott has been contracted to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated
Trelleborg acquires LNG transfer solutions specialist Signum
zoomImage courtesy of Trelleborg Swedish engineering company Trelleborg has, through its Trelleborg Industrial Solutions unit, signed an agreement and finalized the acquisition of the LNG transfer systems provider Signum Technology. The group delivers safety critical solutions for flow control for the oil, gas and petrochemicals industries, such as marine breakaway