Illustration purposes only (Image courtesy of TechnipFMC) TechnipFMC said it is on track to separate into two companies, TechnipFMC and Technip Energies, in the first half of 2020. The company anticipates completing the transaction in the second quarter of 2020 and intends to host a Capital Markets event in Paris
Wärtsilä tech ordered for MSC Cruises’ LNG-fueled liners
zoomImage courtesy of Wärtsilä The Finnish technology group Wärtsilä has been contracted to supply solutions to Chantiers de l‘Atlantique, France, for the first two World Class cruise vessels being built for Geneva, Switzerland-based MSC Cruises. The ships will operate on LNG fuel and will be the first two cruise ships
U.S. weekly LNG exports slip
Image courtesy of Cheniere Exports of liquefied natural gas from the United States’ facilities dropped over the week between January 9 and January 15. According to the data from the Energy Information Administration (EIA) shows that a total of 14 vessels departed from the export plants. Out of the fourteen
Shell plans expansion of German Bio-LNG station network
Illustration purposes only (Image courtesy of Shell) The Hague-based LNG giant Shell is planning to push for further decarbonization of heavy-duty transport in Germany by expanding its LNG station network to 35-40 facilities. Shell said that the initiative is providing the transport industry the opportunity to cut its CO2 footprint.
Fluxys reports record activity at Zeebrugge LNG
Image courtesy of Fluxys Belgium – P. Henderyckx The Zeebrugge LNG terminal operator Fluxys said that the facility has reported a record activity levels in 2019. In a brief statement through its social media channels, Fluxys said the facility completed 130 operations in total over the past year. This compares
Noble Energy: Leviathan gas starts flowing to Israel, Jordan and Egypt
zoomImage courtesy of Noble Energy U.S. oil and gas company Noble Energy noted that the Leviathan field off Israel started first natural gas sales on December 31, 2019. All four wells and both subsea flowlines are currently fully operational, with well productivities in line with or better than pre-production expectations.
Woodside reports higher fourth-quarter revenue
Image courtesy of Woodside Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter on the back of strong performance from its Greater Enfield project. The company reported sales revenue of $1.3 billion, up 12 percent from the previous quarter when the company reported a sales
Polish LNG terminal receives 80th cargo
Image courtesy of Polskie LNG Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Wednesday. Polish LNG terminal operator, Polskie LNG, said via social media that the 80th cargo delivery came to the facility onboard the liquefied natural gas carrier
Japan’s December spot LNG prices rise
Illustration only. Image source: Pixabay under CCO Creative Commons license. Spot liquefied natural gas (LNG) prices imported and contracted in Japan during the month of December edged up over the previous month. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price in December was
Novatek reports higher production in 2019
zoomImage courtesy of Novatek Novatek, Russia’s largest independent natural gas producer, reported a jump in its 2019 production compared to the previous year. The company noted in its report on Wednesday that the hydrocarbon production totaled 590.1 million barrels of oil equivalent (boe), including 74.70 billion cubic meters (bcm) of