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Lundqvist Rederierna orders LNG-powered Aframax

16 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Finnish shipping company Lundqvist Rederierna has ordered a liquefied natural gas-powered Aframax tanker from Japan’s Sumitomo Heavy Industries. Alfa Finlandia (Image courtesy of Lundqvist Rederierna) The 112,000-deadweight-tonnage ship is scheduled for delivery by January 2022, according to Lundqvist Rederierna. Lundqvist Rederierna did not reveal the price tag of the order

Woodside’s Q1 revenue slips, production up

16 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Australia’s Woodside Petroleum saw its revenue slip in the first quarter of the year. The LNG major reported sales revenue of $1.07 billion for the quarter under review. This is 21.1 per cent below the $1.36 billion from the corresponding quarter in 2019. It is also 23.6 per cent below

Santos to sell Barossa stake to Jera

16 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Australia’s Santos said Thursday it had signed a letter of intent to sell a 12.5 per cent stake in the Barossa project to Japan’s LNG trading giant JERA. Image courtesy of Santos The Barossa gas field in northern Australia is being developed to secure feed gas for the Darwin LNG

Baleària’s earnings rise in 2019

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent. According to the figures recorded in the tenth Corporate Social Responsibility and Sustainability Report for 2019 released by the company this month, the shipping line registered a turnover of EUR 452 million last year. The

Monjasa reaps fruit from IMO 2020 preparations

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric tons

QP starts North Field drilling campaign as part of LNG expansion

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up rig

Anthony Veder, BV complete survey using augmented reality

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Dutch gas and LNG carrier operator Anthony Veder and classification society Bureau Veritas have completed a pilot for “live remote class surveys” using a wearable device and augmented reality technology. The companies said in a statement that success of this pilot opens up the way for fully remote class surveys

ABB to power Singapore’s LNG hybrid tug

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Swiss engineering group ABB is providing electric propulsion, storage and other technology for what is claimed to be the first tug in South Asia capable of switching between LNG and battery power. The tug, which will operate in Singapore harbor, has been ordered by Sembcorp Marine subsidiary Jurong Marine Services.

TMS Cardiff Gas takes delivery of new LNG tanker

15 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Greece-based LNG shipping company TMS Cardiff Gas said it has taken delivery of a brand new liquefied natural gas carrier. Image courtesy of TMS Cardiff Gas The tanker named Amberjack LNG was delivered to her charterer, one of the major gas companies, on Tuesday, according to TMS Cardiff Gas. Amberjack

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