Malaysian liquefied natural gas shipping firm MISC has appointed former minister Tan Sri Noh Omar as its new chairman. LNG carrier Seri Cempaka (Image: MISC) Noh takes over as chairman from Datuk Ab Halim Mohyiddin who remains as an independent and non-executive director of the shipping company. The appointment of
The Singapore-registered project development company, Delta Offshore Energy, has taken further steps in the development of its Bac lieu LNG-to-power project in Vietnam. Image courtesy of DeltaOE Delta Offshore Energy joined a government working meeting in Bac Lieu Province with a delegation of national stakeholder representatives. The purpose of the
Siemens Gas and Power said it has won a contract to supply equipment for the Petronas-operated Kasawari gas field development in the South China Sea, offshore Sarawak in Malaysia. SGT-300 gas turbine (Image: Siemens) Under the deal, the unit of German industrial conglomerate Siemens will provide three SGT-300 industrial gas
France’s Dunkirk liquefied natural gas import terminal is now offering truck loading services following the start of operations at its newly built loading bay. Image: Dunkerque LNG The LNG truck loading bay entered into service on June 1 and offers a loading capacity of 3,000 slots per year. Dunkerque LNG,
Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Image courtesy of Svitzer Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one
Nigeria’s six-train liquefied natural gas plant on Bonny Island suffered an operational trip mid-May. Courtesy of Nigeria LNG In a brief statement, Nigeria LNG noted that the trip resulted in the temporary loss of power at the plant. According to the company, there was no injury or damage to the
The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012. Demand in summer 2020 expected to fall 2.7 per cent or 3 million tonnes (Mt) year-on-year, says the consultancy Wood Mackenzie. Lockdown measures and negative economic outlook stemming from the coronavirus pandemic
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks. On 29 May 2020, HHI signed an agreement in Seoul with South Korea state bank KDB; its affiliate KDB Capital; Industrial and
Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. Image courtesy of DSME LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This
The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings. To remind, Meridian Holdings is proposing the development of a floating storage and regasification unit (FSRU) project in Barrow-in-Furness, northwest England. InfraStrata has now