Norway-based shipping company Flex LNG has taken the delivery of its first newbuild carrier for this year and expects additional vessels to follow shortly. Image: Flex LNG South Korea’s Hyundai Samho Heavy Industries delivered the 174,000-cbm Flex Aurora on Wednesday. The LNG shipping company controlled by billionaire John Fredriksen said
Danish offshore drilling contractor Maersk Drilling has entered an agreement to invest $1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. The concept builds on proven technology originally developed for the aerospace industry, which is now being deployed in a process
French private equity firm InfraVia Capital Partners has acquired European small-scale LNG player Molgas Energy. Image: Molgas The equity company completed the acquisition via its InfraVia European Fund IV, it said on Tuesday without revealing the financial details of the transaction. However, law firm Ashurst said last month it advised
New Zealand companies HamiltonJet and EV Maritime have signed a memorandum of understanding (MOU) to build advanced composite, battery-powered commuter ferries. The cooperation was formalised at HamiltonJet’s Christchurch headquarters in May, in the presence of Megan Woods, New Zealand’s Minister of Energy & Resources and Minister of Research Science &
US company Great Lakes Dredge & Dock has secured a subcontract from engineer Bechtel for the third jetty at Cheniere’s Sabine Pass LNG export terminal in Louisiana. Sabine Pass LNG terminal (Image: Cheniere) The subcontract involves dredging works for the third marine berth at Sabine Pass. Cheniere is expanding its
Taiwan’s CPC has awarded French Sofregaz the front-end engineering and design contract for the third expansion phase of its Taichung LNG import terminal. Image: Sofregaz Besides the FEED, the deal also includes project management consultancy (PMC) services, Sofregaz said in a statement. Phase 3 expansion will see the addition of
France-based Total said Tuesday it has delivered it first LNG cargo to Chinese state-owned utility Guangdong Energy at the Zhuhai import terminal in Guangdong. Image: Total Guangdong Energy is the largest power generation company in the southern Chinese province, with more than 32 GW installed. “We are fully committed to
Spanish LNG terminal operator Enagas reported a 9.4 percent profit rise in the first half as its regasification plants continued to operate as usual during the Covid-19 pandemic. Image: Enagas The company said profit after tax in the January-June period increased to 236.3 million euros ($276.9 million). This compares to
The leaders of the three Scottish island councils recently welcomed the Scottish and UK governments’ award of £100 million in funding as part of the Islands Growth Deal. EMEC/OIC The money goes to Orkney, Shetland and the Western Isles. The multimillion pound deal will provide investment for local projects across
