New York-based private energy and infrastructure development company Glenfarne Group confirmed it stands behind the acquisition of the Magnolia LNG project in Louisiana. Courtesy of LNG limited Glenfarne noted the acquisition of the project was completed through its newly formed unit Magnolia LNG Holdings. Magnolia LNG is an 8 million
BW’s ME-GI LNG newbuild wrapping up gas trials
BW LNG’s new ME-GI carrier recently left the Daewoo Shipbuilding and Marine Engineering yard in South Korea for gas trials. Image courtesy of BW LNG The vessel is BW’s fifth newbuilding with M-type, electronically controlled, gas-injection propulsion and re-liquefaction system, in a series of nine ships ordered at the Korean
France’s GTT bags German FSRU contract
French LNG containment specialist GTT has won a contract from South Korea’s Daewoo Shipbuilding and Marine Engineering for the Wilhelmshaven FSRU. Image courtesy of LTW The floating storage and regasification vessel will be fitted with GTT’s N096 membrane containment system, the French company said in a statement. GTT did not
Equinor testing new LNG-powered shuttle tankers
Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea. Eagle Blane (Image: Inger Johanne Stenberg/Equinor) The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Teekay’s Altera. Eagle Blane
UK firms break into Chinese renewable energy market
Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China. Aleron Group, Miros Scotland, ZOEX Wave Power, along with Logan Energy, REOptimize Systems, Anakata Wind Power and Blueprint Subsea signed memorandums of understanding during a virtual ceremony hosted in Yantai City,
South Korea to support LNG bunkering vessel build
South Korea has devised a plan to support the construction of a liquefied natural gas (LNG) bunkering vessel. Illustration only (Courtesy of Kogas) According to a notice issued by the Ministry of Trade, Industry and Energy, the government will support a business building LNG bunkering vessels with 15 billion South
Tote Maritime in LNG bunkering milestone
US shipping company Tote Maritime recently completed the 100th bunkering of liquefied natural gas to its containerships in the Port of Jacksonville, Florida. Clean Jacksonville supplies LNG to Tote’s containership (Image: Tote) North America’s first LNG bunkering barge Clean Jacksonville completed the milestone operation on June 3, according to Tote,
Japan’s spot LNG prices hit new lows in May
Prices of spot liquefied natural gas (LNG) imported into Japan have reached their lowest point in May. Courtesy of Tokyo Gas To remind, Japanese Ministry of Economy, Trade and Industry (METI) started compiling the data in March 2014. In its latest monthly report, the ministry noted the contract-based spot LNG
Poland’s PGNiG inks domestic LNG deal
Poland’s dominant gas firm and LNG importer PGNiG has signed a deal with South Korean company LG Chem to deliver chilled fuel and build a small regasification station. Poland’s Swinoujscie terminal receiving its 97th LNG cargo (Image: Polskie LNG) The fuel will supply LG Electronics production plant making electric car
McDermott wraps up Shell job off Sarawak
U.S. engineering and construction services company McDermott International has completed the Pan Malaysia transportation and installation projects offshore Sarawak for Shell and SapuraOMV. The Pan Malaysia transportation and installation projects, awarded in November 2018, included the transport and installation of jackets, topsides, and pipelines for the Gorek, Larak, and Bakong