Oil Search in $700 million equity raising
MAN Energy Solutions names new CFO
7
Apr
Image courtesy of MAN Energy Solutions MAN Energy Solutions has appointed Jürgen Klöpffer as its chief financial officer, replacing the outgoing Peter Park. Klöpffer will also join the company’s executive board on June 1. MAN Energy Solutions noted that Peter Park is leaving the company after 13 years for personal
France’s GTT appoints deputy CEO
7
Apr
zoomImage courtesy of GTT French liquefied natural gas containment specialist GTT has appointed Eric Dehouck as deputy chief executive officer. Dehouck will support the acceleration of GTT’s development and will assist Philippe Berterottière in his responsibilities as chairman and CEO of GTT, the company said in a statement. Dehouck brings
LR picked for LNG Canada third-party verification job
7
Apr
zoomIllustration purposes only (Image courtesy of LNG Canada) Classification society Lloyd’s Register (LR) has signed a 55-month LNG contract to support LNG Canada with the construction and delivery of its liquefaction plant and export terminal located at a site in Kitimat, BC, Canada. The contract is for third party verification
Hoegh LNG suspends dividends and cuts costs
7
Apr
zoomImage courtesy of Hoegh LNG Norway’s Hoegh LNG will stop paying dividends to investors as part of a move in reducing costs due to the uncertain environment caused by the coronavirus pandemic. Hoegh’s board has decided to suspend dividends, bonus scheme for executive management and onshore personnel until further notice,
Qatargas using boil-off gas to power LNG carriers
6
Apr
Image courtesy of Qatargas LNG producing giant Qatargas has started a programme to utilise boil-off gas to power its chartered liquefied natural gas vessels during unloading operations at Japanese LNG terminals. The programme is being implemented with the cooperation of Qatargas’ Japanese buyers, the Qatari company said in a statement
US, Qatari LNG cargoes heading for UK
Origin sees not material impacts of COVID-19 to date
6
Apr
zoomImage courtesy of Origin Energy Australia’s top power and gas retailer, Origin Energy, noted that to date there has been no material impact on the company’s energy supply operations amidst the COVID-19 outbreak. Most of Origin’s workforce is working from home and only roles critical to maintaining energy supply remain
Tallink Grupp to kick off new LNG-powered ferry construction
6
Apr
zoomImage courtesy of Tallink Grupp Estonian shipping company Tallink Grupp said the construction of Tallink Grupp’s newest LNG-powered shuttle ferry, MyStar will begin at the Rauma Marine Constructions (RMC) shipyard in Rauma, Finland. The construction will begin with a steel cutting event, which, in keeping with the current coronavirus situation
MAN dual-fuel engines hit million-hours milestone
6
Apr
zoomImage courtesy of MAN Energy Solutions MAN Energy Solutions’ portfolio of two-stroke, dual-fuel engines, running on clean fuels such as LNG, LPG, ethane and methanol, has hit a milestone accumulating 1 million operating hours. The milestone comes on the back of the 300 engines/6.3 GW sales the company recently reached