Courtesy of Woodside Australia’s Woodside is postponing final investment decisions for its Scarborough, Pluto Train 2 and Browse liquefied natural gas growth projects worth more than $50 billion in a response to the oil price crash and the COVID-19 pandemic. Woodside announced a number of measures on Friday which include
Höegh bumps FSRU Independence funds, nabs LNG carrier deal
zoomImage courtesy of Höegh LNG Höegh LNG has secured an extension and upsizing of its FSRU Independence debt facility as well as an interim time charter for one of its vessels. The company received a commitment letter from five of its relationship banks for the amendment and extension of the
“Satisfactory” capacity interest in Greek offshore LNG terminal
zoomImage courtesy of Gastrade Gastrade of Greece, the developer of a planned offshore liquefied natural gas import terminal at Alexandroupolis, said Thursday that gas firms have submitted “satisfactory” binding bids to reserve regasification capacity at the facility. Key gas market players in Greece and southeast Europe, as well as end-users,
KN: Covid-19 not affecting LNG terminal operations
Image courtesy of Klaipedos Nafta Klaipedos Nafta, Lithuanian oil and LNG terminal operator, said that the Covid-19 effects have not slowed down operations. In its statement, Klaipedos Nafta said that during the past week two oil tankers and two LNG cargoes were accepted at its terminals with further two LNG
Fluxys’ 2019 profit boosted by rising LNG terminal activity
zoomImage courtesy of Fluxys Belgian gas infrastructure company and Zeebrugge LNG terminal operator, Fluxys, posted a rise in profit as the liquefied natural gas import facility reports record activity. Fluxys reported a profit of €69.5 million in 2019, a €15 million increase compared to the year 2018. Zeebrugge LNG terminal
MAN to build liquefied methane terminal in Oxelösund, Sweden
Image courtesy of MAN Energy Solutions MAN Cryo, a MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer, has been contracted to develop a liquefied methane terminal in Oxelösund, Sweden. OxGas, a company fully owned by the Port of Oxelösund, has commissioned MAN Energy Solutions to act as ‘owners engineer’ in the
Canada’s Woodfibre LNG pushes back construction start
Courtesy of Woodfibre LNG The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast are pushing back the start of construction. Woodfibre LNG, owned by Pacific Oil & Gas, planned to start construction on a 2.1 million metric tonnes per annum LNG terminal and associated
NV5 secures LNG deals with Eastern US natural gas utilities
Image courtesy of NV5 Global Florida-based NV5 Global, the provider of professional and technical engineering and consulting solutions, secured LNG jobs worth $8 million with two Eastern U.S. natural gas utilities. NV5 said it was awarded a $6 million engineering procurement construction (EPC) contract for an LNG facility vaporization system
Oceaneering bags FLNG job from Golar
zoomImage courtesy of Oceaneering Offshore services provider Oceaneering International has been contracted by Golar LNG to provide FLNG maintenance and inspection program. The company noted in its statement that the work started in January 2020. The scope includes an asset register build, a full maintenance build program, a risk-based inspection
Russia’s Sakhalin plant ships milestone LNG cargo
Image courtesy of Gazprom Russia’s Sakhalin-2 liquefied natural gas (LNG) export terminal, operated by energy giant Gazprom, has loaded a milestone cargo at its facility in the port of Prigorodnoye. The milestone 1,800th LNG cargo was loaded on Wednesday onto the Hyundai Aquapia LNG carrier. The cargo, purchased by LNG