Image courtesy of Golar LNG Golar LNG’s joint venture with Stonepeak Infrastructure Partners, Golar Power Limited, has reached COD on the 1.5GW Porto de Sergipe I power project. On March 21 Golar Power received its commercial operations certificate from the Brazilian Electricity Regulatory Agency ANEEL, allowing the commercial operations to
Illustration purposes only (Image courtesy of Nauticor) Hamburg-based Nauticor, a Linde Group Company said that the world’s largest LNG bunker vessel Kairos completed the second LNG ship-to-ship bunkering operation in the port of Rostock. The vessel supplied liquefied natural gas to DEME’s offshore installation vessel Orion, the company said in
Image courtesy of Svitzer Towage specialist Svitzer, a part of Maersk, has bagged a ten-year extension of its marine service deal with Sakhalin Energy, the operator of the Sakhalin 2 project. The facility, set up to export oil and LNG, is Russia’s first liquefied natural gas export facility with a
zoomImage courtesy of Woodside The value of Australia’s LNG exports is forecast to decline to $49 billion in 2019–20 and fall back further to $44 billion in 2020–21, in real terms, driven by declining oil-linked contract prices. Australia’s LNG export earnings are projected to remain in the $44 to $47
zoomImage courtesy of Total French energy and LNG giant Total has decided to reduce operating costs and spending to help mitigate the impact of the coronavirus outbreak and oil price downturn. With this move, Total is joining a growing number of energy companies, such as Shell, doing similar measures to
Image courtesy of Polskie LNG Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Monday. It was the 88th delivery since the project started operation, Polskie LNG said in a brief statement through its social media channels. It
zoomImage courtesy of Santos Australian LNG player Santos has decided to cut its spending by $550 million in 2020 in response to the current environment. The company added that in addition to the 38 percent capital expenditure cut it will also reduce its 2020 production costs by $50 million and
Image courtesy of Wärtsilä Norway’s Eidesvik Offshore will see Viking Princess, its LNG-fueled offshore supply vessel, return early from its deployment for Ithaca Oil and Gas. The vessel, the first-ever offshore supply vessel in which batteries reduce the number of generators aboard the ship, was serving a one-year deal with