Oil major and LNG giant Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter amid lower oil price environment but the oil major decided to increase its dividend. Shell on Thursday said that the income attributable to its shareholders was $0.5 billion for
The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast has been granted a permit to postpone the start of construction. Courtesy of Woodfibre LNG In its notice, the Environmental Assessment Office noted the deadline for the construction stat is October 26, 2025. The initial
Avenir LNG said its recently delivered LBV Avenir Advantage has been delivered to its owner, Future Horizon. Courtesy of Avenir LNG Avenir LNG, a joint venture between Stolt-Nielsen, Hoegh LNG and Golar LNG, reminded the vessel has been chartered to Petronas for a three-year period. Avenir Advantage, a dual-purpose LNG
French liquefied natural gas containment systems specialist GTT has secured a new order for its tank design. Courtesy of GTT/Roland Mouron The company has been contracted by the Russian shipyard, Zvezda Shipbuilding Complex to design tanks for ten ARC7 ice-breaking LNG carriers. While GTT did not unveil the name of
The Maritime and Port Authority of Singapore (MPA) revealed plans to double the number of liquefied natural gas (LNG) bunker suppliers by February 2021. On 28 October 2020, MPA launched a request for proposal (RFP) for companies seeking to supply LNG bunker in the Port of Singapore. As informed, MPA
Mitsubishi Corporation and Air Water have jointly developed a compact LNG filling unit that can be used in space-limited logistics facilities. Courtesy of Mitsubishi Corporation The equipment will be used to fuel heavy LNG-powered trucks, Mitsubishi Corporation said in its statement. This is the first portable filling system in Japan
In its bid to reduce greenhouse gas emissions in maritime transportation, Total has chartered four LNG-fueled Aframax-type vessels. Courtesy of Total The company said on Wednesday the vessels, each with a capacity of 110,000 tons of crude oil or refined products, will be delivered in 2023 and will join the
First digital edition sees thousands of participants join in live talks shows, interviews and showcases After two days of talk shows, round tables and networking, the 13th Offshore Energy Exhibition & Conference has successfully wrapped up its first virtual edition. Thousands of viewers, partners and clients participated in over 45