The North West Shelf liquefied natural gas project could have 7 mtpa of capacity available by 2027, 40 per cent of its nominal capacity. Courtesy of Woodside Wood Mackenzie noted decisions have to be made soon in order procure backfill resources for the project. The Woodside-operated five-train NWS facility has
Anglo-Dutch energy giant Shell has signed a supply deal with Hungary to supply the nation with LNG via the upcoming Croatian Krk import terminal. Works nearing completion on first Croatian FSRU (Image: LNG Croatia) Under the deal, Hungary will buy 250 million cubic metres of gas equivalent per annum for
Malaysian energy giant Petronas dropped to a loss in the first six months of the year. The company noted the results reflect the uncertainties faced by the oil and gas industry as it was further compounded with the effect of weak demand caused by global lockdowns and movement restrictions, excess
Siemens Energy, lead contractor for the construction of National Grid’s Viking Link interconnector project in Lincolnshire, has installed a zero-emission hydrogen fuel cell to provide off grid power to the project’s construction site for the first time. Off grid power is necessary as this site won’t have a grid connection
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has expanded its fleet with the addition of Flex Resolute. Courtesy of Flex LNG The vessel, capable of transporting up to 173,400 cubic meters of the chilled fuel was delivered on Friday by the South Korean shipbuilder Daewoo Shipbuilding &
Image courtesy: NYK Japanese shipping major NYK has named its first large scale LNG-fuelled vessel built at a domestic yard, the company said. The vessel, named Sakura Leader, is a car carrier, built by Shin Kurushima Toyohashi Shipbuilding and is scheduled for delivery in October 2020. The ship’s design maximizes
Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its second-quarter profit. Courtesy of Dynagas LNG Partners Net income for the quarter reached $6.4 million which compares to a net income of $0.9 million in the corresponding quarter last year. The rise in profit was
A number of Japanese energy companies have joined forces in developing a hydrogen supply-chain in the Kobe/Kansai area. Illustration only (Courtesy of MHI) In its statement, Kawasaki Kisen Kaisha (K Line) noted that the companies have, together with other companies, founded the Kobe/Kansai Hydrogen Utilization Council. The companies currently involved
Singapore-based ship management company Eastern Pacific Shipping (EPS) has won a deal with BHP to charter five LNG dual-fuel Newcastlemax bulk carriers. The contract is being awarded as part of the tender BHP released in July 2019, seeking vessels to cut greenhouse gas (GHG) emissions by more than 30 percent
SapuraOMV Upstream has started production from its operated Bakong gas field project under the SK408 Production Sharing Contract (PSC) in Malaysia. The production phase started in June 2020. This follows the successful production from SapuraOMV‘s Larak gas field, which started in December 2019 and the start-up of the Shell-operated Gorek