Ecobunker Shipping, a Japanese owner and operator of LNG bunkering vessels, launched its first unit at the Fukuoka Shipbuilding yard. Courtesy of Ecobunker Shipping The company, a joint venture between Uyeno Transtech, Sumitomo, Yokohama Kawasaki International Port Corporation and the Development Bank of Japan said it held a naming and
Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050
The following article is a guest post by Myles Mantle, a partner specialising in project development and finance at Haynes and Boone, an international commercial law firm, and Shu Shu Wong, an associate at Haynes and Boone. The article examines the UK’s efforts towards reaching net-zero by 2050 and the
Air Products tech selected for Qatar’s LNG expansion project
LNG tech specialist, Air Products, has been selected to provide its equipment for the first phase of Qatar Petroleum’s LNG production expansion project. Courtesy of Air Products On Tuesday, Air Products said it will provide its proprietary AP-X natural gas liquefaction process technology and equipment to Qatargas for the first phase of Qatar
Petrobras starts Bahia LNG terminal lease process
Brazil’s state-controlled oil and gas company Petrobras kicked off the bidding process to lease its Bahia LNG import facility. Courtesy of Petrobras The company is looking to lease the regasification terminal as well as the associated facilities in the state of Bahia. The bidding will be restricted for pre-qualified companies
Sakhalin Energy begins maintenance on Molikpaq offshore platform
Russia’s Sakhalin Energy has started a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform which is one of the Sakhalin-2 production assets. Sakhalin Energy said that over 300 people, including about 160 maintenance contractor personnel, would be involved in this effort. In addition to multiphase separation equipment
Avance Gas sells VLGC Avance
Shell inks charter deals for six LNG newbuilds
The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers. Courtesy of Shell Shell signed separate agreements for two tankers each with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J.P. Morgan Asset Management.
OLT Offshore’s FSRU Toscana receives milestone cargo
OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, reached a milestone at the end of last month. Courtesy of OLT Offshore The operator reached 100 unloadings at the FSRU Toscana with a ship-to-ship operation July 31, 2020. OLT noted the
Jiangnan Shipbuilding wins order for VLGC trio from AW Shipping
Image courtesy: China State Shipbuilding Corporation Chinese shipbuilder Jiangnan Shipbuilding has signed a contract with AW Shipping Limited, a joint venture company between the Abu Dhabi National Oil Company (ADNOC) and Wanhua Chemical for the construction of three 86,000 cbm very large gas carriers (VLGC) with LPG dual fuel. As
Trio joins forces on LNT A-Box-based LNG carrier
Liquefied natural gas technology provider LNT Marine will see its LNT A-Box containment system deployed in a new LNG carrier design. Courtesy of LNT Marine The company signed a joint design project cooperation with Wuhu Shipyard and Shanghai Merchant Ship Design & Research Institute (SDARI). The trio aims to develop