Liquefied natural gas (LNG) containment specialist GTT signed a technical services agreement (TSA) with the Hong Kong-based Fleet Management. Courtesy of Fleet Management Under the TSA GTT will support the ship management company with shipbuilding supervision, maintenance and operation of the vessels they manage. GTT added the agreement includes technical
Minerva Gas, the Greek LNG carrier owner and operator, has launched its newbuild vessel at Samsung Heavy Industries in South Korea. Courtesy of Minerva Gas The vessel, Minerva Kalymnos is capable of transporting 174,000 cubic meters of liquefied natural gas. The company noted in its statement SHI performed the launching
Golar Power has executed a memorandum of understanding with Norsk Hydro to develop the first LNG terminal in the North of Brazil. Illustration only. Courtesy of Golar LNG According to Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, this is a major step towards one of
Seven months into the implementation of the IMO 2020 sulphur cap, which shaped a monumental shift for the shipping industry to less-polluting fuels, the issues with regard to the quality of bunkers persis, despite being sidetracked by the COVID-19 pandemic. Speaking in a recent webinar hosted by Capital Link, Nikolas
Polish gas grid operator Gaz-System has launched a non-binding Market Screening for new transmission capacities as well as new regasification capacities of planned FSRU LNG terminal. Illustration only. Courtesy of Polskie LNG Commissioning of the facilities is expected for 2026/2027 prospective, the company said in its statement. Gaz-System added the
China, the world’s largest energy consumer, boosted its imports of liquefied natural gas by 29.2 percent in June. Q-Flex vessel at the ENN Zhoushan LNG terminal in China (Image: Qatargas) LNG imports totalled 5.79 million tonnes last month, data from the General Administration of Customs showed on Tuesday. In the
Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis. However, suppliers could diversify some oil and gas capabilities and replace up to 40 per cent of 2019’s revenue by servicing the renewable markets,
US LNG export player Tellurian is considering changes to its $28.9 billion Driftwood project and has in the meantime sold a cargo of chilled fuel to an undisclosed buyer. Image: Tellurian The company has been hitting the media headlines this week as it reportedly renewed talks with India’s Petronet regarding