Italian oilfield services provider Saipem has received a letter of award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located offshore Qatar, worth approximately $1.7 billion. The scope of work encompasses the Engineering, Procurement, Construction and Installation of various offshore facilities for the extraction and
Higas granted Reganosa the contract to operate and maintain the new LNG import, storage, and distribution terminal in the port of Oristano, Sardinia (Italy). Courtesy of Reganosa The Higas plant consists of a dock capable of receiving ships of up to 20,000 cubic metres, an unloading arm, six horizontal cryogenic
Japan Petroleum Exploration (JAPEX) said it has continued the supply of regasified natural gas from Soma LNG terminal to the adjacent Fukushima power plant. Courtesy of JAPEX To remind, both facilities have been shut down due to a 7.3 magnitude earthquake that hit Japan on February 13. With the resumption
India’s liquefied natural gas (LNG) import slipped during the first month of 2021. Courtesy of Petronet LNG Data from the oil ministry’s Petroleum Planning and Analysis Cell monthly report shows that January LNG imports reached 2.40 billion cubic meters. This is a 14.3 per cent drop compared to the corresponding
The Nordic energy company Gasum has signed agreements to build a customer terminal in Vaskiluoto in Vassa enabling the supply of LNG to Wasaline and Wärtsilä’s new Smart Technology Hub. Courtesy of Gasum The deal was signed with Wärtsilä, the Finish City of Vaasa, and Wasaline’s parent company, NLC Ferry.
State-run Qatar Petroleum signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Vitol. Courtesy of Qatargas Under the agreement, Qatar Petroleum will supply 1.25 million tons per annum (MTPA) of liquefied natural gas (LNG) to Vitol’s final customers in Bangladesh. LNG deliveries will commence later this
Temasek-owned Pavilion Energy has signed a six-year LNG supply deal with Chevron. Courtesy of Pavilion Energy Under the agreement, Chevron will supply 0.5 million tonnes of LNG per annum to Singapore over the six-year term starting in 2023. Each LNG cargo delivered under this agreement will be accompanied by a
US LNG export project developer, Tellurian has reduced its debt by $57 million. Courtesy of Tellurian The company said it has made a voluntary principal prepayment of $43 million on its 2018 term loan. The debt prepayment was funded using cash on hand and from its upstream unit, Tellurian Production
Marine engine developer WinGD updated its X72DF dual-fuel engine platform with four versions to provide ship design flexibility while reducing installed power and emissions. X72DF engine; courtesy of WinGD The X72DF accounted for every low-speed engine ordered for a newbuild LNG carrier in 2020. It is also applicable on Suezmax
Belgium’s Fluxys has kicked off a one-year trial of KU Leuven hydrogen panels on the roof of its Anderlecht lab. Courtesy of Fluxys KU Leuven, a research university in Leuven in Flanders, Belgium, first publicly presented their innovative hydrogen panels in 2019 as a highly efficient means of producing green