Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement. Courtesy of Klaipedos Nafta Klaipedos Nafta has been leasing FSRU Independence since 2014 from Höegh LNG. The Norweigan company won an international tender for the supply of a storage …
Greek shipowner Avin International has taken delivery of Kriti Future, the first ammonia-fuel ready vessel in the world. The delivery ceremony for the 274-meter-long tanker took place at New Times Shipbuilding on 10 January 2022. The tanker was launched in October 2021. Photo: New Times Shipbuilding The ABS-classed Suezmax was …
Fund for Export Development in Africa (FEDA), a subsidiary of African bank Afreximbank, has invested in Ecow-Gas, an LNG distribution infrastructure platform in the West Africa region. Illustration only; Courtesy of Kawasaki Heavy Industries The industrial sector in Africa has problems with energy shortages and high production costs. There are also inefficient …
U.S. LNG project developer Venture Global LNG has started with LNG production at its new Calcasieu Pass export facility in Louisiana on 3 February 2022. Illustration only, Calcasieu Pass LNG site (Courtesy of Venture Global) Venture Global LNG plans for Calcasieu Pass LNG to export 10 million tonnes per year …
Liquified natural gas (LNG) exports from the U.S. decreased this week, while Henry Hub prices went up, the Energy Information Administration (EIA) reported this week. Courtesy of Cheniere As per the latest Short-Term Energy Outlook from EIA, U.S. LNG exports decreased for the period between 27 January and 2 February …
Germany-based green H2 production company Hy2gen and Swiss commodity trader Trafigura plan to produce green ammonia as a fuel for the maritime sector in the southwestern coast of Norway. Courtesy of Trafigura Iverson eFuels green ammonia production facility will be owned by Hy2gen, Trafigura, and Copenhagen Infrastructure Partners (CIP). The …
Luxembourg-based shipping company CLdN ro-ro has ordered two hybrid 8,000 lane meter roll-on/roll-off (RoRo) vessels from South Korean shipbuilder Hyundai Mipo Dockyard (HMD). Photo: CLdN The duo signed a shipbuilding contract on 1 February 2022. Both vessels will be delivered in the first half of 2025, CLdN ro-ro said. As …
German oil and gas company Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production, effective as of 1 January 2022, due to its focus on natural gas as part of the company’s energy transitions strategy. Wintershall Dea announced on Thursday …
Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems. Courtesy of Innova Specifically, the companies conducted validation testing of Teledyne’s Subsea Fuel Cell Supercharger, a hydrogen and oxygen fuel cell electric power source designed to operate …
Russia’s natural gas producer Novatek has secured DNV international certification for long-term CO2 underground storage sites in the Yamal and Gydan Peninsulas. Courtesy of Novatek Specifically, Novatek obtained the first of three stages of the international certification. In addition, it obtained site feasibility certificates for further study of the sites …