German energy infrastructure provider Friedrich Vorwerk Group has won the major contract for the realisation of the connecting pipelines for the Brunsbüttel LNG terminal. Courtesy of German LNG Terminal The contract has a total volume of more than € 120 million ($120.1 mln). It will be implemented by an equal
South Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for three new LNG carriers from the French LNG containment specialist GTT. Illustration. Courtesy of SHI On 11 July, GTT announced that it has received, in the second quarter of 2022, an order from its partner the Korean
U.S. energy company New Fortress Energy (NFE) has awarded a full notice-to-proceed (FNTP) contract to Texas-based engineering firm Fluor for the engineering, procurement and fabrication management of the NFE Fast LNG 2 project. A midscale LNG plant installed on three fixed jacket offshore platforms; Courtesy of Business Wire Fluor Corporation revealed
The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world
Lithuanian operator of oil and liquefied natural gas (LNG) terminals, KN (Klaipėdos Nafta AB), has signed a letter of intent with two companies in the Polish Orlen group, Orlen Neptun I and Energa Wytwarzanie, on cooperation in providing operation and maintenance (O&M) services for offshore wind farms in Lihtuania. “The
African bank Afreximbank has executed a head of terms with UTM Offshore to partially finance a floating liquefied natural gas (FLNG) project in Nigeria. Illustration courtesy of JGC Corporation UTM Offshore is leading the development of Nigeria’s first FLNG in collaboration with LNG Investment Management Services, a unit of NNPC. The facility
Renewable Energy Agency (IRENA), an intergovernmental organisation aiming to promote renewable energy, sees the green hydrogen trade as significantly contributing to a more diversified and resilient energy system. Illustration; Courtesy of IRENA New IRENA reports say the green hydrogen trade can provide a low-cost alternative that diversifies energy imports and
Norwegian carbon tech company Horisont Energi said that the Barents Blue project has awarded an extended concept study contract to Italian oilfield contractor Saipem, which will cooperate with technology licensor Haldor Topsoe. Courtesy of Horisont Energi The Barents Blue prject will use natural gas from the Barents Sea to produce ammonia. It
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by one vessel from last week, while the Henry Hub spot price decreased to a monthly average. Courtesy of Cheniere In the latest Short-Term Energy Outlook for the week between 30 June and 6 July, EIA