Norwegian energy giant Equinor and U.S. LNG exporter Cheniere have signed a 15-year purchase agreement of around 1.75 million tonnes of LNG per year starting from 2026. Courtesy of Maran Gas This new sales and purchase agreement (SPA) will add new volumes to Equinor’s gas portfolio of pipeline gas and
U.S. liquified natural gas exporter Freeport LNG will shut down its export facility in Texas for at least three weeks because of an explosion incident. Courtesy of Freeport LNG According to Reuters, Freeport LNG informed about this late on 8 June 2022, after evaluating damage to the facility. The facility
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won an order for two LNG carriers from Greece-based shipping company Maran Gas Maritime, a subsidiary of the Angelicoussis Group. Photo: DSME The order has a value of KRW 585.1 billion (about $466 million). The ships will be built at
Shanghai-based firm Wison Offshore & Marine and the American Bureau of Shipping (ABS) have signed a memorandum of understanding (MoU) to develop floating liquefied natural gas (FLNG) facilities worldwide. Wei Huaqing, assistant president of WOM; Cruise-Feng Li, Hub Division manager, Energy Industries Division, China, ABB; Courtesy of ABB By optimising
Shipping company Capital Product Partners (CPLP) will buy the 174,000 cbm LNG carrier Asterix I, under construction at Korean shipyard Hyundai Heavy Industries, bringing its fleet to seven LNGCs. Illustration only; Courtesy of Capital Gas On 7 June, the Marshall Islands partnership announced that it has agreed to exercise its right
Greek ship management company Capital Ship Management (Capital) and classification society Lloyd’s Register (LR) have agreed to trial the use of biofuels in a new pilot project to support the maritime industry’s research for low to zero-carbon fuels. The trial is said to be in line with the International Maritime Organisation’s
U.S. LNG project developer NextDecade has announced that its chief operating officer (COO) will depart from the company effective 10 June 2022. Courtesy of NextDecade On 8 June, NextDecade said in a statement that its COO Ivan Van der Walt will leave the company to pursue other opportunities. The company says
South Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle (AIP) from the classification society American Bureau of Shipping (ABS) for its design of an ammonia-fueled Neo-Panamax container vessel. The approval was presented at the Posidonia International Shipping Exhibition. It confirms the design has been reviewed by ABS
Estonia’s natural gas system operator Elering said its partner Connecto AS started construction of the pipeline connection for the future Paldiski LNG terminal. Courtesy of Elering Paldiski LNG terminal is a proposed FSRU-based LNG import terminal. Estonian energy company Alexela is partnered with compatriot investment firm Infortar on the terminal. The
Norway’s Ministry of Petroleum and Energy has received applications from three companies interested in securing space for possible future CO2 storage on the Norwegian continental shelf (NCS). Source: Norwegian Petroleum Directorate (NPD) – Illustration only The companies that applied for a permit by the deadline of 1 June are TotalEnergies