Image courtesy of Containerships Qatar eyeing orders for 60 new LNG tankers South Korean shipyard are bracing for a jump in liquefied natural gas (LNG) shipbuilding contracts from Qatar. WoodMac: FLNG industry growth facing headwind Floating liquefied natural gas industry is expected to continue its growth in the future, however,
Chevron posts rising profit
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, Reported a rise in the fourth quarter and full-year 2018 profit. For the fourth quarter, Chevron’s profit reached $3.7 billion, up from $3.1 billion in the corresponding quarter of 2017. For the twelve
Anadarko firms up Mozambique LNG sale deal with CNOOC
US LNG exports rise on week despite lower feedstock delivery
zoomImage courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States increased week on week despite a drop in natural gas feedstock deliveries. According to the weekly report by the Energy Information Administration, seven LNG vessels with a combined LNG-carrying capacity of 25.5 BIllion cubic feet departed the United
ExxonMobil boosts growth plans with organizational changes
zoomImage courtesy of ExxonMobil US energy giant ExxonMobil said it will streamline its upstream organization and centralize project delivery across the company to support plans to double operating cash flow and earnings by 2025. The reorganization will be effective April 1 and involve the creation of three new upstream companies, ExxonMobil
ABS approves two DSIC LNG-powered ship designs
zoomFor illustration purposes only (Image courtesy of ABS) American Bureau of Shipping (ABS) granted approval in principle to two liquefied natural gas (LNG)-powered designs from China’s Dalian Shipbuilding Industry Group. DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC), according to
ABS launches unmanned LNG tank barges guide
zoomImage courtesy of ABS American Bureau of Shipping (ABS) released its ‘Guide for Building and Classing Liquefied Gas Tank Barges with Remote Control and Monitoring of Essential Systems. The guide provides requirements for the design and construction of barges equipped with various degrees of automation, remote control and monitoring of essential
Sempra’s Port Arthur LNG granted environmental clearance
zoomArtist rendering of Port Arthur LNG facility (Image courtesy of Port Arthur LNG) U.S. energy company and LNG operator Sempra Energy said its Port Arthur LNG project in Jefferson County, Texas was granted the final environmental impact statement from FERC. In addition to the Port Arthur LNG project approval, the Federal Energy Regulatory Commission
Total to deliver spot LNG cargo to Lietuvos Energijos Tiekimas
Image courtesy of LTE Lithuania’s gas and electricity supplier, Lietuvos Energijos Tiekimas (LET) has secured a spot LNG cargo from France’s Total. LET said in a statement this marks Total’s entry into the circle of liquefied natural gas suppliers to Lithuania. “Totalʼs LNG cargo will diversify LET’s gas portfolio and
Connect LNG performs new UTS test in Norway
zoomImage courtesy of Connect LNG Norway’s Connect LNG conducted another offshore marine operation with the UTS jettyless transfer system La Santa Maria, together with the Spanish utility company, Naturgy, and the Norwegian energy company, Equinor. The operation took place offshore Langesund in Norway, an area renowned for harsh weather during