zoomImage courtesy of Goldboro LNG Pieridae Energy said its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to $1.5 billion of loan guarantee by the German federal government. The confirmation is a step towards the completion of Pieridae’s acquisition
McDermott to partner with Saipem on Rio Grande LNG bid
The proposed Rio Grande LNG export facility (Image courtesy of NextDecade) McDermott International on Monday said it plans to partner with the Italian oil and gas industry contractor Saipem to bid for NextDecade’s planned Rio Grande LNG project in Brownsville, Texas. David Dickson, president and CEO of McDermott, said, “pursuant
GTT’s nine-month revenue climbs as LNG ship orders flood in
zoomImage courtesy of GTT / Roland Mouron French liquefied natural gas containment system specialist, GTT, posted a 7.1 percent rise in nine-month revenue as the company expects the year to be a record one. Revenue for the nine months of 2018 reached €184 million ($209.1 million), compared to €171 million
BW’s first MEGI LNG carrier starts work for Total
Image courtesy of BW LNG BW LNG’s first M-type, Electronically Controlled, Gas Injection (MEGI) LNG vessel has recently started a long-term charter with French energy giant Total. The 173,400-cbm BW Tulip started the charter with Total on October 10, BW LNG, a unit of the Singapore-based gas shipping giant BW Group
Texas LNG receives draft environmental impact statement
An artist impression of the proposed Texas LNG facility (Image courtesy of Texas LNG) The United States Federal Energy Regulatory Commission has issued the draft environmental impact statement for the proposed Texas LNG export facility located in the Port of Brownsville, Texas. The DEIS is another step towards the final
GTT scores SHI tank order for NYK LNG carrier
For illustration purposes only (Image courtesy of GTT) French LNG containment specialist GTT has won a new order from South Korea’s Samsung Heavy Industries for the design of the tanks of a 174,400-cbm liquefied natural gas carrier. Samsung Heavy will build the LNG carrier on behalf of the Japanese shipping giant
LNG Limited delays Magnolia FID
zoomImage courtesy of LNG Limited Perth-based Liquefied Natural Gas Limited has pushed back the final investment decision for its Magnolia LNG export project in Louisiana to the first half of 2019. In the company’s quarterly report, managing director and CEO Gregory Vesey stated that the company focused on efforts to sign
Nakilat’s profit climbs
Image courtesy of Nakilat Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported on Sunday an 8.5 percent rise in its nine-month profit. Nakilat said its January-September net profit was at 607 million Qatari Riyals ($166.7m) as compared to 607 million Riyals in the same period last
GasLog launches LNG newbuild at Samsung Heavy
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog said it has launched a newbuild vessel at the South Korean Samsung Heavy Industries shipyard. The vessel named GasLog Warsaw is capable of transporting 180,000 cubic meters of the chilled fuel. The vessel is scheduled for delivery in 2019, data on the shipper’s
Poland receives 42nd LNG cargo
Image courtesy of Polskie LNG Poland’s state-owned gas company PGNiG has received its 42nd cargo of liquefied natural gas (LNG) at the country’s sole import terminal in Świnoujście. The cargo was delivered on October 26, onboard Al Oraiq the Q-Flex LNG tanker, with a capacity of 210,100 cubic meters, from Qatar’s Ras Laffan