Image courtesy of Gasum Finish energy company Gasum reported a jump in the nine-month revenue figures for the year 2018, boosted by the performance of its natural gas and LNG business units. The company’s revenue totaled €827.4 million, 22.5 percent up on €675.7 million recorded during the corresponding period last year.
zoomImage courtesy of Rostock Port Yamal LNG operator Novatek and Belgium’s Fluxys signed a land lease agreement with the Rostock port to build a mid-scale LNG transshipment terminal. The joint venture will design, construct, finance, own and operate a mid-scale LNG transshipment terminal with a capacity of approximately 300 thousand
Image courtesy of PGNiG Polish Oil and Gas Company (PGNiG) said it has executed two liquefied natural gas supply deals for the delivery of chilled fuel from Venture Global’s Calcasieu Pass and Plaquemines projects. The long-term binding deals were signed late September following the corporate approvals, PGNiG said in a
Trinidad onshore compression project (Image courtesy of BP) Trinidad and Tobago’s liquefied natural gas (LNG) production increased 20 percent year-on-year in August to 2.51 million cubic meters. When compared to the month before, production at Atlantic LNG’s 14.8 mtpa Point Fortin facility rose 0.7 percent, according to the monthly data
Image courtesy of Total French major Total signed an agreement with India’s Adani Group to jointly develop energy business in the Indian market, including liquefied natural gas (LNG). The agreement confirms recent media reports that Total has engaged in talks with Indian companies to secure a stake in LNG import
zoomImage courtesy of GTT GTT and Dongsung Finetec, the South Korean thermal insulation company, have signed a memorandum understanding in order to commercialize GTT’s LNG Brick technology. GTT and Dongsung Finetec plan on promoting the technology for LNG as fuel application, GTT said in a statement. LNG Brick will eventually be
zoom The Hague-based LNG giant Shell is selling its upstream interests in Denmark for $1.9 billion. Shell Overseas Holdings Limited, a unit of Shell, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco) to sell its shares in Shell Olie-og Gasudvinding Danmark (SOGU). SOGU is a wholly-owned Shell
Image courtesy of Dynagas LNG Partners Dynagas LNG Partners priced its public offering of 2.2 million of its 8.75 percent units at $25 per unit. Dynagas Partners intends to use the net proceeds from the public for general partnership purposes, which may include, among other things, the repayment of indebtedness.
zoomImage courtesy of Saipem Italian oil and gas contractor, Saipem has reportedly snagged a deal to provide FEED services for Tortue LNG facility offshore Africa. Citing a source close to the matter, Reuters reports the deal worth €3 million ($3.47 million) could lead to a larger contract worth up to €75 million. The project
Image courtesy of Damen Bureau Veritas said it had been selected as the class society for the new Eesti Gaas’ liquefied natural gas (LNG) bunkering vessel to be built by the Dutch shipbuilder Damen Group. As informed earlier this month, the 6000-cbm vessel will provide LNG bunkering for LNG-fuelled vessels in