Dynagas LNG Partners turns to profit in Q2
GTT books LNG tank order from Hyundai Samho
30
Jul
Image courtesy of GTT/Roland Mouron French LNG containment tank specialist, GTT, received a new order for a liquefied natural gas tank design for one tanker. The order was placed by the South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI), GTT said. The vessel with a capacity to transport up to
Novatek’s Arctic LNG 3 drills first North-Obskiy well
30
Jul
Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek, through its Arctic LNG 3 unit, started drilling the first well at the North-Obskiy license area located in the shallow waters of the Ob Bay. The initial well is drilled using Gazprom flot’s jack-up floating drilling rig Amazon, the company said
Inpex-led Ichthys LNG starts gas production
30
Jul
zoomImage courtesy of Inpex Inpex-operated Ichthys LNG project started production from its gas wells marking the start of 40 years of operations. The produced gas will be gathered within the central processing facility (CPF) Ichthys Explorer where it will be separated into gases and liquids. Thereafter, the liquids will be
Belgium books two Qatari LNG cargoes
30
Jul
Image courtesy of Maran Gas Maritime Zeebrugge liquefied natural gas terminal operated by Fluxys has booked a pair of cargoes from Qatar for delivery in August. The shipping data shows that the first of the two cargoes, being transported onboard the Umm Bab LNG carrier with a 145,700 cubic meters capacity,
Top news of the week July 23-28
29
Jul
Image courtesy of Keppel O&M Keppel O&M wins FSRU conversion, FPSO modules deals Keppel Offshore & Marine has, through its units, secured two contracts with a combined value of about S$70 million ($51.4 million). Shell’s profit, LNG sales rise The Hague-based LNG giant Shell reported an increase in profit for
Higher oil prices boost Chevron’s earnings
27
Jul
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, saw its second-quarter earnings more than double. The company reported earnings of $3.4 billion for the quarter under review, compared to the $1.5 billion in the second quarter last year. Chevron’s chairman and
Eni’s profit soars as oil prices recover
27
Jul
zoomImage courtesy of Eni Italian energy giant Eni has reported a net profit of 1.25 billion euro ($1.45 billion) in the second quarter and 2.2 billion euro ($2.5 billion) for the first half of the year, rocketing up compared to the corresponding periods last year. This performance was driven by a robust
Eagle LNG marks official start of Maxville facility
27
Jul
zoomImage courtesy of Eagle LNG Eagle LNG Partners officially opened its Maxville LNG facility that has been operating since early 2018, supplying its Marine Fuel Depot – Talleyrand located on the Port of Jacksonville’s (Jaxport) Talleyrand marine terminal. The plant has a production capacity of 200,000 liquefied natural gas (LNG) gallons-per-day
Engie’s profit drops on discontinued LNG business
27
Jul
Image courtesy of Engie French energy company and LNG player Engie posted a drop in net profit for the first half of 2018, as its upstream and midstream LNG business was classified as ‘discontinued operations.’ Net profit amounted to 0.9 billion euros ($1.05 billion), down from 1.2 billion euros in the corresponding