zoomLNG-fueled Salish Eagle (Illustration purposes only – Image courtesy of BC Ferries) Canada’s British Columbia Ferry Services (BC Ferries)is looking for interested shipyards to build its five new vessels to replace its aging fleet assets. The company issued Requests for Expressions of Interest (RFEOI) on Thursday, open to local, national and international
GTT’s revenue up on strong LNG market
Image courtesy of GTT / Roland Mouron French liquefied natural gas containment system specialist, GTT, on the back of LNG market growth, reported an 11.9 percent rise in revenue for the first six months of the year 2018. Revenues totaled 127.2 million euros ($148.2 million) during the first half of
Adani inks Dhamra LNG regasification deal with GAIL
Illustration purposes only (Image courtesy of Adani Ports & SEZ) Adani Ports and Special Economic Zone (APSEZ), part of the Adani Group, signed a long-term deal to provide LNG regasification services at its Dhamra LNG terminal to the state-run gas utility GAIL. Liquefied natural gas regasification services will be provided on a use or
Wison bags job on Western FLNG project in Canada
zoomImage courtesy of Wison Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada. Pursuant to the TSA, Wison will develop the basis of design (BOD) and carry out front-end
BP to buy BHP Billiton’s US onshore oil and gas assets
zoomImage courtesy of BP UK-based major BP has agreed to purchase BHP Billiton’s interest in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for $10.8 billion. Under the terms of the agreement, BP America Production Company will acquire from BHP Billiton Petroleum (North America) 100 percent of
EU intends to buy more US LNG
zoomImage courtesy of European Commission The European Commission’s president Jean-Claude Juncker held talks with the United States president Donald Trump during a visit to the White House. The two leaders agreed to strengthen the strategic cooperation with respect to energy, a joint statement reads. “The European Union wants to import more
GasLog Partners’ second-quarter profit drops
zoomImage courtesy of GasLog Partners GasLog Partners, the New York-listed spinoff of LNG shipper GasLog saw its profits impacted by dry-dockings and expiration of one vessel’s time charter deal. According to the company’s monthly report, the IFRS net profit for the second quarter on slipped 18 percent from $29.2 million
Total’s profit soars on higher oil prices, LNG sales decline
zoomImage courtesy of Total French energy giant and LNG player Total saw its second-quarter adjusted net profit soar on the back of increasing oil prices. The company reported a 44 percent jump in adjusted net income for the second quarter of 2018, reaching $3.6 billion compared to $2.7 billion in
Equinor posts profit drop in second quarter
Image courtesy of Statoil Norwegian energy giant and LNG operator, Equinor posted a slight drop in its net profit for the second quarter of 2018, despite higher prices and high international production. Equinor’s IFRS net income was at $1.2 billion, down from $1.4 billion in the corresponding quarter of 2017, with the company
Shell’s profit, LNG sales rise
The Hague-based LNG giant Shell reported an increase in profit for the second quarter and the first half of the year as Integrated Gas and Upstream businesses’ contributions rise. The company’s profit for the second quarter jumped 30 percent to $4.7 billion from $3.7 billion with the first six months