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BC Ferries searching shipyards for five newbuilds, including LNG-fueled ferry

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

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