McDermott president and CEO David Dickson (Image courtesy of McDermott) McDermott International said its combination with Chicago Bridge & Iron Company (CB&I), creating a premier provider of technology, engineering and construction solutions for the energy industry has been completed. In accordance with the terms of the business combination agreement, and
US LNG exports edge up on week
Image courtesy of Dominion Cove Point LNG Liquefied natural gas (LNG) exports from the United States increased during the week ended May 9, the Energy Information Administration said in its weekly natural gas report. Six LNG vessels, with a total carrying capacity of 21 Bcf departed the two exporting facilities
Carnival opens LNG cruise ships terminal in Barcelona
Image courtesy of Port of Barcelona Carnival Corporation inaugurated its Helix cruise center at the Port of Barcelona that will accommodate the company’s cruise ships powered by liquefied natural gas (LNG). The terminal covering 12,500 square meters cost €46 million ($54.9 million) represents Carnival Corporation’s largest combined terminal investment in Europe, the
EDF expands Chilean footprint
zoomImage courtesy AES Gener France’s EDF, in a joint venture with the Chilean electricity company AME, finalized the acquisition of AES Gener’s 750MW of flexible generation capacity (gas and peak demand). These assets will enable the EDF Group to further develop renewable energy projects in Chile by compensating for fluctuations
Eni fires up third production unit at Egypt’s giant Zohr gas field
zoomImage: Eni Italian energy giant Eni has brought up the third production unit (T-2) at its Zohr gas field in the Mediterranean Sea offshore Egypt. This will increase installed capacity to 1.2 bcfd, Eni said on Thursday. Zohr is now producing 1.1 bcfd in ramp-up, equivalent to approximately 200 thousand boed,
Marathon Oil agrees EG LNG plant life extension
zoomEG LNG plant (Image courtesy of Marathon Oil ) Marathon Oil Corporation and its partners executed a heads of agreement with Equatorial Guinea government and third parties to process third-party natural gas at the EG LNG plant. The agreement established a framework for processing the volumes through Alba Plant’s liquefied petroleum
Beijing Blue Sky in LNG supply deal with Kunlun unit
For illustration purposes only (Image courtesy of Beijing Gas Blue Sky) Beijing Blue Sky Energy, a subsidiary of Hong Kong-listed Beijing Gas Blue Sky Holdings, has signed a deal to supply liquefied natural gas (LNG) to a unit of Kunlun Energy in China’s Shandong coastal province. Under the three-year deal, Beijing
Japex looking for LNG cargoes post 2020
Soma LNG terminal (Image courtesy of Japex) The cancelation of the Pacific NorthWest LNG joint venture in Canada has Japan Petroleum Exploration (Japex) now scrambling to secure LNG cargoes. The Petronas-led project got canceled in July last year, which left Japex looking for a portfolio of supplies, Reuters reports citing
Tellurian lining up partners for Driftwood LNG
Image courtesy of Tellurian The Houston-based LNG export project developer Tellurian said 20 companies have shown interest in partnering the company on its Driftwood LNG terminal project. The company, founded by Charif Souki and Martin Houston, is developing a 27.6 mtpa LNG export facility and an associated pipeline in Louisiana. Tellurian president and CEO Meg Gentle, said,
WA minister requests clarity over Gorgon LNG carbon-capture project delay
Image courtesy of Chevron Western Australia’s minister Stephen Dawson ordered the state’s Environmental Protection Authority to look into the delay in burying carbon dioxide emissions at Chevron’s Gorgon LNG project. One of the conditions the $54-billion project was approved on was the requirement to bury at least 80 percent of