zoomImage courtesy of JGC Japan’s JGC Corporation formed ties with China’s Offshore Oil Engineering Co. (COOEC) to jointly work on modular FLNG and FPSO projects. Under the five-year strategic cooperation agreement, the two companies aim at developing facilities from multiple functional units that are fabricated in a third country other than
Image courtesy of Exmar Belgium’s Exmar, the Nicolas Savery-led shipowner said Thursday it has relocated its Caribbean FLNG (CFLNG) to a temporary location at Cosco shipyard in China. The barge-based floating natural gas liquefaction and storage facility was previously located at the Wison Offshore & Marine’s yard in Nantong, China.
zoomImage courtesy of Gas Natural Fenosa Spanish LNG operator Gas Natural Fenosa reported a net profit of €320 million ($387.3 million) for the first quarter 2018, a 7.4 percent increase compared to the first quarter in 2017. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached €1.05 billion, representing an increase
zoomImage courtesy of Eni Italian energy giant Eni has brought up the second production unit (T-1) at its Zohr gas field in the Mediterranean Sea offshore Egypt. This will increase installed capacity by 400 MMScfd, just 4 months after the field’s start-up, Enid said on Thursday. Zohr now has a capacity
Image courtesy of Chevron Shipments of liquefied natural gas (LNG) from Australia have reached 5.4 million tons in March, rising month on month. Energy consultancy, EnergyQuest, noted in its latest report that during March, Australian LNG projects exporter a total of 80 cargoes compared to 77 cargoes in February, totaling
Illustration purposes only (Image courtesy of Cheniere) Houston-based Cheniere Energy has settled with a regulator the terms and conditions under which it is allowed to eventually bring back into service two LNG storage tanks that have been shut since leakage in January. Following discussions and a hearing with the presiding
A transshipment operation at the Gate terminal in the Rotterdam port (Image courtesy of Gate) Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 210 percent in the first quarter year-on-year, according to the data released by the Port of Rotterdam last week. Total LNG throughput at
zoomImage courtesy of ConocoPhillips Santos and its joint venture partners have sanctioned the start of the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG. Santos managing director and CEO, Kevin Gallagher, said, “the Barossa FEED decision consolidates its position as the
Image courtesy of Dunkerque LNG NSRA: Boris Vilkitsky LNG carrier breaks Northern Sea Route rules Boris Vilkitsky, the Arc7 ice-class LNG carrier, recently violated a number of safety rules on its voyage to the port of Sabetta, Russian Northern Sea Route Administration (NSRA) said. Global LNG market to tighten from