Russia’s largest independent natural gas producer Novatek has reached another milestone on its Yamal LNG project. Courtesy of Novatek The company noted on Thursday, it has fulfilled all the conditions stipulated by the project’s external bank financing. With the fulfillment, the debt guarantees of Yamal LNG were formally removed from
Harvey Gulf International Marine, the New Orleans-based LNG-powered PSV owner, and LNG bunkering pioneer, has continued the transformation of its fleet. Courtesy of Harvey Gulf The company has committed to install 10 additional battery systems on its vessels. Harvey will install four systems on its remaining LNG PSV’s without battery
Blackstone Group said on Thursday it has completed the sale of its 42% stake in Cheniere’s limited partnership to Brookfield Infrastructure and its own affiliated company. Sabine Pass (Image: Cheniere) The $7 billion sale represents the culmination of Blackstone Energy Partners’ involvement with Cheniere, the US-based private equity firm said.
Siemens Energy has been contracted to provide a cryogenic boil-off gas (BOG) compression train for Nigeria LNG’s facility on Bonny Island. Illustration only (Courtesy of Nigeria LNG) The solution will play a key role in providing additional BOG handling capability and spares for the existing system, Siemens said in its
Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a jump in profit for the first half of the year. Courtesy of Fluxys Belgium – P. Henderyckx Net profit rose from €31.4 million ($36.6 million) to €36.6 million ($42.7 million). Fluxys noted in its report that its
China, the world’s largest energy consumer, is continuing to post higher monthly LNG imports and reported a 16.3 percent year-on-year increase in August. Q-Flex vessel at the ENN Zhoushan LNG terminal in China (Image: Qatargas) LNG imports totalled 5.96 million tonnes last month, data from the General Administration of Customs
Offshore vessel operator Eidesvik Offshore has been awarded a contract extension for its Viking Lady platform supply vessel. Eidesvik said on Wednesday that the extension for the Viking Lady was awarded by Aker BP under the current time charter contract. The company added that the new contract would start in
German wind industry association WAB e.V. has signed a three-year cooperation agreement with Scottish partner DeepWind to collaborate for the expansion of offshore wind and the development of a market for green hydrogen from wind energy. WAB and DeepWind plan to exchange and analyze information, experiences and knowledge and keep
Technology company ABB has won a contract with China’s Guangzhou Shipyard International Ltd for supplying a full scope of integrated solutions for P&O Ferries’ two new vessels. Under the deal, ABB will supply electric, digital and connected solutions for the newbuild pair, including Azipod propulsion and energy storage. P&O super-ferries