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Japan: third Sayaringo STaGE LNG carrier christened

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Mitsubishi Heavy Industries Japan’s Mitsubishi Heavy Industries held a christening ceremony on Thursday for the third Sayaringo STaGE next generation liquefied natural gas (LNG) carrier. The christening ceremony was held at the Koyagi Plant of MHI’s Nagasaki Shipyard & Machinery Works. The ship named LNG Juno has been

Dynagas LNG Partners rakes in $53 million from offering

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dynagas LNG Partners Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, secured $53 million after the closure of its previously announced offering. Dynagas LNG said in a statement on Wednesday it has granted the underwriters a 30-day option to purchase up to an

Australia: GWF-2 project starts gas production

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australian LNG player Woodside said Thursday that the Greater Western Flank Phase 2 project off the north-west coast of Australia has started gas production. GWF-2 project is part of the of the Woodside-operated North West Shelf (NWS) project. The project is located in Commonwealth waters about 135

Norway’s Equinor swings to profit in Q3

25 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage: Ole Jørgen Bratland/Equinor Norwegian energy giant and LNG operator Equinor on Thursday reported a strong increase in third-quarter net profit as it benefited from a rise in oil and gas prices. Equinor’s net profit rose to $1.67 billion in the third quarter, compared to a loss of $480 million in

Hoegh Gallant starts work for Gunvor’s Clearlake Shipping

24 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Norway-based FSRU giant Höegh LNG confirmed Wednesday it has chartered its Höegh Gallant FSRU to Clearlake Shipping, a unit of the Switzerland-based energy trading company Gunvor. To remind, Höegh LNG said last week that the floating regasification and storage unit would be chartered to a third party following

Oil Search revenue jumps as PNG LNG production recovers

24 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a jump in its third-quarter revenue. One of the main reasons for this is the recovery of production at the giant LNG export project partly located in the Highlands region

EU green lights CMA CGM’s takeover of Containerships

24 Oct No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Containerships) French shipping giant CMA CGM has gained an approval from the European Commission to acquire Finland’s Containerships. To remind the deal between CMA CGM and Container Finance was announced back in June and it includes Container Finance’s holdings in Multi-Link Terminals and CD Holding. The European Commission

NEB to consider jurisdictional claims over LNG Canada feeder pipeline

24 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of LNG Canada Canada’s National Energy Board (NEB) said Monday it will consider a claim filed by a local environmentalist that TransCanada’s Coastal GasLink pipeline should be listed as a federal project. NEB has granted a new hearing and will accept submissions until next Monday from the claimant,

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