zoomImage courtesy of Innovation and Networks Executive Agency Construction of the facilities for the liquefied natural gas (LNG) import terminal on the Croatian island of Krk in the northern Adriatic Sea is progressing on schedule, according to the company’s managing director. Speaking at the Budapest LNG Summit on Monday, Barbara
zoomImage courtesy of Santos Australian LNG player Santos has lifted its 2025 production target further to 120 million barrels of oil equivalent, more than double 2018’s output. Santos said on Tuesday that the new target, up from 100 mmboe set in 2018, represents a cumulative annual growth rate in production
zoomImage courtesy of Korean Register The Korean Register and Hyundai LNG Shipping signed a memorandum of understanding (MOU), to conduct joint research on the application, verification and development of Guidance for maritime cybersecurity systems. Under the agreement, the two companies will jointly verify cybersecurity solutions applicable to new ships and
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and LNG exporting player, Novatek has completed the $4.8 billion, 15-vessel strong fleet of Arc7 liquefied natural gas carriers set to serve its giant Yamal LNG project in the Arctic. The Yamal project is currently operating with 14 Arc7 LNG
zoomIllustration purposes only (Image courtesy of McDermott) McDermott International and its joint venture partner, Chiyoda International Corporation, have introduced pipeline feed gas into the Train 2 of the Cameron project, located in Hackberry, Louisiana. The joint venture noted that with the introduction of of feed gas the second train has
Image courtesy of Chart Industries Chart Industries said it has completed the one-month test period at Europe’s largest liquefied natural gas station built for AlternOil near Bakum, Germany. During the test period, all functions, including the remote control and diagnostic system, were rigorously assessed according to operating conditions. Chart said
zoomImage courtesy of UECC United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, said it has secured financing for its battery hybrid LNG pure car and truck carriers (PCTC). The company said in its statement it has signed a contract to construct three
zoomImage courtesy of Woodside Australian LNG player Woodside has appointed Goh Swee Chen as a non-executive director effective January 1, 2020. Woodside chairman Richard Goyder said that Goh’s diverse professional background, extensive international track record and board experience will be a valuable asset to the Woodside board. Goh joined Shell
zoomImage courtesy of Furetank Rederi Sweden-based Furetank said it has held the steel cutting ceremony for the eighth vessel in the Vinga series at the Avic Dingheng Shipbuilding. In a brief statement through its social media channels, the company said it is continuing to build its dual-fuel product tanker fleet.