ExxonMobil sells non-operated Norwegian North Sea assets for $4.5 billion
Annova LNG requests swift FERC project approval
26
Sep
zoomImage courtesy of Annova LNG Annova LNG filed a request with the Federal Energy Regulatory Commission seeking prompt issuance of an order to site, build and operate an LNG export facility on the Brownsville Ship Channel in Cameron County, Texas. In August last year, the commission issued a notice of
Excelerate gets notice to proceed with Philippine LNG project
26
Sep
Illustration purposes only (Image courtesy of Excelerate Energy) Texas-based Excelerate Energy received the Notice to Proceed (NTP) from the Philippine Department of Energy (DOE) to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas. The project, Luzon LNG, will supply natural gas to existing and
Affinity arranges first Atlantic LNG freight swap between JERA and Vitol
26
Sep
zoomIllustration purposes only (Image courtesy of Vitol) LNG traders JERA Global Markets and Vitol have executed the first Atlantic LNG freight swap against The Baltic Exchange’s BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG shipments between Sabine
ABS grants AIP for space industry-inspired carbon fiber LNG tanks
26
Sep
zoomImage courtesy of ABS Classification society ABS has granted approval in principle (AIP) to the conceptual design of carbon fiber LNG fuel tanks, inspired by techniques common in the space industry. The new tanks are part of the SpaceTech4Sea project, which sees ABS, OceanFinance, and Cimarron Composites joining forces to
Fluxys Belgium profit jumps on record activity
26
Sep
Image courtesy of Fluxys Belgium – E. Manderlier Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a rise in net profit for the first six months of the year 2019. The company recorded a net profit of €31.4 million ($34.4 million), which compares to €24.2 million
Allseas pens Barossa pipeline EPCI contract. Project nearing FID
26
Sep
Illustration; Allseas’ Pioneering Spirit vessel; Image courtesy of Nord Stream 2 A contract for the engineering, procurement, construction, and installation of a 260-kilometer gas export pipeline on the Barossa project was awarded to offshore installation and construction company Allseas. One of the partners in the project, Santos, said on Thursday
Novatek forms LNG partnership with MOL, JBIC
26
Sep
Image courtesy of Novatek Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan’s Mitsui O.S.K. Lines (MOL) and Japan Bank for International Cooperation (JBIC) to collaborate on LNG projects. Under the agreement, the trio will work on developing marine LNG transshipment complexes in
PGNiG to supply LNG to construction company Bisek-Asfalt
Pavilion Energy eyeing European LNG markets in expansion push
25
Sep
Image courtesy of Singapore LNG Corp. Temasek-owned Pavilion Energy is reportedly targeting European markets as well as expansion in Asia in a push to expand its global LNG footprint. According to Reuters, the company expects a turnover of $3 billion next year with half the amount to come from its