zoomImage courtesy of BHGE Baker Hughes, a GE company, been awarded a contract to supply turbomachinery equipment for the first phase of BP’s Greater Tortue Ahmeyim floating liquefied natural gas (FLNG) project located offshore Mauritania and Senegal. BHGE will provide the technology for four compressor trains for offshore gas liquefaction
Kosmos starts Mauritania-Senegal stake sell-down process
Image courtesy of Kosmos Energy Dallas-based Kosmos Energy has commenced the formal process to sell down its position in Mauritania and Senegal to around 10 percent. Speaking during the company’s results presentation, Kosmos’ chairman and CEO Andrew Inglis said, “Our intention to sell down our position in Mauritania and Senegal
Poland eyes second LNG import terminal
Illustration purposes only (Image courtesy of Polskie LNG) Poland has set out plans to set up its liquefied natural gas (LNG) import facility as it looks to moor an FSRU in Gdańsk. Polish secretary of state responsible for energy projects, Piotr Naimski, speaking at an energy forum in Belgium, said
Axpo inks capacity deal with German LNG Terminal
zoomImage courtesy of German LNG Terminal Swiss energy trading company Axpo and German LNG Terminal, the joint venture developing Germany’s first LNG terminal, have signed a heads of agreement for a long-term capacity deal at the facility in Brunsbuettel in northern Germany. This is another important step towards taking the
Energy Transfer, Shell issue EPC invite for Lake Charles LNG project
zoomImage courtesy of Energy Transfer Energy Transfer and Shell have issued an invitation to EPC contractors to bid for the proposed Lake Charles LNG large-scale export project conversion job. The invitation to tender to bid for the engineering, procurement, and construction (EPC) contract to convert the existing Lake Charles LNG import
Top news of the week April 29-May 4
Image courtesy of Shell BP Shipping adds six LNG carriers to its fleet BP Shipping added six new liquefied natural carriers to its fleet following a $1.3 billion ship build project. Australia: Port Kembla FSRU project gets planning approval The New South Wales government has given planning approval for Australian
GasLog plunges to first-quarter loss
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog reported a $10.9 million loss for the first quarter of 2019, relatively weak LNG commodity and shipping markets. The company noted in its report the loss, which compares to a $19.3 million profit, is mainly due to the unfavorable movement in mark-to-market
Brittany Ferries LNG-powered vessel delivery pushed to 2020
Image courtesy of Brittany Ferries French shipping company Brittany Ferries noted that its LNG-powered cruise ferry Honfleur will certainly miss the start of the summer 2019 season, the original delivery date. In a brief update on the Honfleur project website, Brittany Ferries said the vessel will not be delivered on
Gasum’s Q1 revenue edges up
zoomImage courtesy of Gasum Finish energy company Gasum reported a 2 percent rise in revenue boosted by “exceptionally cold spell” during the period. Revenue figures hit €396.6 million ($442.4 million) which compares to €390.5 million in the first three months of 2018. Speaking of the results, Gasum’s CEO Johanna Lamminen
Lloyd’s Register approves HMD’s LNG-fueled tanker design
Image courtesy of Lloyd’s Register Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register for an LNG-fueled 50,000-dwt class MR tanker design. To aid compliance with the global sulphur in fuel oil limit of 0.50% m/m, which comes into effect on 1 January 2020, HMD has