Image courtesy of Eni Italy’s state-controlled energy giant Eni has signed an exploration and production sharing agreement (EPSA) for Block 1 offshore Bahrain. Following a joint study conducted by Eni in 2016 and the signature of a memorandum of understanding on January 13, 2019, Eni signed an EPSA with the
zoomImage courtesy of Pasha Hawaii Honolulu-based Pasha Hawaii held the keel laying for George III and cut the first steel plates for Janet Marie at the Keppel AmFELS shipyard in Brownsville, Texas. Upon completion, both LNG-fueled Ohana Class containerships will join Pasha Hawaii’s fleet, serving the Hawaii-Mainland trade line, the
Image courtesy of ADB The Asian Development Bank (ADB) said the first drawdown of funds has been completed under a $305 million financing deal for the Jawa-1, Indonesia’s largest LNG-fueled combined-cycle gas turbine (CCGT) power plant. Michael Barrow, director general for ADB’s private sector operations department, said, “this project will support
zoomImage courtesy of Groupe Desgagnés Quebec City-headquartered shipper Desgagnés has taken delivery of Rossi A. Desgagnés the last in the series of LNG-fueled oil-chemical tankers. The Turkish Besiktas shipyard in Yalova, near Istanbul, completed the construction of the vessel build based on an original concept developed by Desgagnés. The shipper
zoomImage courtesy of KN Lithuanian energy infrastructure provider and LNG terminal operator, KN (Klaipedos Nafta), reported a drop in the liquefied natural gas import facility’s activity during the first three months of the year. There was only one cargo delivery to the LNG terminal the operator said in its reports
Image courtesy of BHGE Baker Hughes, a GE company, reported a year-on-year decline in profit despite higher revenues, orders and an active LNG market. The company said on Wednesday, its net profit for the first quarter of the year plunged 55 percent to $39 million, while the decline compared to
zoomImage courtesy of Summit Summit LNG Terminal, a Summit Corporation unit, said it has completed the commissioning of its floating storage and regasification unit (FSRU) LNG import facility at off the island of Moheshkhali in Cox’s Bazar, Bangladesh. Following the commissioning late Monday, April 29, the facility supplied 500 mmcfd
Image courtesy of Dragon LNG The UK’s Dragon LNG terminal is scheduled to receive a Qatari cargo of liquefied natural gas at the end of the week. According to the Milford Haven Port Authority shipping data, the 2008-built Al Huwaila LNG carrier with 217,000-cbm cargo capacity is scheduled to dock
Image courtesy of APLNG Australia’s top power and gas retailer, Origin Energy, reported the highest-ever Australia Pacific LNG quarterly revenue share. Origin said in its report its share in Australia Pacific LNG project’s revenue jumped 53 percent reaching $763.9 million in the first quarter of 2019. The company’s share of