U.S. LNG export project developer Venture Global and Louisiana governor John Bel Edwards announced the company will invest more than $10 billion to develop CP2 LNG, a fourth LNG export facility in Louisiana. Illustration only; Courtesy of Venture Global LNG The new project CP2 LNG will be adjacent to Venture
Energy Information Administration (EIA) weekly report shows that LNG exports from the U.S. were unchanged this week, with Henry Hub prices going down. Courtesy of Cheniere For the period of 25 November to 1 December 2021, according to the latest Short-Term Energy Outlook, EIA reports that U.S. LNG exports remain
British company BAE Systems has installed its zero-emission propulsion system in the first U.S. hydrogen fuel cell-powered marine vessel, the Sea Change. Photo: BAE Systems As informed, BAE Systems provided its HybriGen Power and Propulsion solution to Zero Emission Industries for integration on the Sea Change vessel that will operate in
Canadian energy infrastructure company Pembina Pipeline has stopped the development of its proposed Jordan Cove LNG export terminal in Oregon, USA. Courtesy of Jordan Cove LNG Pembina envisioned the project to be the first liquefaction plant on the US west coast. Its concept included a pipeline through Southern Oregon and
Eneti Inc. has entered into a binding agreement for the construction of the second next-generation wind turbine installation vessel with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). Source: Eneti Eneti has exercised an option it held with DSME for the construction of the WTIV. The contract price is $326
Offshore vessel provider Harvey Gulf International Marine has intensified its decarbonisation efforts and unveiled new ESG and emissions reduction targets, including the work undertaken to deliver a fleet of vessels, which will operate in a net carbon neutral capacity to reduce the carbon footprint from operations. Harvey Gulf revealed on Wednesday
Shanghai-based Wison Offshore & Marine has signed a deal with Germany’s engine manufacturer MAN Energy Solutions to collaborate on power barge and floating LNG-to-power projects worldwide. Courtesy of Wison Offshore and Marine As a provider of natural gas monetization solutions, Wison O&M’s core products include floating LNG, floating storage regasification
The government of Western Australia and the Port of Rotterdam, Europe’s largest seaport, have signed a Memorandum of Understanding (MoU) to work on renewable hydrogen projects. As explained, the two parties will work together to investigate the renewable hydrogen export supply chain between Western Australia and the Port of Rotterdam,
Russian LNG major Novatek and PetroVietnam Power, a subsidiary of state-owned PetroVietnam, have signed a cooperation agreement on LNG and power projects in Vietnam. Illustration only; Courtesy of PetroVietnam Gas President Nguyen Xuan Phuc and Novatek’s chairman of the management board Leonid Mikhelson held a meeting to discuss the supply
Bermuda-based shipping company Teekay LNG Partners says its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by NYC-based investment firm Stonepeak. Illustration only; Courtesy of Teekay Teekay LNG owns and operates LNG carriers. It provides LNG services primarily under long-term, fee-based charters through its interests
Japanese shipping major K Line has conducted a trial use of marine biofuel which was supplied by global integrated energy company BP on its car carrier Polaris Highway. The marine biofuel was delivered to the vessel at the Dutch port of Flushing on 6 November. After leaving Europe Emission Control
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French containment specialist GTT for four new LNG carriers it is building for Japanese ship-owner Mitsui O.S.K. Lines (MOL). illustration only; Courtesy of MOL These new MOL LNG carriers are to operate in Arctic waters. Thus, GTT