Norwegian floating LNG player Höegh LNG has set forth a merger plan with funds managed by Morgan Stanley Infrastructure Partners. Courtesy of Höegh LNG Under the agreement, recommended by Höegh LNG principal shareholders Leif Höegh & Co. (LHC), a joint venture between LHC and MSIP, Larus Holding, will acquire the
Singapore’s Eastern Pacific Shipping (EPS) has signed a Memorandum of Understanding (MOU) with Dutch OCI N.V. and engine manufacturer MAN Energy Solutions to develop methanol and ammonia as marine fuels. Under the MoU, the partners will select conventional vessels from EPS’ existing tanker fleet that use MAN engines to be
Sub-Saharan Africa’s first FLNG terminal in Tema, Ghana is set to receive its maiden cargo in the coming weeks. Tema LNG project rendering (Courtesy of Helios Investment Partners) With Ghana preparing to become sub-Saharan Africa’s first LNG importer with the terminal at the port of Tema, Egypt will cease to
Malaysia’s LNG giant Petronas, signed a key term sheet with Sarawak Energy, for electricity supply to its Petronas LNG Complex (PLC) in Bintulu. Courtesy of Petronas Under the key term sheet, SESCO, a unit of Sarawak Energy, will provide 90 megawatts (MW) of electricity supply at 275kV to the Petronas
Four companies specializing in digitalization, energy efficiency and zero-emission solutions have joined forces in a new cleantech group under the name HAV Group ASA, Norwegian shipbuilder Havyard said. As informed, HAV Design AS, HAV Hydrogen AS, Norwegian Electric Systems AS and Norwegian Greentech AS will collaborate on forward-looking energy-efficient solutions. “Our
CDWE, a joint venture between CSBC and DEME Offshore, held an official keel laying ceremony for the Green Jade installation vessel at CSBC’s shipyard in Kaohsiung, Taiwan, on 5 March. The first steel for Green Jade, the first Taiwan-built floating heavy-lift offshore wind installation vessel, was cut in September 2020. “We
Chinese piped-gas operator China Gas has formed an LNG and LPG and hydrogen pact with its compatriot China Petrochemical Corporation (Sinopec). Screenshot courtesy of China Gas The strategic cooperation agreement will enable both parties to engage in all-round cooperation in areas including natural gas procurement, liquefied natural gas (LNG) receiving
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named Peter Fredricson as its new chief financial officer (CFO) effective 23 March 2021. Courtesy of Oil Search Fredricson replaces Stephen Gardiner, who after eight years will step down from the CFO role. Gardiner will continue
U.S. alternative fuels supplier Clean Energy Fuels and European oil and gas producer Total signed a new joint venture for renewable natural gas production and downstream fueling infrastructure. Courtesy of Clean Energy The 50/50 joint venture is for the development of carbon-negative renewable natural gas (RNG) production facilities in the
Indian manufacturer of cryogenic technology equipment and solutions INOXCVA designed, developed, and manufactured India’s first-ever LNG dispenser, supporting the country’s transition towards green fuel. Courtesy of INOXCVA The LNG dispenser complies with ISO 16924:2016 norms and is approved by PESO India. It bears the ATEX Certification, a European certification given
According to data from the Energy Information Administration (EIA), liquefied natural gas exports from the U.S. increased the second week in a row, boosting Henry Hub prices. Courtesy of Cheniere For the period between 24 February and 3 March, in its latest Short-Term Energy Outlook, EIA reports that U.S. LNG
German Brunsbüttel Ports on Wednesday hosted the first liquefied natural gas bunkering of the recently commissioned Greenferry I. Courtesy of Brunsbüttel Ports Greenferry I is Elbferry’s liquefied natural gas-fueled vessel that started operating on the Brunsbüttel-Cuxhaven ferry route. The vessel previously operated under the ownership of Fjord 1, a Norwegian