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Eni, Enel looking into hydrogen cooperation

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Energy players Enel and Eni have teamed up to develop green hydrogen projects. Courtesy of Eni The two companies are planning to produce green hydrogen through electrolyzers powered by renewable energy, Eni said in its statement on Wednesday. The electrolyzers will be located near two of the Eni refineries where

BW agrees VLGC duo sale

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

BW LPG has entered to sell two very large gas carriers (VLGC) BW Confidence and BW Cedar. Courtesy of BW LPG BW Confidence was built in 2006 and has a carrying capacity of 83,270 cubic meters. The sale of the vessel is expected to generate approximately $36 million in liquidity

Aker, MAN team up on CCS tech

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Aker Carbon Capture and MAN Energy Solutions have signed a technology-cooperation agreement to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery. Courtesy of MAN Energy Solutions The agreement supports the companies’ joint target to reduce the cost of removing CO2 emissions from industrial plants

GTT bags tank design order for six ice-class LNG tankers

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

French LNG containment specialist GTT has been contracted to design tanks for six Arc7 ice-class LNG carriers. Courtesy of GTT / Roland Mouron The order has been placed by the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The yard is building three of the vessels for the Japanese

Celsius charters LNG tanker trio to Cheniere

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Celsius Tankers, a unit of the Copenhagen-based Celsius Shipping, has found work for its newbuild trio of ultra-eco LNG carriers. Courtesy of Celsius Tankers The company said it has agreed to deploy the three LNG tankers under a charter deal with Cheniere Marketing International. Each vessel will be deployed for

Wärtsilä reliquefaction tech picked for Knutsen LNG pair

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

The Finnish technology group Wärtsilä has been contracted to supply its reliquefaction plant for Knutsen’s LNG carrier pair. Courtesy of Wärtsilä The ships are to be built at the Hyundai Heavy Industries shipyard in South Korea. The order, which includes an option for an additional two vessels, was placed in

Naturgy, Eni clear path for Damietta LNG restart

2 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Naturgy, Eni and Egypt have reached a new agreement to resolve the disputes affecting Unión Fenosa Gas (UFG), a 50/50 joint venture between Naturgy and Eni. Courtesy of UFG The parties have signed an agreement whereby Naturgy will receive a series of cash payments adding up to approximately $0.6 billion,

Deep dive into oil and gas exploration – then, now, and ahead

1 Dec No Comments gregsamuel_e5x9azx4 LNG World News

With the oil and gas industry in early stages of pivoting to a lower carbon future, the level of investment drastically shrinking first during the 2014 downturn and then again, even quicker, during the 2020 downturn, what will become of the oil and gas exploration efforts in the near- and

AIE secures Port Kembla LNG terminals pipeline connection

1 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Australian Industrial Energy (AIE) has signed a memorandum of understanding (MOU) with Jemena to connect the Port Kembla gas terminal (PKGT) with the Eastern Gas Pipeline (EGP). Courtesy of AIE AIE’s project is on on track to supply more than 75 per cent of NSW’s gas needs by the end

Ørsted completes LNG business sale to Glencore

1 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Danish renewable energy company Ørsted has completed the sale of its liquefied natural gas (LNG) business to Glencore. Courtesy of Ørsted Ørsted has divested its LNG business due to the company’s strategic focus on renewable energy. Included in the agreement is Ørsted’s long-term agreement with the Dutch LNG regasification terminal

Novatek opens Europe’s first carbon-neutral LNG station

1 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Novatek’s unit, Novatek Green Energy, has launched its first carbon-neutral LNG fueling station in Rostock, Germany. Illustration only (Courtesy of Novatek) Carbon neutral offsets from a carefully selected portfolio of emission reduction projects, including wind generation projects in developing countries, will be used to compensate for the LNG’s carbon footprint

SHI scores first LNG tanker order Since November 2019

1 Dec No Comments gregsamuel_e5x9azx4 LNG World News

South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for a liquefied natural gas carrier. Illustration only (Courtesy of GasLog) In its regulatory filing, the yard informed the order for a single LNG carrier is valued at 206.2 billion South Korean Won ($186 million). The order was placed

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