Illustration purposes only (Image courtesy of Eni) Italian energy conglomerate Eni has signed a memorandum of understanding with Bahrain’s Tatweer Petroleum to collaborate in the energy sector. The agreement will enhance collaboration in the energy sector, by facilitating the joint assessment and launch of new initiatives in areas of mutual
Three LNG cargoes heading for U.K. terminals
Image courtesy of Dragon LNG Deliveries to the liquefied natural gas terminals on the United Kingdom’s Milford Haven waterway are continuing with three vessels scheduled to arrive in the coming days. The first of the three cargoes is being transported onboard the Q-Flex liquefied natural gas carrier, the 210,000-cbm Al
Shell halts Prelude FLNG production
Image courtesy of Shell The Hague-based LNG giant Shell has reportedly halted production at its Prelude floating liquefied natural gas facility located 475 km North-East of Broome in Western Australia. Citing a company spokesperson, Reuters reports the production has been suspended due to an electrical trip. The spokesperson told that
NYK inks deal for second LNG-fueled PCTC
zoomImage courtesy of NYK Japanese shipping giant NYK Line concluded a contract with Shin Kurushima Dockyard to build a second LNG-fueled pure car and truck carrier (PCTC). The vessel is scheduled to be delivered in 2022 and will become NYK’s second LNG-fueled PCTC, the company said in its statement. The
Petronet LNG, Tellurian to finalize $2.5 bln deal soon
zoomImage courtesy of Tellurian India’s Petronet LNG, the country’s largest liquefied natural gas importer, is set to sign a $2.5 billion deal with the U.S. LNG project developer Tellurian. Citing sources close to the matter, the deal is set to be signed during president Trump’s visit to India later this
Write-offs push Chevron into fourth-quarter 2019 loss
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, reported a slip in its quarterly profit impacted by $10.4 billion in write-offs. The company reported a $6.6 billion net loss for the fourth quarter of the year,
Papua LNG to advance despite PNG halting talks
zoomImage courtesy of Total Papua LNG project is expected to advance with certain modifications following the halt in negotiations between the JV partners and the PNG government over P’nyang gas field agreement. Negotiations on the development of the P’nyang gas field in Papua New Guinea have broken down following “ExxonMobil’s
BC Ferries orders new LNG-fueled vessel at Remontowa
zoomSalish Orca-Illustration purposes only (Image courtesy of BC Ferries) British Columbia Ferry Services (BC Ferries) has awarded the Polish Remontowa Shipbuilding yard in Gdansk, a contract to build an additional liquefied natural gas (LNG)-fuelled vessel. The newbuild is scheduled to go into service in the Southern Gulf Islands in 2022,
KN wins Brazilian LNG terminal operation deal
zoomIllustration purposes only (Image courtesy of Klaipedos Nafta) Klaipedos Nafta, Lithuanian oil and LNG terminal operator, has been named the operator of the LNG terminal in the Brazilian Port of Açu. Through its unit KN Açu Serviços de Terminal de GNL, the company signed the deal with Gas Natural Açu