Image courtesy of Novatek Novatek’s wholly-owned subsidiary has won an auction for a geological survey, exploration and production license for the subsoil area including the Soletsko-Khanaveyskoye gas field. Novatek said on Friday that the auction was won by Arctic LNG 1. The license is located on the Gydan peninsula in
Image courtesy of Santos Australian LNG player Santos has signed agreements supporting the transition to permanent maritime boundaries between Australia and Timor-Leste and a continued stable framework for petroleum activities in the Timor Sea. Santos joined with its Bayu Undan joint venture partners and the Australian and Timor-Leste governments, in
Pioneering Spirit, vessel installing the Nord Stream 2 pipeline; Image courtesy of Nord Stream 2 AG Austrian energy company OMV has claimed that there was still a realistic chance to complete the Nord Stream 2 pipeline project within schedule. Chief executive of Austrian oil and gas group OMV Rainer Seele
Image courtesy of Tepco Japan has reportedly imported its first cargo of LNG from China in July as utilities from the world’s biggest buyer of the chilled fuel look for new suppliers. According to Reuters, China has become the world’s second-largest LNG buyer amid a surge in domestic gas usage.
Korolev Prospect (Image courtesy of Sovcomflot) Sovcomflot’s LNG-fuelled Aframax crude oil tanker has started a transit through the Northern Sea Route. Sovcomflot said that the Korolev Prospect tanker would become the first such large-capacity crude oil tanker to travel the entire length of the Northern Sea Route using only LNG
Image courtesy of Polskie LNG Polish Oil and Gas Company (PGNiG) has purchased a cargo of liquefied natural gas (LNG) from the U.S. and, following regasification, sold it to Energy Resources of Ukraine (ERU). PGNiG said on Thursday that the contracted LNG tanker would arrive at the President Lech Kaczyński
zoomIllustration purposes only (Image courtesy of Höegh LNG) A multinational consortium has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium is led by the China Petroleum Pipeline Engineering Corporation (CPPEC) with other members being Wilhelmsen Ship Management, Aktor,
Rio Grande project artist rendering (Image courtesy of NextDecade) North America will drive the global LNG industry with 73 percent of newbuild capacity growth by 2023, according to data analytics and consulting company GlobalData. GlobalData said on Wednesday that North America was expected to drive capacity growth in the global
Image courtesy of Awilco LNG Norwegian based LNG transportation provider Awilco reported a net loss of $8.6 million for the second quarter of 2019. According to the quarterly financial report, the loss for the quarter deepened as the company reported a $6.5 million loss for the same quarter last year.
Illustration purposes only (Image courtesy of Pakistan LNG) State-owned Pakistan LNG has named a new chief executive officer following the resignation of former CEO Adnan Gilani. Pakistan LNG said via social media that it named Shahid Yousaf as managing director and chief executive of the company. The state-owned LNG operator
Image courtesy of Høglund Marine solutions and system integration expert Høglund has been awarded a contract by Bergen Tankers to deliver a cargo handling system for an LNG bunker vessel. Høglund said that the cargo handling system would be delivered to Norway’s first-ever bunkering vessel named Bergen LNG. As part
