Total’s profit drops, LNG sales more than double
Schottel to provide propulsion equipment for Seaspan LNG ferry duo
25
Jul
Seaspan ferry design; Image courtesy of Schottel Germany-based Schottel has been chosen as propulsion supplier for two newbuild LNG-fuelled Ro-Ro ferries under construction at Damen Shipyards Mangalia, Romania. Schottel said that the vessels were ordered by Seaspan Ferries Corporation and would be propelled by two Schottel’s Combi Drives and two
TechnipFMC’s profit slips, as LNG orders boost revenue
25
Jul
zoomImage courtesy of TechnipFMC LNG engineer TechnipFMC reported a drop in net profit for the second quarter of the year as it received record inbound orders boosted by LNG contracts. The company’s profit reached $97 million, 8.2 percent below the $105.7 million reported in the corresponding quarter last year, the
Total to develop LNG import terminal in Benin
25
Jul
Illustration; Image courtesy of Total French energy major Total, the Republic of Benin, and its national power utility Société Béninoise d’Energie Electrique (SBEE) have signed a gas supply agreement and an agreement to develop a floating LNG import terminal in the country. Total said on Tuesday that the agreements entailed
Noble picks Tenaris for Alen gas offshore pipeline construction in Equatorial Guinea
25
Jul
zoomIllustration purposes only (Image courtesy of Tenaris) U.S. oil and gas company Noble Energy has chosen the tubes supplier Tenaris for the construction of the Alen gas monetization project offshore pipeline in Equatorial Guinea. This 70 km pipeline will be constructed to transport natural gas from the Alen offshore platform
U.S.-flagged LNG fleet legislation gets bipartisan support
25
Jul
Image courtesy of garamendi.house.gov The Energizing American Shipbuilding Act, a measure to boost the shipbuilding industry of the United States has received bipartisan support. The act that requires U.S.-crewed, U.S.-built, U.S.-flagged tankers to move 15 percent of the country’s seaborne liquefied natural gas (LNG) exports by 2041 and 10 percent
Novatek’s profits bumped by Arctic LNG 2 stake sale
24
Jul
zoomImage courtesy of Novatek Novatek, Russia’s largest private gas producer, reported a jump in profit for the second quarter of the year. The company reported a net profit of 69.2 billion Russian rubles ($1 billion) for the quarter and 451 billion Russian rubles ($7.1 billion) for the first half of
EPIK enlists WoodMac for southeast Australia’s gas market analysis
24
Jul
zoomPort of Newcastle; Image courtesy of EPIK South Korea’s EPIK, developer of the Newcastle GasDock LNG terminal in New South Wales, Australia, has engaged Wood Mackenzie to conduct the analysis of the southeast Australian gas market. The analysis is to be conducted in parallel with EPIK’s commercial efforts seeking terminal
Puyallup Tribe opposes regulator’s Tacoma LNG determination
24
Jul
zoomImage courtesy of Port of Tacoma The Puyallup Tribal Council has rejected the Puget Sound Clean Air Agency’s preliminary determination to issue permits to the liquefied natural gas (LNG) proposal in Tacoma. The agency completed the review of Puget Sound Energy’s Tacoma LNG application and made a preliminary determination that
First LPG cargo departs Shell’s Prelude FLNG unit
24
Jul
Illustration purposes only (Image courtesy of Shell) Shell’s Prelude FLNG facility located 475 km North-East of Broome in Western Australia shipped its first cargo of LPG. Inpex spokesperson confirmed the LPG cargo shipment to Platts without providing further details. According to the shipping data provided by VesselsValue, the cargo vas
Bluesoul ventures into LNG market with Torgy acquisition
24
Jul
zoomImage courtesy of Torgy China’s Bluesol has acquired the Norwegian LNG containment and fuel gas supply systems provider, Torgy LNG, marking its entry into the market. Bluesoul has acquired Torgy’s assets, people and customer contracts and the merged business will continue to operate under the Torgy brand, Torgy LNG said
FERC establishes new LNG division, opens Houston office
24
Jul
FERC Headquarters in Washington; Author: Ryan McKnight; Source: Wikimedia – under the CC BY 2.0 license The United States Federal Energy Regulatory Commission (FERC) has created a new division to accommodate the growing number of applications to site, build, and operate LNG export terminals. FERC said on Tuesday that the