Oil Search H1 revenue jumps despite second-quarter drop
WoodMac: Abadi LNG revised plan approved. Challenges still lie ahead
16
Jul
Location of Abadi project; Image courtesy of Inpex Japan’s Inpex Corporation has received approval from Indonesian authorities for the revised Plan of Development for the Abadi LNG project but challenges still lie ahead. Inpex (operator, 65 percent) and Shell (35 percent) will develop Abadi via an offshore production facility and
Qatargas hits 3000 LNG cargoes to Japan milestone
16
Jul
Image courtesy of Qatargas The world’s largest liquefied natural gas producer Qatargas hit a new milestone as it delivered the 3,000th liquefied natural gas (LNG) cargo to Japan. The first ever Qatari shipment was delivered to Kawagoe LNG receiving terminal on January 10, 1997. The 3000th LNG cargo, which was
ABS, MOL partner up on VLECs and LNG carriers
16
Jul
Image courtesy of ABS American Bureau of Shipping (ABS) and Mitsui O.S.K. Lines (MOL) have signed a memorandum of understanding (MOU) to collaborate on up to 14 new gas carriers. The agreement covers seven new-build very large ethane carriers (VLEC) and up to seven new-build liquefied natural gas carriers (LNGC)
McDermott bags Sohar LNG bunkering deal in Oman
15
Jul
Image courtesy of McDermott LNG contractor McDermott International has been awarded a contract to provide front-end engineering design (FEED) services for the Sohar LNG Bunkering Project in Oman. The contract valued up to $50 million, which McDermott considers a sizeable deal, has been awarded by Total Oman E&P Development in partnership
EnergyQuest: Australian LNG export soar in FY 2019
15
Jul
zoomIllustration purposes only (Image courtesy of Shell) Liquefied natural gas (LNG) exports from Australia increased during the 2018-19 fiscal year as a total of 1,111 cargoes departed the country’s LNG facilities. In terms of volumes, Australian LNG exports in FY 2019 reached a total of 75.1 million tonnes 21.2 percent
EIA: Vaca Muerta gas production increase leads to LNG exports from Argentina
15
Jul
Tango FLNG; Image courtesy of Black & Veatch Gas production growth from Argentina’s Vaca Muerta has lead to exporting the country’s LNG, the Energy Information Administration (EIA) said. According to information from the EIA, Argentina’s domestic natural gas production has been rising steadily in the past three years, largely due
BHP issues tender for LNG-fueled bulk carrier freight
15
Jul
Rashpal Bhatti (Image courtesy of BHP) Melbourne-headquartered resource company BHP floated a bulk carrier tender for LNG-fuelled transport for up to 27 million tonnes of its iron ore. The company said in its statement on Monday it is the world’s first such tender. Rashpal Bhatti, vice president, maritime and supply
Höegh LNG completes PGN FSRU Lampung class renewal
15
Jul
Image courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG said it has completed class renewal of its PGN FSRU Lampung. The company said in a brief statement through its social media channels that the operation was completed afloat, while the vessel remained at its offshore location in order
South Korea’s Kogas reports steep LNG sales drop in June
15
Jul
Image courtesy of Kogas South Korean state-owned Korea Gas reported the largest drop in LNG sales since October 2017 in its latest monthly update. The company’s LNG sales reached 1.91 million tons in June, 14 percent below the 2.22 million tons reported in the corresponding month last year. Compared to
Sixth Flex LNG carrier starts gas trials in South Korea
15
Jul
Flex Courageous; Source: Flex LNG Flex LNG, a company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has started gas trials in South Korea on its Flex Courageous LNG carrier. Flex LNG said via social media on Monday that the carrier would be the
Top news of the week July 8-13
14
Jul
Image courtesy of BW LNG Total kicks up investment in Tellurian’s Driftwood LNG US LNG export project developer, Tellurian signed deals with units of France’s Total for the purchase of volumes from, as well as an investment in the 27.6 mtpa Driftwood LNG project near Lake Charles, Louisiana on the