Image courtesy of Epic Gas Singapore-based gas shipping giant BW Group purchased 54.7 percent of the issued shares of Epic Gas and is looking to buy the remaining shares completing the takeover. BW Group said in its statement on Tuesday it purchased 38,548,329 shares in Epic Gas and launched its
zoomIllustration only. Image source: Pixabay under CCO Creative Commons license. Canadian ability to be competitive in a global market is hampered by the current market access challenges, a report by the Canadian Association of Petroleum Producers (CAPP) shows. Lack of pipelines and insufficient infrastructure are crippling Canada’s competitiveness in the
Image courtesy of BigLift BigLift Shipping and Chung Yang Shipping have reached an agreement for cooperation in heavy transport shipping in LNG, oil and gas markets. The four heavy transport vessels will be commercially operated by BigLift Shipping, BigLift said in its statement on Monday. With this combination of two
Manzanillo LNG terminal (Image courtesy of Samsung C&T) Mexico’s state-run Federal Electricity Commission (CFE) is reportedly looking to purchase a single cargo of liquefied natural gas (LNG). CFE launched a tender seeking an LNG cargo for April delivery, Reuters reports, citing two industry sources. The supply tender closes on Tuesday,
zoomMaria Energy/Image courtesy of TEN Greek shipping company Tsakos Energy Navigation (TEN), has agreed charters for two of its LNG carriers. TEN said that it received charters for its Neo Energy and Maria Energy carriers for an aggregate period of 36 months. According to the company, the total gross revenues
zoomAn artist rendering of the proposed Texas LNG facility (Image courtesy of Texas LNG) The United States Federal Energy Regulatory Commission has issued the final environmental impact statement (FEIS) for Texas LNG export facility located in the Port of Brownsville, Texas. “The FEIS is a result of FERC’s comprehensive environmental,
zoomIllustration purposes only (Image courtesy of Cooper Energy) Australian exploration and production company, Cooper Energy said installation and testing of the 67 km control umbilical connecting the Sole gas field with the Orbost gas plant has been completed. The milestone marks the completion of the offshore construction phase of the
Image courtesy of Egyptian Ministry of Petroleum Egyptian Natural Gas Holding Company (EGAS) has lined up four cargoes of liquefied natural gas cargoes for sale. Citing industry sources Reuters reports the four cargoes are all scheduled for loading in April. The tender is scheduled to close on March 18 with
Image courtesy of GasLog Monaco-based LNG shipper GasLog named a couple of its newbuild liquefied natural gas tankers at the Samsung Heavy Industries shipyard in South Korea. In a brief social media statement, GasLog said the two vessels have been named the GasLog Gladstone and the GasLog Warsaw. The GasLog
zoomIllustration purposes only (Image courtesy of Meyer Turku) Finland’s Meyer Turku shipyard floated out the LNG-powered Costa Smeralda cruise ship, marking the beginning of the final stage of construction of the Costa Cruises’ vessel. The float-out marks the start of the outfitting phase in the ship’s construction. It will be
