zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer, Oil Search reported an increase in its full-year 2018 net profit despite its operations being affected by the February earthquake in PNG highlands. Oil Search noted its profit after tax reached $341 million for 2018, 13 percent above the
Image courtesy of GTT/Roland Mouron French LNG containment specialist GTT has received an order from Samsung Heavy Industries (SHI) for a tank design on a new 174,000-cubic meter LNG carrier. GTT said on Monday that the order by SHI was made on behalf of the Danish ship-owner Navigare. The company
zoomImage courtesy of Anadarko The Woodlands-based Anadarko Petroleum said it has firmed up another Mozambique LNG sale and purchase agreement, agreeing to supply 1 mtpa to Indonesia’s state-owned oil and gas company Pertamina. The deal signed by Mozambique LNG1 Company, the jointly owned sales entity of the Mozambique Area 1 co-venturers,
zoomImage courtesy of Origin Energy Australia’s power and gas retailer Origin Energy has agreed to sell its Ironbark onshore coal seam gas project to Australia Pacific LNG for A$231 million ($164 million). The Ironbark project, located in Queensland’s Surat Basin, has 129 PJ of 2P reserves and 192 PJ of
zoomImage courtesy of Air Products US-based LNG equipment maker, AirProducts, on Tuesday said it has been contracted to provide its technology, equipment and related process license for Golden Pass LNG export project in Sabine Pass, Texas. LNG giant Qatar Petroleum and US energy juggernaut ExxonMobil have taken the final investment
zoomImage courtesy of Annova LNG Annova LNG has signed a deal with the South Texas Electrical Cooperative (STEC) for 405 MW, representing the total electric transmission needs for its natural gas export project in Brownsville, USA. Annova LNG plans to build a liquefied natural gas export facility with a capacity
Proposed Kwispaa LNG site (Image courtesy of Steelhead LNG) Huu‐ay‐aht First Nations said it was notified by Steelhead LNG that it has ceased current project work on the Kwispaa LNG project. Vancouver-based Steelhead LNG, in cooperation with First Nations, lead the project including a liquefied natural gas export facility located
Image courtesy of Port of Zeebrugge Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners, Engie, Mitsubishi Corporation and NYK, signed an LNG bunkering agreement with the Norwegian energy company Equinor. Under the agreement, Marine LNG Zeebrugge will supply liquefied natural gas as a marine fuel to Equinor’s four
zoomImage courtesy of Qatar Petroleum LNG giant Qatar Petroleum launched its localization program for services and industries in the energy sector aiming to localize the sector’s supply chain. The program is Qatar Petroleum effort towards optimizing Qatar’s natural resources, higher efficiency and returns, and growth and expansion. Speaking of the
Illustration purposes only (Image courtesy of Containerships) Finnish shipping company Containerships, part of French CMA CGM group, said its earnings before interest, taxes, depreciation and amortization (EBITDA) estimates have been cut. The earlier guidance was set above the 2017 figure, the company said, adding that under the updated guidance EBITDA is
zoomImage courtesy of Nakilat Qatar’s Nakilat on Monday said it has signed an agreement with McDermott to form a joint venture (JV) company providing offshore and onshore fabrication services in the country. The strategic partnership aims at increasing productivity levels at Nakilat’s Erhama Bin Jaber Al Jalahma Shipyard and developing
Image courtesy of Indian Oil LNG India’s biggest refiner, Indian Oil Corp, has reportedly purchased the commissioning cargo for its Ennore liquefied natural gas terminal at the Kamarajar port in south India. Sources told Reuters the partial cargo purchased from the Swiss commodity trader Gunvor is set for delivery on February 26 as