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Nakilat, McDermott form fabrication JV

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

IOC scoops Ennore LNG terminal commissioning cargo

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

LNT Marine containment system gets ABS approval

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of LNT Marine American Bureau of Shipping (ABS) granted approval in principle to LNT Marine for its new liquefied natural gas fuel tank design.  LNT Marine, a company created by the merger between LNG New Technologies and MGI Thermo, received the approval in principle for the prismatic semi-pressurized (2 bar

Excelerate, Equinor complete first LNG STS in Bahamas

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Excelerate’s FSRU Exemplar and Equinor’s LNG carrier Arctic Voyager (Image courtesy of Excelerate) Texas-based Excelerate Energy and the Norwegian energy giant Equinor completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in the Bahamas. Utilizing Excelerate’s floating storage regasification unit (FSRU) Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo

Nakilat posts profit jump in 2018

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Q-Max LNG carrier Umm Slal (Image courtesy of Nakilat) Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 5.3 percent rise in its net profit for the year 2018. Nakilat said its 2018 net profit reached 892 million Qatari Riyals ($245 million) which compares to 847

Power of Siberia pipeline to deliver gas to China in December 2019

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gazprom Russian gas giant Gazprom and the China National Petroleum Corporation (CNPC) have discussed plans for the supply of national gas to China. Gazprom said that the parties reviewed a wide range of issues related to cooperation between the companies, focusing on the ongoing preparations for the

Santos becomes operator of four licenses off Australia

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Location of permits/Image courtesy of Santos Australian LNG player Santos and Beach Energy have become 50/50 joint venture partners across four exploration permits in the Bonaparte Basin offshore Northern Australia. Santos said on Monday that it reached an agreement with Beach Energy to become JV partners on the NT/P82, NT/P85,

Kosmos Energy’s chief exploration officer retires. Replacement named

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomTortue development/Image courtesy of BP US-based Kosmos said on Monday that the chief exploration officer and founding partner of the company, Brian F. Maxted, decided to retire, effective February 15. According to the company, Maxted will remain on the board of directors and continue to serve as a special advisor

Top news of the week February 11-16

18 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Nauticor German LNG Terminal inks new long-term supply deal German LNG Terminal, the developer of Germany’s first LNG terminal in Brunsbuettel, has reached another long-term commercial capacity agreement with an unnamed global LNG player. Yemen to resume production of LNG in 2019 The Government of Yemen intends to

KHI delivers NYK-JERA jointly owned LNG carrier

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of KHI Japanese shipbuilder Kawasaki Heavy Industries delivered the Shinshu Maru liquefied natural gas carrier to Trans Pacific Shipping 7, a joint venture between JERA and Nippon Yusen Kabushiki Kaisha (NYK Line).  The vessel with the capacity of 177,000 cubic meters is the second such vessel in Kawasaki’s line to

Anadarko signs Mozambique LNG supply deal with Bharat

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Anadarko US independent Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources for the supply of LNG volumes from the Mozambique LNG development. Under the sale and purchase agreement, Bharat Gas Resources, a Bharat Petroleum Corporation unit, will purchase 1 million tonnes

Phoenix in talks with PNOC on $2 bln Philippine LNG project

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Phoenix Petroleum) Philippine independent oil company Phoenix Petroleum has entered talks with the Philippine National Oil Co. (PNOC) in hopes to secure a strategic alliance with the state-owned firm in its $2 billion LNG Hub project. Talks follow the Department of Energy’s notice to proceed issued

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