zoomImage courtesy of Brittany Ferries French shipping company Brittany Ferries noted that its LNG-powered cruise ferry Honfleur will not be delivered on schedule, in time for the 2019 summer season. The delay is a result of financial setbacks at the Flensburger Schiffbau-Gesellschaft (FSG) shipyard, Brittany Ferries said in its statement. FSG was hit
Image courtesy of Indian Oil LNG Indian Oil Corporation is reportedly seeking a liquefied natural gas cargo to use for the commissioning purposes of its Ennore LNG terminal at the Kamarajar port. Citing industry sources, Reuters reports the company has sought a partial cargo to be delivered on February 25.
zoomImage courtesy of Wärtsilä Finnish engine maker Wärtsilä is set to cut 1,200 jobs to profitability in the coming years, as its profit saw a decrease during the fourth quarter of 2018. The company noted that its orders reached a total value of €6.3 billion ($7.2 billion) which is 12 percent above the €5.6 billion in 2017. During
zoomImage courtesy of Ophir Energy London-based Ophir Energy on Wednesday that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid. Under the agreement, Medco Global, a unit of Medco Energy, will acquire the entire issued and to be issued ordinary share
Image courtesy of Wison Wison Offshore & Marine has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for its floating natural gas to methanol (FGTM) facility. Wison said in its statement the system is capable of eliminating heavy upfront capital expenditure during offshore LNG production. The FGTM
zoomImage courtesy of Klaipedos Nafta Klaipedos Nafta, the operator of the Lithuanian LNG terminal in the port of Klaipeda performed the 20th small-scale liquefied natural gas reloading operation. On Monday morning, the LNG feeder and bunker vessel Kairos arrived to Klaipėda LNG terminal for the reload operation, the company said
zoomImage courtesy of Pilbara Port Authority Operations at the Port of Dampier located in the Pilbara region of Western Australia continued operations following tropical Cyclone Riley. Pilbara Ports Authority noted in its update on Monday that “shipping operations at the Port of Dampier have resumed in a staged manner, with all
Illustration purposes only (Image courtesy of Samsung Heavy) South Korean shipbuilding giant Samsung Heavy Industries said Tuesday it won a new order to build two liquefied natural gas (LNG) carriers. Samsung will build the 419 billion won ($376m) worth LNG tankers for Copenhagen-based Celsius Tankers. The shipbuilder said it would
Illustration purposes only (Image courtesy of Excelerate Energy) The United States Federal Energy Regulatory Commission issued an order vacating Aguirre Offshore GasPort permit to site, build and operate facilities off Puerto Rico. FSRU specialist, Excelerate Energy initially proposed the project for the southern shore of the Commonwealth of Puerto Rico,
zoomIllustration purposes only (Image courtesy of Total) Illustration purposes only (Image courtesy of Total) France’s Total made a new discovery in the North Sea offshore U.K., on the Glengorm prospect located in the Central Graben. The well was drilled to a final depth of 5,056 meters and encountered 37 meters net
zoomImage courtesy of Sempra Energy U.S. energy company and LNG operator Sempra Energy said it is initiating the process to sell its equity interests in its South American businesses, including Luz del Sur in Peru and Chilquinta Energía in Chile. The move is a result of the company’s intention to increase its focus on North American
