Image courtesy of GCL China’s GCL Group Holding is reportedly hiring CNOOC senior officials as it prepares to boost its LNG business. The company that is developing a liquefied natural gas export project in Djibouti as well as an LNG import facility in China recently hired CNOOC’s former manager of
WoodMac expects 2019 to be LNG FID year
zoomImage courtesy of Wood Mackenzie The year 2019 could be a major one for final investment decisions (FID) on new liquefied natural gas projects, according to the research and consultancy group Wood Mackenzie. With strong demand growth signals, the supply is bound to respond, the consultancy said. “After a dearth of new
Wärtsilä engines chosen for Ponant LNG-ferry
Image courtesy of Ponant Finnish technology group Wärtsilä’s dual-fuel engine has been selected to power a polar ice-class luxury cruise vessel is being built for the France-based operator Ponant. The 150-meter ship being built at Vard Søviknes, a part of VARD shipbuilding group in Norway, will operate in environmentally sensitive
South Korea’s Sep LNG imports surge
Image courtesy of Kogas South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.36 million tonnes of the chilled fuel in September, a rise of 42.5 percent year-on-year. Compared to the previous month, LNG imports rose 15 percent, according to the customs data. The data shows that
Commonwealth LNG contracts project development trio
zoomImage courtesy of Commonwealth LNG Houston-based Commonwealth LNG signed an engineering service contract with TechnipFMC for engineering services and development of Resource Report 13, for the proposed export terminal in Louisiana. Commonwealth LNG signed a master services agreement with Lloyd Engineering for the marine facility and turning basin design, and support of the water
Samsung Heavy nets LNG carrier order
Illustration purposes only (Image courtesy of SHI) South Korean shipbuilder Samsung Heavy Industries on Monday said it has secured a new order to build a liquefied natural gas carrier. The company said in its stock exchange filing, the deal with an unnamed shipowner from the Oceania region is worth 211.8
Spanish LNG imports rise in September
Image courtesy of Enagás Spain’s imports of liquefied natural gas rose 2.4 percent in September when compared to the same month a year ago, according to the data released by the LNG terminal operator, Enagás. LNG imports reached some 12.2 terawatt hours (TWh) last month as compared to 11.9 TWh in
Tohoku Electric secures Mozambique LNG volumes
zoomIllustration purposes only (Image courtesy of Anadarko) Japanese utility Tohoku Electric Power on Monday said it has secured volumes from the Anadarko-led liquefied natural gas project in Mozambique. Tohoku Electric said it would import up to 280,000 tons of LNG from the project over a period of 15 years, with
Top news of the week October 8-13
Image courtesy of Woodside Woodside picks Bechtel for Pluto LNG expansion Australian LNG player Woodside has selected Bechtel as the preferred execution contractor for the proposed expansion of its Pluto liquefied natural gas facility in Western Australia. QP CEO: LNG shortage to hit sooner than expected The global liquefied natural
Sempra Energy adds to its board
zoomImage courtesy of Sempra Energy US LNG player Sempra Energy on Friday said that Cynthia Walker and Michael Mears have been appointed to the company’s board of directors. Walker is senior vice president of marketing and midstream operations and development for Occidental Petroleum, where she also formerly served as executive vice president and CFO. Mears
KBR snags Tortue Phase 1 FEED job
zoomImage courtesy of KBR KBR has been awarded a front-end engineering design (FEED) contract by BP for Phase 1 of the Tortue field hub/terminal development located on the maritime border between Senegal and Mauritania. The agreement contains a mechanism to allow the transition of the contract to an engineering, procurement and construction management
Government backs H-Line’s LNG-fueled bulker newbuilds
Image courtesy of H-Line South Korean shipping company H-Line placed an ordered a pair of LNG-fueled bulk carriers at the Hyundai Samho Heavy Industry. The order worth some 140 billion South Korean won ($128.5 million) is supported by the Ministry of Oceans and FIsheries with 9.6 billion won ($8.4 million).