zoomImage courtesy of Enagás Spanish LNG terminal operator, Enagás reported a net profit of 219.8 million euros ($258 million) in the first half of 2018, 1 percent higher than that of the same period of the previous year. The contribution by affiliate companies to net profit in the first half of
zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer, Oil Search, saw its production figures rebound in the second quarter as the ExxonMobil-operated PNG LNG project restarted. Total production in the second quarter of 2018 was 5.40 million barrels of oil equivalent (mmboe), 12 percent above the 4.84
Image courtesy of Nigeria LNG Nigeria LNG awards Train 7 FEED deals Nigeria LNG has awarded the contracts for the front-end engineering design (FEED) for the seventh train at its Bonny Island liquefied natural gas facility. Total completes $1.5 bln Engie’s upstream LNG assets buy Total said on Friday it
zoomIllustration only. Image source: Pixabay under CCO Creative Commons license. Taiwan Power Company is seeking interested bidders for the supply of 1.8 million tons of liquefied natural gas (LNG) per year on a delivered ex-ship (DES) basis starting from 2025. In its request for expression of interest, the state-owned Taipower,
Image courtesy of Teekay Teekay offshore said the first steel was cut for the first of four E-shuttle tanker newbuilds at the South Korean Samsung Heavy Industries shipyard in Geoje. The new 130,000 dwt vessels will operate on both liquefied natural gas (LNG) as the primary fuel, and a mixture
Image courtesy of Nakilat Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported on Wednesday a 9 percent rise in its first-half profit. Nakilat said its six-month net profit was at 445 million Qatari Riyals ($122.2m) as compared to 409 million Qatari Riyals in the same period last
Image courtesy of Cheniere U.S. exchange operator CME Group and LNG player Cheniere Energy reached a deal to develop an LNG futures contract with physical delivery to Cheniere’s Sabine Pass terminal on the U.S. Gulf Coast. Cheniere’s Sabine Pass LNG terminal first started exports in February 2016, and currently operates four
Image courtesy of Carnival Corporation KfW IPEX-Bank said it is providing approximately €786 million ($925.8 million) for the construction of Carnival Corporation’s new LNG-powered cruise ship under construction at Meyer Werft shipyard in Papenburg, Germany. KfW IPEX-Bank is handling the entire structuring of the financing and taking on the roles
Ichthys LNG onshore plant (Image courtesy of Inpex) Ichthys LNG project hit by new delay The Inpex-led Ichthys LNG project in Western Australia has been hit with a new delay, with gas production from the Ichthys field still not online. World’s first “Sayaringo STaGE” LNG carrier delivered The world’s first
