Qatar Petroleum, the world’s largest LNG producer, entered into an agreement with the US energy giant ExxonMobil, to acquire a 30 percent equity stake in two ExxonMobil units in Argentina. The two units ExxonMobil Exploration Argentina and Mobil Argentina hold different hydrocarbon licenses for seven blocks in the Vaca Muerta play
zoomImage courtesy of CNOOC China National Offshore Oil Corp. (CNOOC) unit, CNOOC Gas & Power said it will begin construction of six liquefied natural gas (LNG) storage tanks at its Tianjin LNG terminal. The expansion has been approved by the company’s committee on May 28, CNOOC said in a statement.
zoomImage courtesy of AGL Australia’s AGL Energy is eyeing a final investment decision for its and the country’s first LNG import terminal in the financial year 2019. The company declared Crib Point in Victoria as the preferred site for the terminal, saying it is best placed to serve Victoria, Australia’s largest
Image courtesy of Aqualis Offshore Aqualis Offshore said it has completed the jacket installation engineering of a 1800T steel jacket structure offshore Bahrain as part of the Bahrain LNG import terminal. Aqualis Offshore, part of Oslo-listed Aqualis ASA, delivered the project in cooperation with APMC, who were in charge of the transportation
Image courtesy of Copenhagen Malmö Port (CMP) Copenhagen Malmö Port (CMP) completed the first LNG bunkering operation when the liquefied natural gas-fueled cement tanker Ireland called at the port. Ireland bunkered LNG via a truck-to-ship method, while it unloaded cement at Cementa’s facility. The Bunkering operation was carried out by
Jill Söderwall from the Port of Gothenburg and Johan Zettergren from Swedegas broke ground for the new plant earlier in the year Nordic gas companies, Swedegas and Barents NaturGass, have signed an agreement to deliver liquefied natural gas (LNG) to a bunkering facility in the Port of Gothenburg. The infrastructure
Image courtesy of GasLog Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries. The shipper ordered a 180,000 cubic meter-LNG carrier (HN 2262) with a low-pressure two-stroke propulsion, with
Image courtesy of PTT LNG Thai state-run oil and gas company PTT could up its LNG trading efforts seeing the demand from China, Vietnam, and Myanmar growing. The decline in demand from Japan, South Korea, Taiwan as well as domestically in Taiwan prompted the company to look elsewhere. Bangkok Post
zoomImage courtesy of Petronas Malaysian energy giant Petronas reported a 26 percent jump in its profit for the first three months of the year. The company’s profit after tax reached 13.0 billion Malaysian ringgit ($3.3 billion) on the back of higher revenue, the company said, adding that its revenue grew
zoomImage courtesy of Adriatic LNG Flexibility tools have to be offered by European LNG terminal operators in order to boost the competitiveness and the utilization of LNG infrastructure in Europe. Speaking at an event in Italy, Adriatic LNG’s commercial manager Corrado Papa, said,“at the moment, in Europe, the infrastructures with
zoomImage courtesy of Stena RoRo Göteborg-based Stena RoRo placed an order for a new LNG-fueled RoPax class ferry with the Chinese shipyard AVIC International and signed a 10-year charter deal with Brittany Ferries. The vessel, sixth in the so-called Stena E-Flexer RoPax class is set for delivery in autumn of 2021,