Image courtesy of LNG Canada Fluor Corporation and JGC joint venture has been selected as the engineering, procurement and construction contractor for LNG Canada’s proposed export facility in Kitimat, British Columbia. The award is conditional on a positive final investment decision later this year, Fluor said in a statement on
GasLog Partners post record profit in Q1
zoomImage courtesy of GasLog Partners GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, saw its first-quarter profit rise 7 percent compared to the first quarter in 2017. According to the company’s report, the net profit for the quarter on IFRS basis reached $32 million, which is the partnership’s
Photo: Ichthys LNG cooldown cargo arrives
Pacific Breeze (Image courtesy of the Port of Darwin) The Inpex-operated giant Ichthys liquefied natural gas (LNG) export project near Darwin in Australia has received a cooldown cargo. To remind, Japan’s Inpex said earlier this week it purchased a cargo of the chilled fuel in order to cool down the
Volvo’s new LNG-powered truck hits Finnish roads
Image courtesy of Gasum Gasum, the Finnish energy gas company, said Volvo’s new LNG-powered heavy-duty truck has hit the road in the country. The vehicle was refueled at Gasum’s Turku gas filling station, the company said in a statement on Friday. Gasum added that currently, LNG-fueled vehicles can be refueled at
JGC, COOEC join forces on modular FLNG development
zoomImage courtesy of JGC Japan’s JGC Corporation formed ties with China’s Offshore Oil Engineering Co. (COOEC) to jointly work on modular FLNG and FPSO projects. Under the five-year strategic cooperation agreement, the two companies aim at developing facilities from multiple functional units that are fabricated in a third country other than
Exmar moves CFLNG to Cosco shipyard in China
Image courtesy of Exmar Belgium’s Exmar, the Nicolas Savery-led shipowner said Thursday it has relocated its Caribbean FLNG (CFLNG) to a temporary location at Cosco shipyard in China. The barge-based floating natural gas liquefaction and storage facility was previously located at the Wison Offshore & Marine’s yard in Nantong, China.
Gas Natural Fenosa profit rise backed by LNG sales jump
zoomImage courtesy of Gas Natural Fenosa Spanish LNG operator Gas Natural Fenosa reported a net profit of €320 million ($387.3 million) for the first quarter 2018, a 7.4 percent increase compared to the first quarter in 2017. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached €1.05 billion, representing an increase
Eni ramping up production at Egypt’s giant Zohr gas field
zoomImage courtesy of Eni Italian energy giant Eni has brought up the second production unit (T-1) at its Zohr gas field in the Mediterranean Sea offshore Egypt. This will increase installed capacity by 400 MMScfd, just 4 months after the field’s start-up, Enid said on Thursday. Zohr now has a capacity
EnergyQuest: Australian LNG revenue up on higher exports, oil prices
Image courtesy of Chevron Shipments of liquefied natural gas (LNG) from Australia have reached 5.4 million tons in March, rising month on month. Energy consultancy, EnergyQuest, noted in its latest report that during March, Australian LNG projects exporter a total of 80 cargoes compared to 77 cargoes in February, totaling
LLOYDS ENERGY PASSES COMPLETENESS CHECK FOR PNOC LNG HUB PROJECT
Lloyds Energy has moved one step closer in its offer to build and develop an LNG Energy Hub in the Philippines, having recently received a letter from the Philippine National Oil Company that its unsolicited proposal for the PNOC Batangas Bay Energy Hub Project has been determined to be complete