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Royal Dutch Shell said quarterly LNG sales volumes of 5.17 million tonnes were 17 percent higher than in the same quarter a year ago, reflecting the contribution from the Qatargas IV Train as well as higher volumes from Nigeria LNG, as it welcomed three new partners into its Prelude FLNG…
Awilco LNG, the Norwegian operator of three LNG carriers on the short-term charter market, believes strong demand for LNG vessels will continue throughout 2012 as it disclosed more details of its activities in its annual report.
Technip said its engineering and procurement activities were progressing well on two onshore Australian LNG projects and two Floating LNG ventures as it reported a record order and a surge in revenues.
Israel Electric Corp. is hoping to buy up to 16 LNG cargoes from December 2012 as it attempts to replace cancelled Egyptian pipeline gas before new offshore pipeline supplies come on stream from the Tamar field in the Eastern Mediterranean in 2013.
Aker Solutions, the Norwegian energy engineering company, was awarded a contract with Woodside Energy for the project for life-span extension of Australia oldest LNG project, the 23-year-old North West Shelf venture.
The Ichthys LNG project in Australia, one of eight currently being developed in the country, said it was helping to fund a new North Australian Centre for Oil and Gas at Charles Darwin University in the port city of Darwin as the country attempts to avoid an energy skills shortage…
Spain's seventh LNG import terminal, due to be completed at the end of the year, will be immediately mothballed because anticipated additional demand for natural gas in the country has not materialised because of the economic slowdown and Euro currency crisis.
Free ReadRoyal Dutch Shell and the board of Cove Energy have agreed on Shell's offer of $1.8 billion for the London-listed company whose main asset is a stake in the Rovuma Area 1 natural gas field offshore Mozambique and its LNG project. "The proposed acquisition of Cove's portfolio would mark Shell's…
The final investment decisions for LNG projects are normally taken in the boardrooms of energy companies, in close cooperation with bankers, and after consulting other stakeholders. However, things function differently in Nigeria, for many years an example of how LNG projects can enhance economic development and benefit the environment.
Enagas, operator of four Spanish LNG terminals and the transmission network, posted quarterly net profit of 86.7 million euros ($114M) in the first quarter, little changed from the same period last year.