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Golar LNG Ltd shares surged over the weekend as the company entered a definitive agreements with Pan American Energy (PAE) for a 20-year deployment of one of its floating LNG production units in Argentina to tap the vast resources of the Vaca Muerta Shale.
The US was taking hurricane protection measures for July 7 and July 8 as the first major storm of the season, Hurricane Beryl, blew past Jamaica and Mexico and entered the Gulf of Mexico as a severe Tropical Storm headed for Texas and Louisiana, the centres of oil and gas…
Seatrium of Singapore, a leading global company in repairing, upgrading or refitting LNG carriers, has signed a favoured customer contract with the Angelicoussis Group, the largest shipping line in Greece and one of the world’s largest privately-owned fleets with 141 ships operating under Maran Gas, Maran Tankers and Maran Dry.
Free ReadDenmark, one of the largest energy traders in LNG and gas and power in the Nordic market, has brought pipeline natural gas supplies to two of the nation’s isolated areas. The Danish Energy Agency has issued permits for Energinet and Evida to put the Lolland-Falster pipeline into operation on Danish…
Santos Ltd, the Australian operator of two liquefied natural gas export plants and a main shareholder in Papua New Guinea LNG assets, has seen its shares surge on take-over speculation, separately involving the Saudi Arabian Oil Company and Abu Dhabi National Oil Company.
Mexico has taken hurricane protection measures through July 7 as the first major storm of the season Hurricane Beryl blew past Jamaica towards Mexico, leading to the closure of airports at Cancún and elsewhere and putting the oil and gas industry on watch in the Gulf of Mexico where most…
Gaztransport and Technigaz (GTT), the French maritime LNG storage technology company, has received another order from the China Merchants Heavy Industry shipyard in the eastern province of Jiangsu for the tank design of a new LNG carrier as its orders stack up.
Free ReadSaudi Arabia, the latest entrant into the LNG market with two supply contracts signed in Texas, has discovered seven more oil and gas fields in the Kingdom’s Eastern Province and in the Empty Quarter. Saudi Energy Minister Prince Abdulaziz bin Salman said Saudi Arabian Oil Company (Aramco) had just discovered…
Avenir LNG, the London-headquartered global energy supplier for small-scale projects and gas carriers, has signed a Time Charter Party with Vitol International Shipping, a unit of the global commodities company.