Free ReadAvenir LNG Ltd, a company owned by Norwegian shipping and infrastructure companies, has delivered its first dual-purpose liquefied natural gas bunkering and supply vessel (LBV), the “Avenir Advantage”, to the Future Horizon joint venture comprising Malaysia’s MISC Group and Avenir. The ship was constructed by Keppel Offshore and Marine at…
Teekay LNG Partners, whose gas group units own, charter or have stakes in 77 vessels, including 47 liquefied natural gas carriers and 30 liquefied petroleum gas or multi-gas vessels, reported lower third-quarter profits but was optimistic on the coming year.
The latest LNG market report from Australia said LNG supplies to China are still strong even amid trade tensions that led liquefaction plant operator Woodside Petroleum to suspend talks with the Chinese over taking a stake in the Scarborough gas field offshore Western Australia.
Abu Dhabi National Oil Company’s LNG unit has signed a supply agreement with global commodities company Vitol for the sale of 1.8 million tonnes per annum of cargoes for six years and another two-year deal with French major Total for 750,000 tonnes.
Free ReadThe Sener engineering and technology group in Spain, known in the LNG industry for being a main contractor on the Dutch LNG import terminal in Rotterdam and other projects, has appointed Gabriel Alarcón, up until now General Manager of Technology and Innovation, as Managing Director of Sener Engineering, the area…
US LNG equipment-maker and provider Air Products posted a rise of 7 percent in fiscal full-year net income to $1.93 billion as it was awarded three major LNG contracts for plants in Mozambique in southeast Africa, Qatar and Algeria.
Japanese spot LNG prices for October contracted cargoes jumped by $1.50 per million British thermal units from the previous month and were also higher than in the same month of 2020 as North Asian market demand increased.
Australian energy company and LNG operator Woodside Petroleum said it had made operational advances in 2020 in the midst of several challenges and was also progressing with its project development offshore Senegal in West Africa.
GasLog Ltd, the Greek LNG fleet owner with 35 carriers split with its US affiliate GasLog Partners, reported an increase in third-quarter profits of more than 13 percent as overall revenues slipped because of the expiry of several charters, offset by new agreements in US and UK.
Free ReadUS engineering company McDermott International was awarded a contract to provide front-end engineering and design services for the Ichthys liquified natural gas field development of Japanese energy firm Inpex Corp. offshore Western Australia. The Houston, Texas-based company said the award was for a booster compression module with optional engineering, procurement…