Mitsui OSK Lines (MOL) is to more than double its fleet of FSRUs to take advantage of a construction boom for gas-fired power stations in developing regions, such as in Southeast Asia.
Cheniere Energy has said it is conducting previously scheduled turnarounds on Trains 3 and 4 at the Sabine Pass LNG export terminal in Louisiana, as part of its maintenance plan for the facility.
Free ReadAwilco LNG has agreed a term sheet for the refinancing of the two 2013-built 156,000 cu m TFDEs ‘WilForce’ and ‘WilPride’ It was signed with a major leasing company based in Asia. The agreement is structured as a sale/leaseback similar to their current financing and enables a full take…
Saipem has signed an agreement with Technip France and NIPIgaspererabotka to participate in the Arctic LNG2 joint venture project.
GasLog Ltd has reported a loss of $10.5 mill on revenues of $154.3 mill for the second quarter of this year.
Free ReadOn 31st July, GasLog Ltd took delivery of the ‘GasLog Warsaw’ from Samsung Heavy Industries. This 180,000 cu m Mark III Flex Plus fitted LNGC is powered by a low pressure dual fuel 2-stroke X-DF engine. She immediately entered into a new charter with a wholly-owned subsidiary of Cheniere Energy…
Royal Dutch Shell reported a small decline in liquefied natural gas sales volumes to 35.4 million tonnes for the first half while earnings from the natural gas division dropped 25 percent on lower pricing amid the start-up of the Prelude FLNG facility offshore northwest Australia.
Occidental Petroleum Corp. recorded a fall in second-quarter profits as it advanced with its takeover of Anadarko Petroleum whose shareholders are scheduled to vote on the deal on August 8, deciding the final destination of a major stake in Mozambique LNG.
Free ReadUS pipeline company Kinder Morgan and its equity fund partners have received a permit from the US Department of Energy to export domestic natural gas from the Gulf LNG export project proposed at the site of an existing import terminal near Pascagoula in Mississippi. “This announcement advances the Trump administration’s…
BP of the UK and Italian energy company Eni have signed an exploration and production sharing agreement with the Sultanate of Oman for a block in the centre of the country amid a revived domestic natural gas sector, rising liquefied natural gas exports and plans for a small-scale LNG plant…