South Korean LNG shipbuilder Daewoo confirms Russian project orders cancelled amid newbuild surge
South Korean LNG shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME), said it cancelled the last of three LNG carrier orders from 2020 to serve the Yamal LNG export facility in Arctic Russia, operated by natural gas company Novatek.
French LNG technology firm GTT signs technology assistance and licensing agreement with Chinese yard
Gaztransport and Technigaz (GTT), the French LNG storage technology company for ships and onshore, has signed a technical assistance and licensing agreement for the construction of GTT membrane containment systems with Hong Kong-headquartered China Merchants Heavy Industries.
French LNG storage firm GTT reports revenue and profit plunge but says market dynamics are very positive
French liquefied natural gas storage technology firm Gaztranzport and Technigaz (GTT) reported a more than 20 percent drop in revenues in 2021 and net income was down over 32 percent as contracts for 27 newbuilds and a substantial order book failed to boost the bottom line because of timings.
Floating LNG production leader Petronas of Malaysia considers bids to develop and build third FLNG hull
Petronas, the Malaysian oil and gas company and LNG exporter and developer, is assessing front-end engineering and design (FEED) tenders for its third floating LNG production hull.
Leading South Korean LNG carrier builder forms research alliance with universities and class societies
Daewoo Shipbuilding and Marine Engineering (DSME), one of the world’s leading builders of LNG carriers, has revealed plans to set up a global research and development alliance on shipbuilding technologies with universities in the US, Scotland and South Korea and with the top maritime classification societies.
MISC Group of Malaysia is hoping to build on momentum for growth in LNG shipping sector
MISC Group, the Malaysian company with more than 30 liquefied natural gas carriers in its fleet and with engineering and offshore divisions, is hoping to build on the momentum for growth in the shipping sector after sensing increased demand and securing two LNG carrier charters from ExxonMobil.
