Qatar Gas Transport Co (Nakilat) achieved a net profit of QAR439 mill for the first quarter of this year, slightly above QAR433 mill recorded for the same period of 2025.
Swiss-based engineering company, Daphne Technology has announced the closure of its first financing round.
Compressor technology provider, Burckhardt Compression has won several orders to supply compressor solutions for LNG terminal projects in Thailand and Taiwan.
Woodside Energy has awarded a services contract to Green Tug Towing – a joint venture of Harbor Docking & Towing and Saltchuk Marine – for the design and construction of four new tugs.
Belgian gas carrier player, EXMAR has started the conversion work needed for a new FSRU to be moored at north Holland’s EemsEnergyTerminal, which is a subsidiary of Gasunie and Vopak.
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As the US blockade of Iran’s ports and the Strait of Hormuz begins, QatarEnergies is working towards restarting some of Ras Laffan’s LNG trains, as shipping disruptions are anticipated to ease by the end of April.
The 30-day moving LNG shipments to Asia average fell to below 600,000 tonnes last weekend – the lowest number of arrivals in nearly six years, Bloomberg ship-tracking data showed.
US financial giant, Goldman Sachs has warned that the damage to Qatar’s LNG infrastructure could push global gas prices anywhere between 50 and 100% higher.