In this issue

 

Our North America editor in New York The US subsidiary of French energy company Total has asked for more time to put together a possible appeal against fines of $216.6…
Our Asia-Pacific editor Origin Energy, a shareholder and coal-seam gas provider for the Australia Pacific LNG plant in Queensland, reported an improved quarterly performance thanks to the cargoes lifted from…
Air Products, the leading provider of LNG liquefaction equipment, posted adjusted quarterly net income from continuing operations of $397 million, up 18 percent compared with a year ago.
LNG trade returned to growth after three years of stagnation, according to according to a report from Cedigaz, the France-based consultants and information organization that publishes analyses and surveys of…
Our Europe editor French energy and liquefied natural gas engineering company Technip said it achieved its first-quarter objectives in the “harsh” downturn as it advanced the world’s first two floating…
Amec Foster Wheeler, the energy and LNG engineering and construction company, said it had appointment Jonathan Lewis from US company Halliburton as its new Chief Executive with effect from 1…
Our North America editor in New York FMC Technologies Inc., the US-based energy and liquefied natural gas project contractor and services supplier, posted a first-quarter drop of 29 percent in…
How Texas plant is now emerging from the mist of the Gulf Coast Our North America editor in New York Cheniere Energy, operator of the Sabine Pass liquefied natural gas…
Our Asia-Pacific editor Australia’s largest LNG plant operator Woodside posted an almost 31 percent plunge in liquefied natural gas revenue in the third quarter to US$727.4 million from $1.05 billion…
Chevron Corp. said its Wheatstone venture in Western Australia has signed a natural gas agreement with Alinta Energy for the local domestic market in addition to current LNG supply agreements…
Our Europe editor Finland has begun sea trials for the world’s first LNG-powered icebreaker named “Polaris” and built at the Arctech Helsinki Shipyard.
Mitsui Osk Lines, the Japanese shipping company involved in operating about 70 liquefied natural gas carriers, has established a new LNG management company in Hong Kong called MOL LNG Transport…
United Arab Shipping Co., Royal Dutch Shell and the world’s largest liquefied natural gas producer, Qatargas, have signed an agreement to jointly study projects related to the development of LNG…
Our North America editor in New York US energy companies and liquefied natural gas project developers have hailed the passing by the Senate of a bill that will make it…

News Nudges

GasLog-Golar pool ending

GasLog Ltd, the Monaco-based LNG fleet owner with 25 ships operating and nine others on order, and its US-listed affiliate GasLog Partners have announced the formal end of the “Cool Pool” spot shipping tie-up with Golar LNG. The “Cool Pool” is an LNG carrier pooling agreement between GasLog and Golar focusing on spot fixtures of up to 12 months. GasLog explained that its decision followed Golar’s declared intention to spin-off its spot LNG vessels, while GasLog believes there will soon be a tightening of the shipping market and an increase in multi-year charter opportunities.


Flex gets June date

Flex LNG, the growing LNG shipping company with four vessels operating and nine others on order and whose largest shareholder is a company controlled by Norwegian magnate John Fredriksen, said its listing on the New York Stock Exchange would take place on June 17. The company, already listed on the Oslo exchange, said the company's ordinary shares had been approved for listing and would commence trading on the NYSE under the ticker name “FLNG”.


LNG carrier accident

Awilco LNG, the small Norwegian fleet owner with two vessels, has given details of an accident off Singapore involving its 156,000 cubic metres capacity carrier, the “WilForce”, which was struck by another vessel on May 30 while under charter. Awilco said no crew injuries or spills took place onboard the “WilForce” and the vessel was now at a yard in Singapore for class inspection and hull repairs.