In this issue

 

The Texas LNG Brownsville project said it formally selected Samsung Engineering of South Korea and KBR Inc. of the US to provide a detailed engineering report and estimates before a…
Our North America editor in New York Kinder Morgan, the US pipeline company, has taken investment fund firm EIG Global Energy (EIG) as its partner in the US LNG export…
Chicago Bridge and Iron, the US energy and LNG engineering and construction company, said it was optimistic for substantial backlog growth from new projects in the US and the Middle…
Dynagas LNG Partners, the US affiliate of the Greek shipping company with a fleet of just six LNG vessels carrying some US cargoes and future Russian shipments, reported an 11…
Our North America editor Kosmos Energy, the US company planning to produce liquefied natural gas with BP of the UK from floating hulls offshore Senegal and Mauritania in West Africa,…
Our Asia Pacific editor LNG Ltd, the Australian developer of two North American LNG export projects, has substantially reduced its net losses as it remained on stand-by to start building…
Our Asia-Pacific editor Woodside Energy, the Australian liquefied natural gas plant operator, has signed an agreement with the oil and gas unit of US equipment maker General Electric to work…
Sevan Marine, the Norwegian engineering services company, said it signed a long-term framework agreement with US major ExxonMobil for the provision of services and use of Sevan’s floating LNG cylindrical…
French energy company Total has received 45.9 million common shares in Tellurian Inc., the development company of former Cheniere Energy Chief Executive Charif Souki and his Driftwood LNG project in…
Our North America editor in New York Cheniere Energy, the owner of the Sabine Pass liquefaction plant in Louisiana, the first export facility on the US Gulf Coast, posted a…
UK major BP has agreed to acquire the upstream bio-methane portion of the fueling business established by Clean Energy Fuels Corp. of the US as part of its build-out of…
Our Europe editor Gaztransport and Technigaz (GTT), the French owner of liquefied natural gas maritime and other storage technologies, said annual net profits edged higher as the shipping industry began…
Several developers of US, Australian and Russian projects plan to add additional Trains Our North America editor The latest expansion in Australian and US liquefied natural gas supply capacity, which is…
Our Asia-Pacific editor Woodside Chief Executive Peter Coleman said the Browse LNG project originally planned as an onshore plant in Western Australia, then switched to be a floating LNG venture…

News Nudges

Sardinia FSRU plan

SNAM, the Italian natural gas grid operator and LNG import terminal stakeholder, has signed a contract with shipping and project company Golar LNG to charter the carrier “Golar Arctic” as a floating storage and regasification unit (FSRU) to be deployed in the port area of Portovesme on the Italian island of Sardinia. The Mediterranean island already has a small-scale onshore import facility owned by Avernir LNG. The Golar charter contract was valued at €269 million ($282.5M) and includes the vessel and the costs to Golar of converting the “Golar Arctic” into an FSRU with storage capacity for up to 140,000 cubic metres.


Norway gas forecast

The Norwegian Ministry of Petroleum and Energy has updated its estimate of projected European natural gas sales in 2022 to about 8 percent higher than last year and set to be bolstered by the restarting Hammerfest LNG export plant in Northern Norway and with the volumes helping to offset declining Russian gas sales. The Ministry said deliveries of natural gas from the Norwegian Continental Shelf are expected to be around 122 billion cubic metres by the end of 2022 compared with 113 Bcm in the previous year.


Korean yard orders

Korea Shipbuilding & Offshore Engineering (KSOE), the country’s largest shipyard group, said it won $910 million of orders to build four LNG carriers. Two KSOE affiliates, Hyundai Heavy Industries and Hyundai Samho Heavy Industries, will construct two 174,000 cubic metres capacity vessels each and deliver them to an Asian buyer from the first half of 2025.