Offshore LNG News - page 3


Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece

May 03, 2022

The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.Once delivered, the FSRU, with a capacity of 153…

Tanker to Arrive at Norway LNG Plant as Restart Looms

May 03, 2022

Liquefied natural gas (LNG) tanker Arctic Voyager is set to arrive at Norway's Hammerfest terminal on May 9, Refinitiv Eikon data showed on Monday, ahead of a planned restart of gas production the following week.Europe's only large-scale LNG plant…

Belgium's Exmar Loss Deepens as it Seeks LNG Ship Charterer

Apr 29, 2022

Belgian shipowner Exmar reported a wider loss in the first quarter of 2022 as it continued to seek a user to charter one of its giant liquefied natural gas (LNG) ships.Exmar, which offers maritime and offshore services, reported a consolidated loss after tax of $7…

Malaysia's Petronas Sees Higher Demand as Focus Turns to Energy Security

Apr 27, 2022

Malaysian state energy firm Petronas is seeing growing demand for gas as the world lifts COVID-19 restrictions and prioritizes energy security due to Russia's invasion of Ukraine, its chief of upstream operations told Reuters on Wednesday.Petronas…

Australia's Woodside Expects Long-term Gain from Energy Security Fears

Apr 26, 2022

Australia's Woodside Petroleum reported a more than twofold jump in quarterly revenue on Tuesday, buoyed by rising oil and gas prices, and it expects to benefit in the longer term from energy security fears due to Russia's invasion of Ukraine…

Floating LNG Terminal to Enter Operation in Early 2023 in Germany -Welt

Apr 26, 2022

A floating liquefied natural (LNG) gas terminal will enter operation at the start of 2023 in the German state of Schleswig-Holstein, newspaper Die Welt reported on Tuesday, citing state premier Daniel Guenther.'We are working at full speed on this…

Report: Shell in Talks with Chinese Oil Firms to Sell Its Sakhalin-2 Stake

Apr 22, 2022

Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine, The Telegraph reported on Thursday.The London-listed company is in joint talks with Chinese state-run oil companies CNOOC Ltd…

Rising Calls for U.S. LNG Revive Stalled Export Projects, but at Higher Costs

Apr 21, 2022

Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But rising costs for materials and labor threaten to snarl these plants once again.Two developers with projects sidelined due to the U…

Morocco Considers Onshore, Offshore Options for LNG Import Facility

Apr 18, 2022

Morocco is studying options at several ports to build a floating or land-based facility to import liquefied natural gas (LNG), Energy Minister Leila Benali said on Friday.Morocco relied for much of its gas needs - about 1 billion cubic meters…

Using Storage Tanks from Older LNG Carriers Could Boost FLNG Production

Apr 14, 2022

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers. The design…

Eni Inks Deal for Egyptian LNG Exports to Europe

Apr 13, 2022

Italy's Eni has signed a framework agreement with the Egyptian Natural Gas Holding Company (EGAS) to provide shipments of Egyptian liquefied natural gas (LNG) for Italy and Europe, the Egyptian government said on Wednesday.'The agreement also…

EnerMech Lands 5-year Ichthys LNG Inspection and Maintenance Deal with INPEX

Apr 12, 2022

UK-based company EnerMech has won a five-year contract in Australia with Japanese oil and gas company INPEX  for the provision of inspection and maintenance services at Ichthys gas project.Under the contract, of an undisclosed value, EnerMech…

Japan Tops Up LNG Reserves as Possible Russian Gas Cutoff Looms

Apr 12, 2022

Japan's government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports…

Australia: Woodside Shareholders to Benefit from $40B BHP Merger - KPMG

Apr 08, 2022

Australian gas producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.Global miner BHP agreed to…

Woodside Receives Key Approvals for Scarborough Gas Project

Apr 05, 2022

Woodside Petroleum Ltd said on Wednesday it has received key approvals from the Australian and Western Australian state governments for the Scarborough gas project off the country's northwest coast.The approvals for a pipeline license and the…

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