Bacton Gas Terminal News

 

Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources

May 29, 2023

Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…

Germany's LNG Import Terminals Tackle Challenges

May 16, 2023

A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…

Italy's New Floating LNG Terminal to be Operational at End-month, Snam CEO Says

May 08, 2023

The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday. The terminal will make available…

Finland’s New Inkoo Terminal Accepts First LNG

Apr 04, 2023

Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region…

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

UAE's ADNOC Delivers First LNG to German Floating LNG Terminal

Feb 15, 2023

German utility RWE's trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC) on Wednesday, saying the gas will be fed into to onshore pipelines from the end of this month…

First Full LNG Cargo Arrives to Uniper's Wilhelmshaven LNG Terminal

Jan 03, 2023

Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven.The LNG ship Maria Energy, owned by Tsakos Energy Navigation was loaded in Calcasieu Pass, USA, at…

Italy's LNG Import Capacity and New Terminals

Dec 23, 2022

Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…

AG&P Converts LNG Carrier intu FSU for LNG Import Terminal in the Philippines

Oct 24, 2022

Atlantic, Gulf & Pacific International Holdings (AG&P) said Sunday that it had converted the 137,512 cubic meter LNG carrier called ISH into a Floating Storage  Unit (FSU), which will be a part of an LNG import terminal in the Philippines from 2023…

North Sea Firm IOG Names New CEO, COO, CFO after Output Guidance Cuts, Drilling Setback

Oct 21, 2022

Andrew Hockey, CEO of the UK-based oil and gas company IOG, with gas fields in the Southern North Sea, is set to step down after nearly five years in the role. IOG's Chief Operating Officer, David Gibson, is stepping down, too.The news of the resignations came Wednesday…

Technical Challenges to Put Off Denmark's Baltic Pipe Terminal Start-up

Oct 19, 2022

Danish grid operator Energinet said Wednesday that due to continued technical challenges at the terminal in Nybro near Varde, Denmark, commissioning would be delayed and 'is now planned to take place in two stages.'The Baltic Pipe is a strategic…

Shell, Exxon Launch Joint Sale of UK, Dutch North Sea Assets

Sep 27, 2022

Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.The two companies have hired investment bank Jefferies to run the sale…

Eni Applies For Southern North Sea CCS License

Sep 22, 2022

The UK arm of Italian energy group Eni has has applied for a carbon capture and storage (CCS) license for the depleted Hewett gas field in the Southern North Sea.  Eni says that the application, submitted through the North Sea Transition Authority (NSTA)…

North Sea Gas Platform to Serve as Seabird Nesting Site

Aug 25, 2022

Alpha Petroleum Resources Limited and Energean have signed a Memorandum of Understanding (MoU) with offshore wind developer Orsted to explore the potential repurposing of the Wenlock gas platform in the Southern North Sea. According to the companies…

IOG Resumes Production from Saturn Banks Fields

Jun 01, 2022

UK-based oil and gas company IOG has resumed production from its Saturn Banks fields in the North Sea at reduced levels following a halt in May due to Perenco Bacton terminal's issues with handling the fields' condensate.IOG said Wednesday that on 31 May…

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