Hoegh LNG said on Thursday it had let agreements lapse in Chile that tied one of its floating liquefied natural gas (LNG) import vessels to a project there because approvals for the initiative were likely to be delayed again.The Norwegian company…
In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group, to undertake the topside module fabrication and integration of the FPSO Carioca MV30…
The trading arm of China National Offshore Oil Corp (CNOOC) struck a three-year lease for a bigger floating storage and regasification unit (FSRU) from Hoegh LNG as it seeks to boost imports of liquefied natural gas (LNG).In a statement, shipowner…
Wison Offshore & Marine has signed a strategic cooperation agreement with LNG transport and containment system firm GTT work together on various LNG projects, including LNG floating storage regasification units and floating LNG. Wison says…
Wison Offshore & Marine’s newly-developed floating storage regasification and power generation barge, the W-FSRP, has received approval in principle (AIP) from Bureau Veritas. W-FSRP. Image from Wison…
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard, will soon deliver the world's first converted floating liquefaction vessel (FLNGV) owned by Golar Hilli Corp., a subsidiary of Golar LNG Ltd. Hilli Episeyo…
Höegh LNG has put in orders for several newbuild floating storage and regasification unit (FSRU) with two Asian shipyards, South Korea’s Samsung Heavy Industries (SHI), and Hyundai Heavy Industries (HHI). The deal with SHI includes one firm FSRU (FSRU #10)…
Southeast Asia is expected to receive record levels of offshore investment, fueling the expansion of the region’s upstream industry. EIC’s Angeline Elias outlines the hotspots. The top five countries in 2017 leading offshore project activity in the region will be Indonesia…
Brazil’s Petrobras has terminated its contract for the Golar Spirit floating storage and regasification unit (FSRU) one year early, according to Golar LNG. Image from Golar LNG. Golar…
DSME and Kongsberg Maritime entered into joint development agreement (JDA) to develop a new liquefied natural gas (LNG) floating storage and regasification unit (FSRU) control system Image of Wean…
Höegh LNG inked a floating storage and regasification unit (FSRU) contract with Quantum Power Ghana Gas for the Tema LNG import terminal located close to Accra in Ghana. The Tema LNG Project is supported by the Ghana National Petroleum Corp…
Höegh LNG inked a letter of intent (LOI) with Samsung Heavy Industries (SHI) in South Korea for one firm and three optional floating storage regasification units (FSRU). The 170,000 cu m FSRUs have regasification capacity of 750 MMcf/d and full trading capabilities…
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (floating, storage, re-gasification unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. Wärtsilä…
Capital investment in the oil and gas industry in Sub-Saharan Africa has been cut by US$100 billion over the next five years, according to Wood Mackenzie's latest report on upstream activity in the region. Major oil companies are heavily…
Golar LNG Ltd. entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners for US$330 million. In connection with the closing, the Golar Partners will receive a daily fee plus operating expenses…