Höegh LNG Holdings announced that the company has ordered its floating storage and regasification unit, FSRU#8, at Hyundai Heavy Industries (HHI) in South Korea. FSRU#8 is designed to the highest specifications, has full trading capability…
Höegh LNG Holdings has signed an FSRU contract with Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around US$36 million…
Designing a tightly packed, complex turret system is one thing. Designing so it can be built and then maintained without causing hiccups is another. Carlo Pellegrino of Italy’s RINA Services explains. FSRU Toscana…
Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
Wärtsilä signed a five-year technical management agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The Golar LNG vessel…
Stolt-Nielsen and Golar LNG jointly announced the formation of a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has made a strategic investment in Golar LNG through open-market purchases…
Höegh LNG Holdings Ltd. it taking its option to order a fifth floating storage and regasification unit (FSRU) at Hyundai Heavy Industries (HHI) in South Korea. The FSRU, which will be delivered during the 1H 2017, has full trading capability…
EPC firm Wison Offshore & Marine selected AVEVA Marine software for the engineering, design and construction of its offshore Floating Storage Regasification Unit (FSRU) projects. An Wenxin, Senior Vice President of Wison Offshore & Marine…
The Hoegh LNG-owned Perusahaan Gas Negara (PGN) floating storage and regasification unit (FSRU) Lampung received its first cargo of LNG through ship-to-ship transfer on 27 July offshore Indonesia. It entered its final commissioning phase…
Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
The Toscana became the world’s first permanently moored floating storage and regasification unit earlier this year. Nick Palmer talks more about the unit and its external turret mooring system. This August saw the final installation and hook up of the floating…
Israel first hit the international stage as an oil and gas country in 2003, when Houston-based Noble Energy discovered the Mari-B field. The Tamar and Leviathan fields were discovered 2009-2011. All are located in the Levant basin, which encompasses about 83…
GDF SUEZ signed a 15-year BOOT (build, own, operate and transfer) contract with Gas Sayago SA for LNG storage and regasification services in Uruguay. The GNL del Plata plant is located offshore in the Punta Sayago area, near Uruguay's capital Montevideo…
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