Search results for: Excelerate Energy

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  • 31 August 2011

    Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil. In addition, from July 2013 until the arrival of the […]

  • 29 August 2011
    Project & Tenders, Vessels

    Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil. In addition, from July 2013 until the arrival of the […]

  • 7 March 2018

    US floating LNG player Excelerate Energy has named Steven Kobos as the company’s new managing director. According to a statement by Excelerate, Kobos began his position on March 1. The position of president and chief executive officer has been eliminated, it said. Kobos joins Excelerate in this capacity after serving the company for the last […]

  • 23 March 2011

      Excelerate Energy L.P. is continuing its commitment to bringing innovative offshore liquefied natural gas (LNG) solutions by formally developing partnership and project opportunities in floating liquefaction of natural gas. With the increasing global demand for energy and timely, cost-effective solutions, Excelerate Energy has been developing the Energy Bridge Liquefaction Vessel (EBLV) floating liquefaction solution […]

  • 30 August 2011
    Business & Finance

    Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil. In addition, from July 2013 until the arrival of the […]

  • 30 August 2011
    Business & Finance

    Excelerate Energy has executed with Petrobras a 15-year time charter party to provide an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters per day of natural gas to the Southeast Region of Brazil. In addition, from July 2013 until the arrival of the […]

  • 8 November 2018

    US floating liquefied natural gas (LNG) player Excelerate Energy on Wednesday opened its new office in the Qatari capital, Doha. Qatar is the world’s largest LNG exporter and currently has a capacity to produce about 77 million tonnes per year. The country has earlier this year unveiled expansion plans to boost the current capacity to 110 million […]

  • 8 March 2016

    Texas-based LNG player Excelerate Energy said it reduced the size of its commercial trading and chartering team as part of a reorganization. The reorganization, made due to the near full commitment of Excelerate’s fleet to long-term projects, resulted in the elimination of six positions, a spokeswoman at the company told LNG World News in an e-mailed […]

  • 19 July 2016
    Project & Tenders, Vessels

    Bangladesh signed two agreements on Monday with Excelerate Energy’s unit, Excelerate Energy Bangladesh to build the country’s first LNG terminal at Moheshkali Island in the Bay of Bengal.

  • 6 April 2011

      Excelerate Energy L.P. continues to prove the commercial viability of Ship-to-Ship (STS) transfers of LNG with the successful completion of their 100th STS operation. On March 29, 2011, Excelerate Energy’s regasification vessel Exquisite received a transfer of 126,881 cubic meters of LNG. The 100th STS transfer took place in Kuwait at the Mina Al-Ahmadi […]

  • 27 March 2014
    Business & Finance

    Excelerate Energy celebrated the naming ceremony for its newest floating storage and regasification unit (FSRU) “Experience” at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard, Korea, on March 20, 2014. The Experience, constructed to provide long-term service for Brazil’s Petrobras, is the largest and most capable FSRU in the world with a storage capacity of […]

  • 8 December 2017
    Business & Finance

    Excelerate Energy has bought out 50 percent stake in four FSRUs from Belgium’s Exmar NV.

  • 9 June 2015
    Vessels

    Excelerate Energy has canceled its order for the $2 billion floating liquefaction storage and offloading unit at Samsung Heavy Industries.

  • 8 January 2015
    Vessels

    Excelerate Energy completed its 700th commercial Ship-to-Ship transfer of LNG on January 7, 2015 in Escobar, Argentina at the GNL Escobar LNG import facility.

  • 8 February 2017
    Business & Finance

    US-based Excelerate Energy has signed a Letter of Intent (LOI) with South Korean Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to seven floating storage and regasification units (FSRUs). The company said that the initial specifications for the ships include a capacity of 173,400 m3 with a baseload send-out capacity of 1 […]

  • 8 August 2012
    Business & Finance

    Excelerate Energy today announced it has entered into a shipbuilding option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to eight Floating Storage and Regasification Units (FSRUs) between early 2015 and early 2017. The agreement affords Excelerate, the world’s largest operator of regasification vessels and developer of LNG import solutions, […]

  • 17 June 2011

    With President Cristina Fernández de Kirchner present to honor the opening of Argentina’s second LNG import facility, a joint development between YPF S.A., ENARSA and Excelerate Energy, GNL Escobar (GNLE) was officially open for business on June 8, 2011. Located on the Paraná River, about 30 miles outside Buenos Aires City, GNLE utilizes Excelerate Energy’s […]

  • 1 July 2010
    Project & Tenders

    Penta Technologies, Inc., a leading developer of enterprise software for the construction industry, today announced that Excelerate Energy LP has selected PENTA Software for unified management of its Document and Project Management processes. Excelerate serves a wide segment of the liquefied natural gas (LNG) industry by providing special regasification vessels called Energy Bridge Regasification Vessels […]

  • 5 August 2013
    Business & Finance

    With economic effect from 30 June 2013, RWE is selling its 50 per cent share in the US liquefied natural gas company Excelerate Energy. Buyer is the current co-owner, George B. Kaiser. The transaction remains subject to approval by the RWE AG Supervisory Board. “Excelerate Energy has developed to become a very successful global provider […]

  • 3 May 2013
    Business & Finance

    Excelerate Energy completed its front-end engineering and design (FEED) work for the 4.4 million tonne per annum (mtpa) dockside liquefaction facility to be located in the Texas Gulf Coast. The results from the FEED uphold the market validity of the export project as the site-specific study provides more accurate cost estimates and engineering documentation for […]

  • 14 April 2011

      Responding to the changing market for liquefied natural gas (LNG) imports into the U.S. Gulf Coast, Excelerate Energy LP will retire its deepwater facility in the Gulf of Mexico, the Gulf Gateway Energy Bridge Deepwater Port (Gulf Gateway). Excelerate Energy will continue to import LNG into the United States through its Northeast Gateway Deepwater […]

  • 9 June 2015
    Vessels

    Excelerate Energy has canceled its order for the $2 billion floating liquefaction storage and offloading unit at Samsung Heavy Industries.