Clean Fuel
Worthington Industries Finalizes ARITAS Acquisition
Worthington Industries said that its Pressure Cylinders segment has completed its acquisition of a 75 percent stake in Aritas Basincli Kaplar Sanayi A.S. (ARITAS), one of Europe’s leading LNG and cryogenic technology companies. The remaining 25 percent stake was retained by the prior owners. Purchas
TGE Marine to Design Cargo Handling Systems for Ethane Gas Carriers
TGE Marine Gas Engineering signed the contracts for one firm and three optional vessels for the design and supply of the cargo handling systems, high pressure fuel gas systems including LNG fuel tanks and tank material packages for the next generation of ethane/ethylene carriers of 35,000 m3 capacit
GDF SUEZ Releases World of Energy
The falling cost of photovoltaic power, the abundance of coal, confirmation of the decisive role played by shale gas and oil… all are highlighted in the 2013 edition of A World of Energy. Created by the GDF SUEZ Strategy Department, this publication brings together the key energy indicators for the
LNG Congress Russia to Gather Key Industry Players
By 2030 Russia is aiming to capitalize on 20% of the global LNG market. To do that, they need information, experience and technological know-hows. That is why companies like Gazprom, Novatek, Yamal LNG, Total, Rosneft, ExxonMobil, Sakhalin Energy, RasGas Company are currently forming delegations to
StormGeo Adds GTT’s LNG Membrane Tank Sloshing Prediction to ERL Software
StormGeo has partnered with French company GTT to add enhanced LNG membrane tank sloshing prediction and monitoring to their current Seaware EnRoute Live (ERL) on-board software product. LNG shippers who use this product will benefit from Seaware seakeeping operational decision support that incorpor
PIRA: South America Joins Asia in Spot Price Support
PIRA Energy Group reports that South America joins Asia in spot price support. U.S. production to bear burden of narrowing U.S. storage deficit. European storage outlook begins to morph. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: The gravitational ce
Air Products in Yamal LNG Deal
Air Products announced it has signed an agreement with a consortium including Technip and JGC Corporation to implement the Yamal LNG Project. The LNG plant under construction on the Yamal Peninsula will mark the first time Air Products deploys its proprietary LNG technology and equipment in Russia.
Keel Laying Ceremony Held for LNG Hybrid Barge
The keel laying of the world’s first LNG Hybrid Barge took place at a ceremony held at the ”SAM Shipbuilding & Machinery“ shipyard in Komárno, Slovakia in the second week of the new year. In the presence of representatives of the shipyard, AIDA Cruises, Becker Marine Systems and Hybrid Port Energy (
DNV GL Names New Chief Technology Officer
Lutz Wittenberg has been appointed the new Group Chief Technology Officer at DNV GL and he will be responsible for group-wide technology developments and report directly to Group CEO Henrik Madsen. In addition, he has become a member of the DNV GL executive committee. “I am very pleased that Lutz ha
Rosneft, Exxon Discuss Sakhalin LNG Project
Rosneft Presidnet Igor Sechin on Thursday held a working meeting with Rex Tillerson, Chairman and CEO of Exxon Mobil. “The parties discussed the implementation of ongoing projects, including the construction of an LNG plant on Sakhalin, design solutions for developing of the Northern tip of the Chai
Eidesvik, Lunding Norway Sign LNG PSV Charter Deal
Eidesvik Offshore and Lunding Norway AS have entered into a contract for the LNG driven PSV Viking Queen . The contract for the PSV Viking Queen is for 15 wells with options for 5 more wells. Duration for the firm period is minimum 900 days. The work will start medio-ultimo 2014. Viking Queen will b
GDF Suez Opens Gas and Power Trading Floor in Rome
GDF Suez of France announced the opening of a gas and power trading floor in Rome, via the creation of GDF SUEZ Trading Italia. The new set-up will contribute to further optimizing GDF Suez’s portfolio in Italy by placing traders closer to the assets so as to better extract their value. In Italy, GD
GTT Secures STX Contract for LNG Ferry
GTT membrane technology has been selected by STX France to fit out PEGASIS (Power Efficient GAS Innovative Ship), the new environmental ferry propelled with LNG, ordered by Brittany Ferries. This innovative vessel will use GTT Mark III insulation system and will be built in Saint-Nazaire, in France.
Kentz Announces Pre-Close Trading Update
Kentz Corporation announced a pre-close trading update ahead of its results for the year ended 31 December 2013, due to be published on 24 March 2014. Highlights: Diluted earnings per share for 2013 in line with our expectations, reflecting double digit growth on 2012 Completed acquisition of Valeru