Clean Fuel
DeMaCo: First Batch of LNG-Transferlines on Way to Lysekil (Sweden)
DeMaCo, the Dutch specialist in cryogenic infrastructure, said that on Tuesday the first batch of the 24 meter LNG-transferlines left DeMaCo for CryoAB in Lysekil, Sweden. “This forms an important milestone for both the customer and DeMaCo,” the company reported. DeMaCO has last month secured an ord
Norwegian LNG Cargo Bound for UK
The latest LNG cargo to be loaded at Norway’s Hammerfest terminal has been dispatched to UK, according to shipping data. The 140,000 m3 Arctic Princess departed from Hammerfest yesterday and it is expected to arrive at the Dragon terminal on August 25. Hammerfest LNG on Melkøya, the world’s most nor
Norway: I.M. Skaugen Releases 1H Results
The I.M. Skaugen Group (IMSK) achieved a pre-tax result for 1H13 of USD20.7 mill, compared to a negative USD5.1 mill in 1H12. The EBITDA for the Norgas segment for 1H13 was USD7.2 mill, compared to USD14.6 in 1H12. 2Q13 result was negative USD4.5 mill, compared to USD25.1 mill in 1Q13. The EBITDA fo
Gazprom: NGV Market Development Largely Depends on Regional Authorities, Russia
Viktor Zubkov, Chairman of the Gazprom Board of Directors, Chairman of the Management Committee – Director General of Gazprom Gazomotornoye Toplivo held a meeting at the Gazprom headquarters regarding the cooperation of Gazprom and Russian constituent entities in the expansion of regional NGV market
GasLog Orders LNG Carriers from SHI, Monaco
GasLog announced that it has ordered two new 174,000 cbm Tri-Fuel Diesel Electric LNG carriers from Samsung Heavy Industries in South Korea. The vessels are expected to be delivered in Q3 and Q4 2016, respectively, and upon delivery will commence firm seven-year charters with a subsidiary of BG Grou
UK: Ophir Appoints New Board Member
Ophir Energy said that Vivien Gibney has been appointed as a non-executive director of the company. Vivien has 25 years’ experience as counsel in the upstream oil and gas industry, including roles with Mobil Oil and Enterprise Oil plc. Whilst at Enterprise Oil, Vivien set up the legal department and
UK: Ophir Reports Successful H1 Results
Ophir Energy said that in the first half of the year the Group added over 3 TCF of gross recoverable resource to its core position in Tanzania over Blocks 1, 3 and 4 whilst derisking the commerciality of those assets with strong flow tests on the Jodari and Mzia discoveries. The ability to execute a
Bilfinger Finalizes Sakhalin LNG Consulting Project, Russia
Bilfinger Industrial Services has recently completed a consulting project for Sakhalin Energy on the island of Sakhalin in Russia. The contract entailed an analysis of the efficiency and efficacy of the processes implemented in a liquefied natural gas terminal including downstream production facilit
LNG Ship to Ship Transfer Completed in Scapa Flow, UK
A ship to ship transfer of liquefied natural gas has been completed in Orkney. Around 70,000 cubic metres of LNG was transferred from the tanker Ben Badis to a second vessel, the Excel, while at anchor alongside each other in Scapa Flow. The operation, which took 39 hours to complete, was conducted
Norway: Statoil Technology Boosts Oil and Gas Markets
Hydraulic fracturing has revolutionised the extractive industry in recent years. The technological marvel has revitalised the US’s lacklustre energy prospects and come to offer a greater promise of economic prosperity to regions across the globe. It is for these reasons and many more like it that co
DNV Helping Industry to Introduce LNG as Ship Fuel in Germany
“Making technology-based decisions is complex for each individual company, as is finding the right way into the future. We fully support the overall political will and dedication to reduce harmful emissions from ship operations,” said Jörg Langkabel, DNV Country Manager, on the occasion of the visit
PGNiG Net Profit Surges (Poland)
In the first half-year of 2013, the PGNiG Group posted approximately PLN 1.43bn in net profit, versus PLN 45m in the same period last year. The over thirty-fold rise in net profit was driven by a substantial increase in the volumes of crude oil produced and sold after the production facility in Lubi
PIRA Energy: Qatar Takes on Expiring LNG Contracts
PIRA Energy Group reports that Qatar takes on expiring LNG contracts. In the U.S., the “perfect storm” and its likely lingering impact have justified downward revisions to PIRA’s Reference Case Henry Hub gas prices. In Europe, French storage builds but remains. Specifically, PIRA’s analysis of natur
Norway: Hoegh LNG Makes Organizational Changes
To prepare the Group for delivering and starting up four major FSRU projects over the next 18 months, Höegh LNG will with effect from 1 September 2013 have a new organisation in place, consisting of four main areas; technical, commercial, financial and administrative. The new group management team w