Royal Dutch Shell recently posted a video about liquefied natural gas (LNG) and its use. As global demand for natural gas grows, companies are using advanced technology to transport it from source to customers. Gas can be piped over relatively short distances. But cooling the gas to -162°C (-260°F)
With oil prices and production still going up, North Africa and the Greater Middle East remain the key anchor area in the world’s oil and energy markets and will continue to shape the dynamics of the global upstream industry. Which new discoveries and production developments, gas – LNG finds, state
Hertel Holding BV, the shareholders and management of Temati have reached an agreement on the sale of the shares of Temati to the management of the company. As of 24th January 2013, through a management buy-out, 100% of the shareholding has been transferred to the management of Temati, consisting of
BBC, Financial Times, The Globe and Mail, The New York Times, Reuters, The Wall Street Journal and a number of other global media representatives draw public attention to the signing of the production sharing agreement between Ukrainian government and the Royal Dutch Shell. According to the agreemen
GE Oil & Gas announced new global projects and product launches as part of its ongoing commitment to key growth regions, technology development and helping customers optimize their efficiency. The investments and projects span a range of sectors including subsea, gas compression and enhanced oil rec
Mann Tek, a Swedish company and coupling manufacturer, posted an interesting video showing a bunkering operation between a bunker vessel and a passenger ferry. https://www.youtube.com/watch?v=23qI78ZF3Q8 The Dry Cryogenic Coupling (LNG coupling) consists of a “tank” unit which is a type of a non-ret
The Methania liquefied natural gas carrier, with a capacity of 145,702 cubic meters, is due to arrive in the Zeebrugge LNG terminal on February 5, according to port data. The liquefied natural gas carrier will probably load in a re-export cargo and depart from the Zeebrugge terminal on February 7. T
Senior ministers from the Governments of Greece, Italy and Switzerland confirmed their countries’ strategic interest in the Trans Adriatic Pipeline (TAP). At a high level meeting with representatives of the pipeline in Davos, Italian Minister for Economic Development Corrado Passera, Greek Deputy Mi
Port Authority and Van Oord Dredging and Marine Contractors signed the contract on the purchase of the object “The capital dredging works of the object „Improvement of Smelte vessel turning circle to accommodate gross – tonnage ships (containerships and etc)“. The contractual price of these capital
Pöyry Management Consulting Oy was chosen by Port of Tallinn as the successful bidder of the simplified procurement for feasibility study and cost-benefit analysis of liquefied natural gas (LNG) bunkering infrastructure construction in the harbours of Port of Tallinn. The total of six companies part
CME Clearing Europe, CME Group’s European clearing house, has announced that it has added two new over-the-counter (OTC) European natural gas forward contracts for clearing: the United Kingdom (UK) National Balancing Point (NBP) Natural Gas Physically Delivered Forward contract and the Netherlands (
The EU Commission launched the so-called ‘Clean Fuel for Transport Package’. This consist of a Communication on a European alternative fuels strategy and a proposed Directive on the deployment of alternative fuels infrastructure. An accompanying document describes the action plan for the development
Israel’s first floating liquefied natural gas terminal has received a shipment of LNG from BP, thus starting its commercial operations, local media reported. Energy officials at the launching ceremony held on January 24 hailed the floating LNG import terminal as capable of relieving Israel’s gas sho
Rolls-Royce, the global power systems company, has this week successfully completed the installation of the first MT30 gas turbine into the Royal Navy’s new aircraft carrier HMS Queen Elizabeth, at Babcock’s Rosyth shipyard in Scotland. The MT30, at 36 megawatts (around 50,000 horsepower), is the wo
