Golar LNG Partners said it has completed the issuance of a NOK 1,300 million bond issue in the Norwegian bond market with maturity expected to be on 12 October 2017. The aggregate principal amount of the bonds is equivalent to approximately USD 227 million and will be swapped to USD, with a fixed in
Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options. Aker Solutions will deliver well intervention ser
Höegh LNG said it has exercised an option to purchase 50% of the LNG carrier STX Frontier. The vessel is a 153,600 cubic meter LNG carrier with tri fuel, diesel electric propulsion. Höegh LNG said in a statement that the company is very pleased with the vessel’s performance after having operated it
Höegh LNG has exercised an option for a fourth new floating storage and regasification unit (FSRU) to be built at Hyundai Heavy Industries in South Korea. The vessel will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier. The FSRU will be delivered in the first
European logistics service provider Vos Logistics has further greened its transport fleet by taking five new trucks into service that drive on liquefied natural gas (LNG). In the fourth quarter of the year the company will add another six LNG trucks to its fleet, bringing the total number of Mercede
Taylor-DeJongh announce that Ibrahim Mardam-Bey has joined the firm as Group President. He will be dividing his time among the firm’s Washington DC, London and MENA offices. Ibrahim Mardam-Bey is an entrepreneur, financier and business developer with extensive international experience. He possesses
BG Group said it has signed an agreement with the Japan Bank for International Cooperation (JBIC) aimed at supporting the long-term supply of liquefied natural gas (LNG) to Japan and creating opportunities for Japanese companies to participate in energy projects around the world. Under the cooperati
The Gazprom headquarters hosted a working meeting of Alexey Miller, Chairman of the Company’s Management Committee, Zhang Ping, Chairman of the Chinese National Development and Reform Commission and Zhou Jiping, Vice President of China National Petroleum Corporation. The negotiating parties addresse
Port of Sines in Portugal is scheduled to receive a shipment of LNG from Nigeria on September 29, according to the Port of Sines website. The 160,276 cbm Malanje LNG tanker is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and has a nominal send out capacity of 600,000 c
The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding. Concluded on the margins of the United Nations General Assembly meeting in New York, and in the presence of representatives
TOYO will be participating in the Gastech Conference and Exhibition to be held at London ExCel on 8-11 October, 2012. At GASTECH, responding to customers’ requirements, TOYO is going to be exhibiting technologies and services which cover the gas value chains from upstream oil and gas development to
Greenpeace Energy and Gasunie will set up their ‘Windgas’ production location in the municipality of Suderburg, approximately eighty kilometres south of Hamburg. “Due to its position and infrastructure, this location provides ideal conditions for the production of windgas”, says Dr. Steffen Welzmill
Golar LNG Partners is contemplating issuing new senior unsecured bonds in the Norwegian bond market with maturity in October 2017. The net proceeds from the Bond Issue shall be used firstly for repayment of the existing approximately USD 223 million shareholder loan from Golar LNG Limited and second
Island Offshore Management took delivery of the 21’st vessel in its fleet. Island Contender is of design UT 776 CDG and equipped for operating on LNG alone. Island Contender is the sistership to Island Crusader delivered in May. Fuel consumption measurements show that it was correct to go for this c
