Oman Drydock Company (ODC) says it has made a ‘giant leap’ forward in its campaign to become one of the leading shipyards in the world for LNG repairs after it was formally awarded the coveted Gaztransport & Technigaz (GTT) license at the Posidonia Shipping Trade Fair in Athens, Greece. ODC chairman
BAM International, the operating company of Royal BAM Group active outside of Europe, and its local partner MAG have successfully completed the construction of the new port in Aqaba, Jordan, for Aqaba Development Corporation (ADC), a second port in line with the country’s economic master plan. Toget
Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series. Today’s annual investment in energy s
Oman LNG said that the company’s revenues were at $4.49 billion in 2013, $149 million higher when compared to 2012. The company operates 3 liquefaction trains with a capacity of 10.4 mtpa at its site in Qalhat near Sur. Two of the trains are owned by Oman LNG and one by Qalhat LNG. Oman LNG’s net [&
Qatari LNG shipping giant Nakilat has taken over the full ship management and operations of its first LNG vessel, the Q-Flex Al Hamla, from OSG Ship Management. The planned takeover is the first in a series that will include three other vessels within the next two months, Nakilat said in a statement
Qatargas Chief Executive Officer, Khalid Bin Khalifa Al-Thani, presented certificates and mementos as a token of appreciation to employees who have completed twenty, fifteen, ten or five years of service. Nearly 500 employees were recognized for their continuous years of service with the company at
Qatargas said it has signed an agreement with Kuwait Petroleum Corporation (KPC) to supply KPC with liquefied natural gas in 2014. Under the agreement, eight LNG cargoes will be delivered to Kuwait by the end of the year. The LNG is sourced from Qatargas 2 – Train 4, a joint venture between Qatar Pe
Qatargas Chief Executive Officer, Khalid Bin Khalifa Al Thani presented Qatargas’ views on the global LNG market fundamentals at the Monthly Gas Lecture organized last week by the Gas Exporting Countries Forum at the GECF Secretariat headquarters in Doha. The Qatargas CEO began his speech explaining
Trinidad shipped an LNG cargo from the Point Fortin terminal to Kuwait on Saturday, according to shipping data. The cargo is being carried by the 138,000 cbm Sestao Knutsen, and it is due to arrive at the Mina Al-Ahmadi LNG terminal on June 27. Excelerate Energy designed and constructed the Mina Al-
United Arab Shipping Company conluded a bilateral facility worth USD 190 million with Burgan Bank’s Corporate Banking Group to finance the acquisition of two 14,000 TEU vessels from among UASC’s new building order of seventeen vessels comprised of eleven 14,000 TEU vessels and six 18,000 TEU vessels
The 2013 IGU Wholesale Gas Price survey is the sixth to be undertaken in a series which began at the start of the 2006 to 2009 triennium culminating in the World Gas Conference in Buenos Aires. Prior to the 2013 survey, previous surveys were undertaken for the years 2005, 2007, 2009, 2010 and 2012.
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG onboard the 145,800 cbm Al Jassasiya from Qatar on June 3. Fluxys, the operator of the LNG import terminal, said that in the first three months of 2014, nine carriers were unloaded and five were loaded at the Ze
RasGas Company Limited’s Subsurface and Technology Group recently celebrated 20 million man-hours without a lost time incident (LTI). The safety milestone was achieved over a period of nearly seven years and is a testament to the Company’s on-going commitment to safety across all business activities
LNG Canada: CFSW Constructors Gets Kitimat Terminal Deal LNG Canada has selected CFSW LNG Constructors as its main contractor for the proposed LNG export terminal in Kitimat, British Columbia. CNPC, Yamal LNG Enter Supply Contract Yamal LNG said it has concluded a binding contract for the supply of
