Israel’s Delek Group said its net income amounted to NIS 740 million in 2013, an increase of 59% compared with net income of NIS 464 million in 2012. The company’s revenues in 2013 totaled NIS 38.5 billion, a slight increase compared with NIS 37.9 billion in 2012. Delek said its operating profit in
Shell Awards Onshore LNG Portfolio Contract to KBR KBR has been awarded an onshore liquefied natural gas portfolio contract by Shell Global Solutions International. Canada Approves Four LNG Export Licences Greg Rickford, Canada’s Minister of Natural Resources, announced the Government of Canada’s ap
Golar LNG Partners said that it has completed its acquisition of the company that owns and operates the FSRU Golar Igloo from Golar LNG Limited for a purchase price of approximately $310 million. The company financed the purchase price by the assumption of outstanding debt obligations in respect of
Qatargas, the world’s largest LNG producer, provided an exclusive tour of its Laffan Refinery 1 (LR1) to media representatives on Tuesday, 25 March. The tour enabled an in-depth look at the facilities, which will bolster its designation as the largest condensate refinery in the world when constructi
Qatargas delivered the first LNG cargo to Singapore onboard the 266,000 cbm Umm Slal in March last year. The Singapore LNG terminal, owned and operated by Singapore LNG Corporation, began operations in May 2013 with two storage tanks and an initial throughput capacity of 3.5 million tonnes per annum
Gazprom’s CEO Alexey Miller and Abdulaziz Al-Adwani, Ambassador Extraordinary and Plenipotentiary of the State of Kuwait to the Russian Federation, met on Tuesday in Moscow where they addressed the cooperation broadening as part of Gazprom’s LNG supplies to Kuwait, Gazprom said in a statement. In 20
LNG shipping company Nakilat and its shipyard joint ventures, shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) and ship repairer Nakilat-Keppel Offshore & Marine (N-KOM), are showcasing the world-class capabilities of Qatar’s premier shipyard at DIMDEX, the MENA region’s leading maritime defense exh
Qatar, the world’s largest LNG producer, shipped an LNG cargo from the Ras Laffan Port to Taiwan on Wednesday, shipping data reveals. The cargo is being carried by the 145,800 cbm Simaisma, and it is due to arrive at the Taichung LNG terminal on April 1. Kawasaki Heavy Industries has signed a contra
The Egyptian LNG facilities, located at Idku, comprise two LNG production trains and include the common facilities such as storage tanks, loading jetty and utilities. Egyptian LNG Company owns both the Egyptian LNG site and common facilities. Its sister company, The Egyptian Operating Company for Na
The UK will get a liquefied natural gas cargo from Qatar next week, shipping data says. The Duhail LNG carrier, with a capacity of 210,100 cbm, is due to arrive in the UK’s Milford Haven port, where the South Hook and the Dragon LNG import terminals are located, on March 28. The country will also [&
Kentz Overseas company W.L.L, has opened a new office in Dubai. The office is located in the Gold Tower of the Jumeirah Lakes Towers complex and will have the capacity for 100 engineers. The Middle East has been identified as a key area of strategic focus for Kentz through 2014 and beyond, with part
Iran and Oman signed a Memorandum of Understanding on gas exports to Oman. Iranian minister of petroleum, Bijan Namdar Zanganeh and his Omani counterpart signed the MoU during Iranian president Hassan Rouhani’s visit to Muscat, Iran’s SHANA news agency reported. Speaking to the reporters, Iranian mi
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on March 22, port data reveals. The Al Kharsaah LNG tanker, with a capacity of 214,198 cubic metres, is transporting the cargo from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a
Oman LNG said it has achieved 10 Million Man-Hours without a single Lost Time Injury (LTI). Its attainment of 10 Million Man-Hours without LTI notably comes after a year in which it carried out an elaborate shutdown activity on its Train 2—one of three production units—gathering an unusually high nu
