Clean Fuel
Santos sells Southeast Asian assets to Ophir
Australian LNG player, Santos sold its Southeast Asian assets to the London-based Ophir Energy for a cash consideration of $221 million.
LR to class Swan LNG’s Jafrabad FSRU
Lloyd’s Register signed a contract to class the floating storage regasification unit (FSRU) ordered by Swan LNG, a unit of Swan Energy.
Photo: Belgium’s Zeebrugge in 1st Yamal LNG transshipment
The Fluxys-operated Zeebrugge liquefied natural gas terminal is conducting its first-ever transshipment of the chilled fuel sourced from Novatek’s Yamal LNG project in the Russian Arctic, according to the port of Zeebrugge. The first simultaneous transshipment of Yamal LNG via shore pipes at the Zee
Rising production, oil prices boost BP’s profit
UK-based energy giant and LNG player BP reported a sharp increase in profit during the first quarter as oil and gas production climbed.
Total, Siemens mulling LNG-to-power project in Cuba
A consortium comprising France’s Total and the German conglomerate Siemens are reportedly first in line to sign a deal for the construction of a 600-megawatt gas-fired power plant in Cuba.
Russia’s Gazprom completes TurkStream first line
Russian gas giant Gazprom said on Monday it had completed the sea portion of the first line of the TurkStream offshore gas pipeline stretching across the Black Sea. The average rate of the deep-water pipelay carried out by the pipelaying vessel Pioneering Spirit was 4.3 km/day, according to a Gazpro
Eni’s profit edges down as LNG sales soar
Italian energy giant Eni has reported a net profit of €946 million ($1.15 billion) in the first quarter, 2 percent below the €965 million recorded in the corresponding quarter in 2017.
Top news of the week April 23-28
Fluor-JGC joint venture wins LNG Canada EPC job Fluor Corporation and JGC joint venture has been selected as the engineering, procurement and construction contractor for LNG Canada’s proposed export facility in Kitimat, British Columbia. Photo: Ichthys LNG cooldown cargo arrives The Inpex-operated g
GasLog Partners post record profit in Q1
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, saw its first-quarter profit rise 7 percent compared to the first quarter in 2017.
Exmar moves CFLNG to Cosco shipyard in China
Belgium’s Exmar, the Nicolas Savery-led shipowner said Thursday it has relocated its Caribbean FLNG (CFLNG) to a temporary location at Cosco shipyard in China. The barge-based floating natural gas liquefaction and storage facility was previously located at the Wison Offshore & Marine’s yard in Nanto
Total’s profit lifted by record production, LNG sales drop
French energy giant and LNG player Total reported a rise in adjusted net income for the first quarter of 2018, as oil prices continued to rebound and production levels hit record highs.
Gas Natural Fenosa profit rise backed by LNG sales jump
Spanish LNG operator Gas Natural Fenosa reported a net profit of €320 million ($387.3 million) for the first quarter 2018, a 7.4 percent increase compared to the first quarter in 2017.
Statoil shuffles corporate structure
Norwegian energy giant and LNG operator Statoil has made is a number of changes in its corporate executive committee (CEC) to strengthen the leadership pipeline in the company.
Trafigura’s LNG chief to lead the company’s Asian oil unit
Trafigura, one of the world’s largest commodities trading firms, said it has appointed the company’s chief of liquefied natural gas (LNG) as its head of oil in Asia. “We can confirm that Hadi Hallouche, current head of Natural Gas, LNG, Naphtha & Condensates Trading has been appointed Head of Oil As