Clean Fuel
Yamal LNG starts loading contracted volumes
Russia’s largest independent natural gas producer, Novatek has started shipping contracted liquefied natural gas supplies from its Yamal LNG project with the start of this month.
Wilhelmsen takes over LNG Innovator tech management
Wilhelmsen Ship Management said on Friday that its Malaysian unit has taken over the technical management of the 138,000-cbm LNG Innovator. WSM Malaysia has taken over the 2003-built LNG carrier under full technical management on April 6, Wilhelmsen said via its social media channels without providi
Hotchkis & Wiley to vote against McDermott, CB&I merger
Hotchkis & Wiley, an asset-management firm with clients holding an interest in McDermott International, has voiced its opposition of the CB&I transaction as it is currently structured.
GE tests 80 MW induction motor for LNG industry
Digital industrial giant, General Electric, completed the no-load testing of the 80-megawatt two-pole induction motor for the LNG industry in its factory in Nancy, France.
Fairview Capital cuts Hoegh LNG stake
Darlington Partners, a fund managed by the US-based Fairview Capital Investment Management, has reduced its stake in Norwegian floating liquefied natural gas (LNG) giant Höegh LNG. The fund sold 2 million shares in Höegh LNG on April 5, according to a Höegh LNG statement. After the transaction, Darl
Shell exits Palestine gas field
The Hague-based LNG giant Shell has sold its entire 90% stake in the Gaza Marine natural gas field offshore Palestine. The company said it had reached an agreement with the Palestine Investment Fund (PIF) to divest its entire interest and operatorship in the Gaza Marine license. According to Shell,
Klaipedos Nafta in FSRU infrastructure deal with Freeport LNG
Lithuania’s Klaipedos Nafta, signed a memorandum of understanding with Freeport LNG to cooperate on onshore developing onshore infrastructure for FSRU terminals.
WoodMac sees LNG FIDs bumping average project Capex
Upstream final investment decisions (FID) have bounced back in 2017 with the trend expected to continue during 2018.
Gazprom’s LNG deliveries to India’s GAIL starting in May
India’s gas company GAIL is set to start receiving Russian liquefied natural gas (LNG) in May, according to the country’s minister of petroleum and natural gas.
WFW advises BTMU on K Line LNG carriers refinancing
The London-based law firm, Watson Farley & Williams (WFW) advised the Bank of Tokyo-Mitsubishi UFJ on a $180 million refinancing of two K-Line LNG carriers.
Höegh LNG takes delivery of Höegh Esperanza FSRU
Norway-based FSRU provider Höegh LNG has taken delivery of Höegh Esperanza, its eight floating storage and regasification unit.
Lithuania’s LDT signs MoU with Freeport LNG
Lietuvos Dujų Tiekimas, a part of Lithuanian Lietuvos Energija group, signed a memorandum of understanding with Freeport LNG securing supplies from the facility under construction on Quintana Island, Texas.
Flex LNG to take delivery of its third MEGI vessel
Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen, expects to take delivery of its third liquefied natural gas (LNG) carrier early May. The 174,000-cbm LNG carrier Flex Ranger is currently on gas trials at the South Korean shipbuilder Samsung Heavy Industries. The
Cuadrilla wraps up UK’s first shale gas well drilling
Lancashire-headquartered Cuadrilla has completed drilling the UK’s first ever horizontal shale gas well at its exploration site at Preston New Road.