Clean Fuel
GTT books LNG tanks design order for newbuild FSRU
French LNG containment specialist, GTT, said it has bagged a new order for the design of liquefied natural gas tanks for a newbuild floating storage and regasification unit (FSRU).
Clough, Wärtsilä to build PNG gas-fired power plant
Perth-based Clough said it has won a contract with Wärtsilä do develop a gas-fired power plant near Port Moresby in Papua New Guinea.
Wison, GTT ink LNG cooperation agreement
Wison Offshore & Marine has signed a strategic cooperation agreement with the French liquefied natural gas (LNG) containment specialist GTT, to cooperate on LNG projects.
GasLog Partners see rise in profit
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog reported a profit of $25.4 million for the third quarter of 2017.
Drewry: spot LNG fleet bracing for 2017 operating loss
The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth, before strengthening in 2019 with slowing fleet growth and strong trade.
TechnipFMC profit declines
LNG engineer TechnipFMC saw its net profit sliced by 63 percent reporting a net income of $121 million for the third quarter compared to $327 million in the third quarter of 2016.
Statoil loss widens
Norwegian energy giant and LNG operator Statoil on Thursday reported a wider third-quarter loss despite higher oil and gas prices, after booking a number of impairment charges. The company reported a loss for the third quarter of $478 million, compared with a year-earlier loss of $427 million. Accor
Novatek’s Q3 profit climbs
Russian LNG export project developer, Novatek reported a 3.4 percent increase in its profit in the third-quarter of this year as compared to the same period the year before. Profit attributable to Novatek shareholders increased to 37.7 billion roubles ($654.8 million), the company said on Wednesday.
Gunvor, Gas Natural Fenosa place lowest bids in Pakistan LNG tender
Swiss trading company Gunvor and Spanish LNG operator Gas Natural Fenosa submitted the lowest bids in a tender to supply Pakistan with four liquefied natural gas cargoes in January. State-run Pakistan LNG launched the tender in September with four delivery windows across January. The cargoes will be
Engie confirms review of upstream, midstream LNG business
French energy giant and LNG player Engie, confirmed it has started negotiation with interested counterparties to sell its upstream and midstream LNG activities.
Russia’s Novatek looking to build Kamchatka LNG reload facility
Russia’s largest independent natural gas producer, Novatek is planning to build a liquefied natural gas (LNG) reloading terminal on Kamchatka Peninsula in the Russian Far East. The company signed a cooperation agreement with the regional government of Kamchatka on building the facility. Novatek said
France’s GTT wins Prelude FLNG contract
GTT, the French maker of LNG containment systems, has secured a services contract for membrane cargo containment tanks on board Shell’s giant Prelude FLNG located offshore Western Australia. This contract will provide support for the engineering, inspection, maintenance as well as testing of the con
OLT Offshore LNG Toscana appoints new managing director
OLT Offshore LNG Toscana said that Richard Fleischmann is the new managing director of the company, representing Uniper shareholders.
France’s Dunkirk LNG gets Norwegian cargo
Liquefied natural gas supplies to France’s Dunkirk LNG import terminal are continuing to rise as the third ship docked on Monday at the facility in just over a month. The facility previously received a cargo from Qatar on October 2 and a shipment from Norway on September 19. Prior to that, the impor