Clean Fuel
Greece receives six bids for DESFA sale
Six companies and consortium are among bidders to buy a 66 percent stake in Greek gas grid operator DESFA, according to the country’s privatisation agency, HRADF. The interested investors are Macquarie Infrastructure and Real Assets; a consortium of Italy’s Snam, Fluxys of Belgium, Dutch Gasunie and
Engie fires up second Cygnus platform
Engie E&P, a unit of the French energy giant and LNG player, has started first gas exports from the Cygnus Bravo wellhead platform in the UK’s southern North Sea. The unmanned satellite facility, second in the Cygnus development, exported first gas on August 1 to Cygnus Alpha, which itself has been
Norsafe nets Coral South FLNG lifeboats gig
Norway’s Norsafe has secured a contract with Eni of Italy to supply life-saving appliances for the Coral South floating LNG facility to be located in Area 4, some 50 kilometres of the coast of Mozambique.
Lithuania: Klaipeda LNG regas volumes drop significantly in Jan-Jul
Liquefied natural gas (LNG) volumes at Lithuania’s first import terminal in the port of Klaipeda have dropped more than a third in the January-July period, according to the latest data by the terminal operator, Klaipėdos Nafta. Klaipėdos Nafta said Monday its Klaipeda LNG import terminal has during
Gunvor to fund Equatorial Guinea government’s stake in Fortuna FLNG
Swiss trading company Gunvor has shown interest in financing the Fortuna FLNG project as it looks to secure supply from the Equatorial Guinea’s floating liquefied natural gas plant.
Statoil makes small gas find in Barents Sea
Norwegian energy company and LNG operator Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well, drilled in license PL 855, also proved oil. This is the first well drilled in the acreage awarded i
Top news of the week July 31 – August 5
Shell to axe 400 jobs The Hague-based LNG giant Shell could cut approximately 400 jobs as it continues its restructuring to cope with lower oil and gas prices. Coral South FLNG contract goes to Air Products US-based LNG equipment maker Air Products has secured a contract for Eni’s multi-billion Cora
Martek Marine tech ordered for LNG-fueled Aframax quartet
Martek Marine has been contracted to provide emissions monitoring systems for the world’s first LNG-fueled Aframax tankers being built by Hyundai Heavy Industries for Russia’s Sovcomflot.
How many LNG cargoes is Neymar’s record-breaking transfer to PSG worth?
What does the liquefied natural gas (LNG) industry have to do with Neymar’s record-breaking 222 million euro ($263 million) transfer from Barcelona to Paris Saint-Germain?
LNG bunkering coalition calls for more commitment
SEALNG, the industry coalition promoting the use of LNG as a marine fuel, urged the industry to up its commitment to compliance with, and enforcement of, IMO regulations.
GasLog’s loss tightens slightly in Q2, Alexandroupolis FSRU project progressing
Monaco-based LNG shipper GasLog on Thursday reported a net loss of $7.5 million for the second quarter of 2017, narrowing from a $7.9 million net loss in the corresponding quarter of 2016.
South Hook books Qatari LNG
South Hook liquefied natural gas terminal in the United Kingdom is scheduled to receive more LNG from Qatar this weekend.
WoodMac: Bangladesh’s LNG demand to hit 8 mtpa after 2020
Petrobangla’s deal signed last month with Qatar’s RasGas has marked Bangladesh’s official entrance into the LNG buyers club.
Siemens extends Joe Kaeser’s term as CEO
Siemens has extended Joe Kaeser’s appointment as the company’s president and CEO ahead of schedule.