Clean Fuel
BP hits gas off Trinidad and Tobago
UK-based energy giant and LNG player BP said its Trinidad and Tobago unit has made two gas discoveries with the Savannah and Macadamia exploration wells unlocking approximately 2 trillion cubic feet (tcf) of gas.
Samsung Heavy and DNV GL to develop new LNG carrier design
Classification society DNV GL and South Korean shipbuilder Samsung Heavy Industries signed a joint development project agreement focused on the development of new liquefied natural gas (LNG) carrier designs. The project aims to develop two 30K LNG carrier designs, one with membrane type LNG tanks an
Novatek, Fluxys in small-scale LNG development pact
Russia’s Novatek signed a memorandum of understanding with Fluxys to develop small-scale LNG projects in Europe.
Saipem nets Coral offshore drilling contract
Italian duo, Eni and Saipem have signed a 15-month contract for offshore drilling activity in Mozambique, utilizing the drillship Saipem 12000.
Eni nods Coral South FLNG development
Italian energy giant and LNG player Eni has sanctioned the development of the Coral South FLNG project offshore Mozambique.
HHI, Lloyd’s Register to develop LNG-fueled bulker
South Korean Shipbuilder Hyundai Heavy Industries (HHI) joined forces with Lloyd’s Register to design 180,000 dwt class LNG-fueled bulk carriers.
Japanese companies eyeing Baltic LNG participation
Two Japanese companies, Mitsui and Itochu Corporation have shown interest in the Baltic LNG project Gazprom intends to develop near the seaport of Ust-Luga.
JIP partners ready LNG-fueled Newcastlemax design
The joint industry project looking into the commercial potential and technical feasibility of LNG-fuelled bulkers in iron ore and coal trade between Australia and China presented the Newcastlemax design.
Novatek to set up centre for offshore structures in Russia
Russia’s Novatek, the developer of the giant Yamal LNG project, said Thursday it has signed a deal to set up a center for the construction of large-scale offshore structures in Belokamenka, Murmansk region. Russia’s largest non-state natural gas producer signed a memorandum of understanding with the
GasLog Partners to buy GasLog Geneva LNG carrier
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog has agreed to buy GasLog Geneva LNG carrier from its parent company for $211 million.
LNG container vessel PERFECt ‘order ready’
Partners in the PERFECt joint industry project ABB, OMT, GTT, Caterpillar’s Solar Turbines, CMA CGM, its subsidiary CMA Ships, and DNV GL have proven the technical and economic feasibility during the second phase of development.
Rolls-Royce to power Norwegian LNG ferries
Rolls-Royce has signed a deal to supply 15 gas engines to Norwegian ferry company, Torghatten Nord, for five Multi Marine designed LNG ferries to operate between Bergen and Stord.
Gazprom’s net profit climbs declines in Q1
Russian energy giant Gazprom reported an 8 percent lower net profit in the first quarter of this year. Moscow-based Gazprom posted a profit of 333.45 billion roubles ($5.89 billion) in the first quarter as compared to 362.31 billion roubles in the same quarter the year before. Gazprom’s revenue rose
Peru ships 400th LNG cargo
Peru’s only liquefaction facility at Pampa Melchorita shipped another cargo of liquefied natural gas to Spain, reaching a mark of 400 LNG cargoes in total since the start of operations.