Clean Fuel
DSME orders Bestobell valves for three Arctic LNG newbuilds
Parker Bestobell Marine received a new order from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea to supply cryogenic valves for three new vessels.
Top news of the week August 8-14, 2016
Report: ExxonMobil buys stake in Eni’s Mozambique LNG development Italian oil and gas company Eni has reportedly sold a multi-billion dollar stake in its planned Mozambique LNG development to U.S.-based energy giant ExxonMobil. Sempra: FID on Cameron LNG expansion project could be postponed San Dieg
Portugal to get Nigeria LNG cargo
REN’s Sines LNG terminal located on Portugal’s Atlantic coast is scheduled to receive a cargo of the chilled fuel from Nigeria’s Bonny export plant. The 148,565-cbm LNG Kano, owned by BW, is due to dock at the Sines import terminal on Friday, according to the shipping data by the port of Sines. Port
Elengy says its two LNG terminals back online after fire at Fos-sur-Mer
France’s Elengy, a unit of Engie, said Thursday its two LNG terminals in Fos-sur-Mer have restarted operations after a large fire ravaged land around the industrial zone located about 40km north-west of Marseille. Multiple wild fires whipped by high winds broke out near Marseille in southern France
France: Dunkirk LNG resumes send-out tests
France’s Dunkirk LNG import terminal has restarted send-out tests following an incident late July that led to the plant being put into safe mode. Europe’s newest LNG terminal in the English Channel near Belgium, that is currently in commissioning phase, was put into safe mode on July 25, just weeks
SBM names ex-Shell executive as CFO
Dutch-based SBM Offshore informed on Wednesday that it has nominated Douglas Wood as new chief financial officer. Earlier this year, SBM Offshore announced the intention of the current CFO, P.M. van Rossum, to retire after the annual general meeting in 2017. “The Supervisory Board assigned the Appoi
Kogas posts higher sales in July
South Korea’s Kogas, the world’s second-largest buyer of LNG, reported a rise of 15.2 percent in its sales volume in July. Kogas sold 2.19 million tonnes of LNG in July this year, compared with 1.90 million tonnes a year ago, the company said in a filing to the stock exchange. Gas sales into the pow
DW: global FLNG capex to hit $41.6 billion
Despite challenging market conditions, global capital expenditure on FLNG facilities is forecast to total $41.6 billion over the 2016-2022 period, according to a report by Douglas-Westwood (DW). The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units ov
Amec Foster Wheeler swings to loss
London-based LNG engineer Amec Foster Wheeler swung to an interim net loss, due to the oil and gas price downturn. Amec Foster Wheeler reported a pretax loss of 446 million pounds ($581.4m) in the six months ended June 30, compared with a pretax profit of 73 million pounds in the same period a year
Gazprom posts lower profit in Q1
Russian gas giant Gazprom posted on Wednesday a drop of 5.1% in its first-quarter net profit as operating expenses rose. Gazprom’s net profit of 362.3 billion roubles ($5.6 billion) in the first quarter dropped from 382.1 billion roubles in the corresponding period a year before. The Russian company
Dual-fuel ethane carrier “Navigator Aurora” delivered
Shipping company Navigator Gas said it has recently taken the delivery of its dual-fuel ethane carrier Navigator Aurora. The Navigator Aurora was delivered to the owner at Jiangnan Shipyard in Shanghai, China on August 2. According to Navigator Gas, the ethane carrier is capable to sail both on dies
Picture of the day: LNG bunkering at Port of Rotterdam
Terntank’s LNG-powered 15,000 DWT chemical tanker Ternsund is currently bunkering liquefied natural gas in the Port of Rotterdam. It is the first sea-going vessel to bunker LNG in the Dutch port, one of the world’s busiest ports. As previously reported by LNG World News, the Ternsund is also the fir
Norway’s Statoil to drill new Snøhvit wells
Norwegian energy giant Statoil said it will be drilling a new production well on the Snøhvit (Snow White) gas field offshore Hammerfest in order to maintain the high production and capacity utilisation at the LNG plant on Melkøya island. The Songa Enabler drilling rig has already started drilling a
Norwegian safety watchdog probes major accident readiness at Hammerfest LNG
Norway’s Petroleum Safety Authority (PSA) has carried out a “major accident” audit of Statoil’s Hammerfest liquefaction and export facility on Melkøya island. From 21 to 23 June, the PSA assessed “how Statoil is satisfying the regulatory requirements and its own procedures in respect of reducing the