Clean Fuel
Chinese, Korean shipbuilders choose Kongsberg technology
Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of 330 MNOK. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC), Cosco Shipyard (COSCO) and Hudong Zhonghua Shipyard (HDZ)
Novatek not affected by sanctions
After being listed on OFAC’s Sectoral Sanctions Identification List, Russia’s natural gas producer, Novatek, issued a statement saying the sanctions do not threaten the company’s projects. Novatek’s financial position is stable and the cash flows are sufficient to fulfill key strategic plans, contin
Wartsila and CSSC establish new JV
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines. The CSSC Wärtsilä Engine (Shanghai) Co. Ltd factory will be located at Lingang, Shanghai and is expected t
Cheniere pens another Corpus Christi deal
Cheniere’s unit Corpus Christi Liquefaction has entered into a liquefied natural gas sale and purchase agreement with Électricité de France (EDF). Under the agreement EDF has will purchase approximately 0.38 million tonnes per annum of LNG upon the commencement of operations of Train 2 of the LNG ex
Navingo announces Offshore Energy 2015
Rotterdam-based Navingo announced that next year’s Offshore Energy Exhibition & Conference will be held on 13 & 14 October 2015. “Save the date and join tens of thousands international professionals again at the meeting place for the offshore industry in Amsterdam,” Navingo, the organizer of the eve
Golar LNG Partners declares quarterly cash distribution
Golar LNG Partners has declared a quarterly cash distribution with respect to the quarter ended June 30, 2014 of $0.5475 per unit. This represents a 4.8% increase from the previous quarter’s distribution, and is fully supported by earnings of the FSRU Golar Igloo, following its purchase from Golar L
Aker Solutions revenue rises 17 pct before split
Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new A
Iran, Russia to boost gas cooperation
Iran and Russia plan to enhance cooperation in the gas industry, managing director of the National Iranian Gas Company (NIGC), Hamidreza Araqi said. “Establishment of a joint working group comprising National Iranian Gas Company (NIGC) and Russia’s Gazprom has been put on the agenda with the aim of
Gazprom LNG Saint Petersburg names new director general
Sergey Gustov was appointed director general of Gazprom LNG Saint Petersburg, a unit of Russian gas giant Gazprom. Gazprom LNG Saint Petersburg is a special-purpose company set up to implement the project for constructing a natural gas liquefaction plant in the Leningrad Region. The plant’s output w
Yokogawa developing Yamal LNG systems
Yokogawa is currently developing control and safety systems for the Novatek-operated Yamal LNG project in Russia, Yokogawa Europe’s business development manager for upstream oil and gas Martin te Lintelo told LNG World News in an interview. In January this year Yokogawa secured a contract by Yamgaz,
South Hook bound LNG cargo arrives next week
The South Hook terminal, a facility that can process 15.6 million tonnes of LNG a year, is awaiting a new LNG shipment from Qatar. New cargo, onboard the Al Gattara LNG carrier, with a capacity of 216,000 cubic metres, is scheduled to arrive on 23 July, according to port data. It will be the third L
LR to class BC Ferries LNG-fueled newbuildings
BC Ferries has awarded Remontowa Shipbuilding S.A. of Gdansk, Poland contracts totalling $165 million to build three new ‘Intermediate Class’ ferries. Lloyd’s Register (LR) will class the ferries. Mark Wilson, BC Ferries’ Vice President of Engineering, said: “BC Ferries is very pleased to have LR as
Galileo showcases its technology at NGV 2014
Galileo participated in NGV 2014 hosted by NGVA Europe, the European Natural Gas Vehicle Association, which was held July 7-10, at the Brussels Kart Expo, in the capital city of Belgium and the European Union. In its stand, Galileo presented its innovative Cryobox® Nano Station, the first modular pl
Zeebrugge set to get LNG cargo
Belgium’s Zeebrugge import terminal, operated by Fluxys, will receive a cargo of liquefied natural gas on July 28. The Umm Bab LNG carrier, with a capacity of 145,700 cubic metres, is sailing from Ras Laffan in Qatar, port data reveals. Nine LNG carriers were unloaded, and five were loaded at the Ze