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Liquefied Natural Gas

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Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project
Liquefied Natural Gas

Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

about 1 year ago
FSRU Energos Power; Source: Energos
Liquefied Natural Gas

FSRU gig at one of Germany’s LNG terminals cut short over pricing issues

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Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.

about 1 year ago
A vessel at sea at sunset
Liquefied Natural Gas

Celsius and Basalt’s two-vessel LNG fleet growing by one, possibly more

UK-based investment firm Basalt Infrastructure Partners has signed a deal to add a newbuild liquefied natural gas (LNG) carrier to the existing LNG platform owned by its joint venture with Denmark’s Celsius Shipping.

about 1 year ago
LNG carrier (for illustration purposes); Source: GTT
Liquefied Natural Gas

GTT-COSCO collab sets out to strengthen LNG, ethane shipping sector

French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.

about 1 year ago
EemsEnergy Terminal
Liquefied Natural Gas

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Illustration; Source: Bureau Veritas
Liquefied Natural Gas

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the jo

23 minutes read
Valaris DS-9 drillship; Source: ExxonMobil
Liquefied Natural Gas

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
Arkticheskaya jack-up floating drilling rig; Source: Gazprom
Liquefied Natural Gas

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk

about 1 year ago
President Lech Kaczyński LNG Terminal in Świnoujście has been in operation since 2016; Source: Gaz-System
Liquefied Natural Gas

LNG terminal spreads its wings to level up Poland’s gas diversification and energy security

Gaz-System has expanded the regasification capacity at a liquefied natural gas (LNG) terminal in Świnoujście.

about 1 year ago
A large vessel at dock
Liquefied Natural Gas

Croatia’s LNG terminal one step closer to capacity expansion

The process of increasing the capacity of the liquefied natural gas (LNG) terminal on the island of Krk, Croatia, has entered a new stage with the completion of the inspection of a regasification module at Nantong CIMC Sinopacific Offshore & Engineering in Shanghai.

about 1 year ago
Europe
Liquefied Natural Gas

New LNG carrier deal marks 21st vessel entry in Danish shipowner’s orderbook

Danish shipping player Celsius has expanded its liquefied natural gas (LNG) orderbook with a new addition, thanks to a deal with Japan’s JERA.

about 1 year ago
Six men standing in a row
Liquefied Natural Gas

French-Chinese duo exploring synergies in FLNG and FSRU sectors

French technological containment specialist Gaztransport & Technigaz (GTT) has signed a strategic cooperation agreement with China Offshore Engineering & Technology to optimize solutions for floating liquefied natural gas (FLNG) and floating storage and regasification units (FSRU).

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Liquefied Natural Gas

BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

about 1 year ago
Value Maritime, partners win funding for CCS aboard Samskip Kvitbjorn
Liquefied Natural Gas

Value Maritime, partners win funding for CCS aboard Samskip Kvitbjorn

Dutch maritime technology company Value Maritime and its partners in the Maritime Efficient & Easy Carbon Capture (ME2CC) project have received funding from the Maritime Masterplan 2024 to advance the development, construction and demonstration of a compact, modular carbon capture system to be insta

about 1 year ago