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Liquefied Natural Gas

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Gina Krog field in the North Sea; Source: Ole Jørgen Bratland/Equinor
Liquefied Natural Gas

After Shelf Drilling rig hits gas in North Sea, production start-up on the cards by year-end

Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.

about 3 years ago
Finland’s Inkoo FSRU receives second LNG cargo from Gasum after Balticconnector incident
Liquefied Natural Gas

Finland’s Inkoo FSRU receives second LNG cargo from Gasum after Balticconnector incident

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Following rupture and shutdown of the Balticconnector gas pipeline in early October, Finland’s Inkoo FSRU terminal has received second LNG cargo from Gasum. According to Gasum, the cargo arrived on November 5 and unloading to the FSRU has started where the LNG will be regasified and fed into the Fin

about 3 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Liquefied Natural Gas

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.

about 3 years ago
Mitsui & Co. invests in Arctic LNG 2 operating company
Liquefied Natural Gas

Mitsui & Co. invests in Arctic LNG 2 operating company

Mitsui & Co., through Japan Arctic LNG (J-Arc), has invested in Arctic LNG 2 LLC, the operating company for the Arctic LNG 2 project in Russia. Japan Arctic LNG is a Dutch corporation 75% owned by Japan Organization for Metals and Energy Security (JOGMEC) and 25% owned by Mitsui. On November 2, the

about 3 years ago
Prelude; Source: Shell
Liquefied Natural Gas

Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.

13 minutes read
Illustration; Source: The International Energy Agency (IEA)
Liquefied Natural Gas

IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 3 years ago
QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
Liquefied Natural Gas

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK

QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

about 3 years ago
Europe’s LNG capacity buildout outpaces demand, IEEFA claims
Liquefied Natural Gas

Europe’s LNG capacity buildout outpaces demand, IEEFA claims

The Institute for Energy Economics and Financial Analysis (IEEFA) has reported that the gap between Europe’s LNG capacity and demand continues to widen. Europe has added six new LNG terminals in 2023, plus a previously mothballed terminal and a new floating storage regasification unit (FSRU) that is

about 3 years ago
ETAP facility in the North Sea; Source: BP
Liquefied Natural Gas

BP sees sharp drop in profit due to flat gas prices but uplifts renewables pipeline

BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.

12 minutes read
Illustration; Source: TotalEnergies
Liquefied Natural Gas

Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

18 minutes read
TotalEnergies commissions LNG FSRU in Le Havre
Liquefied Natural Gas

TotalEnergies commissions LNG FSRU in Le Havre

France-headquartered energy major TotalEnergies has announced the commissioning of the Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The company informed that the terminal injected its first megawatt-hours (MWh) of gas

about 3 years ago
Eni clinches long-term LNG deal with QatarEnergy to strengthen Italy’s energy security
Liquefied Natural Gas

Eni clinches long-term LNG deal with QatarEnergy to strengthen Italy’s energy security

Qatar’s state-owned oil and gas company QatarEnergy and Italian energy major Eni have signed a long-term agreement for the supply of LNG from Qatar to Italy. Under the 27-year sale and purchase agreement (SPA), up to one million tons per annum (mtpa) of LNG will be delivered to the floating storage

about 3 years ago
QatarEnergy and Shell agree on 27-year LNG supply to the Netherlands
Liquefied Natural Gas

QatarEnergy and Shell agree on 27-year LNG supply to the Netherlands

QatarEnergy and Shell, through their affiliates, have signed two long-term LNG sale and purchase agreements for the supply of LNG from Qatar to the Netherlands. Pursuant to the agreements, up to 3.5 million tons per annum (mtpa) of LNG will be delivered to the Gate LNG terminal in the port of Rotter

about 3 years ago