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Liquefied Natural Gas

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The GTA hub, including a floating LNG vessel; Source: BP
Liquefied Natural Gas

BP taps Oceaneering for subsea work on giant gas field

Oceaneering has got hold of a multi-year subsea assignment on BP’s natural gas field offshore Mauritania and Senegal, said to be the biggest project in the UK-headquartered energy giant’s portfolio.

about 1 year ago
Port of Gdańsk; Source: Gaz-System
Liquefied Natural Gas

Appeal fails to topple Polish-Turkish consortium as FSRU contractor

With the appeal procedure now out of the way, Poland’s gas transmission system operator Gaz-System has confirmed that the previously chosen general contractor remains the right pick for the job of bringing to life the offshore section of the country’s floating storage and regasification unit (FSRU),

about 1 year ago
LNG carrier
Liquefied Natural Gas

LNG shipping platform finds new owner

Global alternative asset manager Apollo has signed a deal with HitecVision, an investor in the European energy industry, to acquire the maritime liquefied natural gas carrier (LNGC) infrastructure platform Hav Energy LNG through its managed Apollo Funds.

about 1 year ago
Two large vessels at sunset
Liquefied Natural Gas

Dutch-UAE duo teams up on Perenco’s FLNG project in Gabon

UAE-headquartered engineering and construction company Technomak has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement with the Netherlands’ integrated solutions provider Dixstone, an affiliate of Anglo-French oil and gas player Perenco Group, for a f

about 1 year ago
Rendering of two large vessels
Liquefied Natural Gas

Samsung Heavy’s deepwater FLNG design wins triple blessing

South Korea’s Samsung Heavy Industries has received approvals in principle (AiP) for a standardized model of a multi-purpose LNG floater-offshore (MLF-O) from three classification societies: Norway’s DNV, the UK’s Lloyd’s Register (LR), and the United States’ American Bureau of Shipping (ABS).

about 1 year ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Liquefied Natural Gas

20-year gas offtake deal lands on Commonwealth LNG’s booking sheet

Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, has won a new multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) for its LNG export terminal currently under development on the west bank of the Calcasieu Ship Channel at t

about 1 year ago
FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Liquefied Natural Gas

LNG terminal electrification moving forward as contractor gets shore connection job

KN Energies (KN), former Klaipedos Nafta, has picked a contractor for engineering, procurement, and construction (EPC) works related to its LNG terminal electrification project on Lithuania’s Kiaulės Nugara Island.

about 1 year ago
CP2 LNG; Source: Venture Global
Liquefied Natural Gas

$3 billion loan in the bag for Venture Global’s $28B US LNG export project in Louisiana

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a $3 billion bank loan facility with 19 banks to continue manufacturing, procurement, and engineering of a natural gas liquefaction and export facility for its proposed multibillion-do

about 1 year ago
TotalEnergies breaks ground on Middle East’s first LNG bunkering hub
Liquefied Natural Gas

TotalEnergies breaks ground on Middle East’s first LNG bunkering hub

French energy giant TotalEnergies and Oman’s OQ Exploration and Production (OQEP) have kicked off construction of the Marsa LNG plant in the port of Sohar, taking the next step toward establishing the Middle East’s first LNG bunkering hub.

about 1 year ago
Rendering of Argentina LNG project; Source: YPF
Liquefied Natural Gas

$13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands

Golar LNG has gotten hold of two multibillion-dollar assignments related to a proposed liquefied natural gas (LNG) large-scale upstream and midstream integrated gas development project, estimated to be worth $50 billion, in the Sierra Grande Norte, on the South American country’s Atlantic coast.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Liquefied Natural Gas

Oil, gas, and LNG weaving energy security web

The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the pulse of the worldwide energy secur

14 minutes read
Illustration; Source: Rystad Energy
Liquefied Natural Gas

Fossil fuels are here to stay just like their greener brethren

The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps

12 minutes read
Illustration; Source: Offshore Energies UK (OEUK)
Liquefied Natural Gas

Decarbonization: Oil & gas industry’s biggest challenge

There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas

about 1 year ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Liquefied Natural Gas

Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to b

15 minutes read
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