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Liquefied Natural Gas

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LNG carrier; Courtesy of Wärtsilä
Liquefied Natural Gas

As Wärtsilä parts with gas solutions business, German player snaps it up

Finnish technology group Wärtsilä has decided to divest Wärtsilä Gas Solutions to Mutares SE & Co. KGaA, a German private equity investor.

about 10 months ago
Snohvit Future project (illustration); Source: Equinor
Liquefied Natural Gas

Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected

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about 10 months ago
Illustration; Source: Ocean Yield
Liquefied Natural Gas

Ocean Yield and NYK Line pool resources on LNG vessel quartet with four more on the cards

Building on their previous ties, Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushiki Kaisha (NYK Line) have teamed up to split ownership in four liquefied natural gas (LNG) carriers that are yet to be constructed. However, available charter options could double the newb

about 10 months ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Liquefied Natural Gas

EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027

Given its determination to shake off the shackles of dependence on Russian oil and gas imports, the European Union (EU) has decided to lay down the law on these fossil fuels by holding the line on the proposed gradual ban on imports of pipeline gas and liquefied natural gas (LNG) from next year, wit

about 10 months ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Liquefied Natural Gas

Snam moves to take over partner’s stake in Italy’s FSRU

Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.

about 10 months ago
Goliat; Source: Var Energi
Liquefied Natural Gas

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 10 months ago
Grain LNG; Source: National Grid
Liquefied Natural Gas

£1.5 billion enables UK-US pair to get their hands on Europe’s giant LNG terminal

Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have brought into their fold a liquefied natural gas (LNG) terminal in Kent County, United Kingdom.

about 10 months ago
Rendering of Cahiracon FSRU site; Courtesy of Gas Networks Ireland
Liquefied Natural Gas

Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,75

about 10 months ago
Illustration; Source: TotalEnergies
Liquefied Natural Gas

France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

about 11 months ago
Hammerfest LNG on Melkøya; Credit: Øyvind Gravås and Jonny Engelsvoll/Equinor
Liquefied Natural Gas

Probe into incident at Equinor’s LNG hub sheds light on root cause

While pinpointing the primary source, Norway’s state-owned energy giant Equinor has shared its findings regarding a recent investigation into an incident at its liquefied natural gas (LNG) facility on Melkøya island in Northern Norway.

about 11 months ago
Calcasieu Pass terminal; Source: Venture Global
Liquefied Natural Gas

Venture Global’s new LNG deal underscores Europe’s bet on US gas

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Spain’s Naturgy.

about 11 months ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Liquefied Natural Gas

UAE and Azerbaijan strengthen ties as ADNOC’s XRG expands Caspian Sea footprint

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has set the wheels in motion to join Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian S

about 11 months ago
Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier
Liquefied Natural Gas

Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier

Swiss-based climate tech company Daphne Technology and Greek shipping player Maran Gas, part of the Angelicoussis Group, have completed their joint methane abatement pilot on board commercial LNG carrier.

about 11 months ago
Man pointing at offshore platform
Liquefied Natural Gas

TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

about 1 year ago