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Liquefied Natural Gas

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Rendering of possible configuration of the IQuay Regas Terminal; Source: ECOnnect Energy
Liquefied Natural Gas

Floating regas solution gains ground: ECOnnect scores double pre-FEED win on LNG import projects

Norway’s technology company ECOnnect Energy has picked up two preliminary front-end engineering design (pre-FEED) deals for its modular regasification (regas) solution, said to be designed for faster delivery and be more cost-efficient than traditional floating storage and regasification units (FSRU

about 1 year ago
LNG carrier; Courtesy of Wärtsilä
Liquefied Natural Gas

Wärtsilä and TMS Cardiff Gas renew LNG heptad deal for vessel ops support

Finnish technology group Wärtsilä is staying longer on the liquefied natural gas (LNG) carrier lifecycle duty with Greece’s TMS Cardiff Gas, part of TMS, thanks to a multi-year deal for seven LNG vessels.

about 1 year ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Liquefied Natural Gas

Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 1 year ago
Grain LNG
Liquefied Natural Gas

QatarEnergy makes use of ‘largest LNG receiving terminal’ in Europe

QatarEnergy has started utilizing liquefied natural gas (LNG) storage and regasification capacity at a giant LNG terminal in the UK, which is described as Europe’s largest LNG regasification terminal, located at Isle of Grain to the east of London.

about 1 year ago
Illustration; Source: Novatek
Liquefied Natural Gas

EU puts its foot down on Russian oil & gas imports with gradual phase-out

The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a res

about 1 year ago
Snam plans to convert Oristano LNG coastal storage facility into FSRU; Source: Higas
Liquefied Natural Gas

Snam eyes Higas acquisition and FSRU conversion in LNG expansion move

Italy’s energy infrastructure operator Snam has made a play for Higas, a company that owns a liquefied natural gas (LNG) coastal storage facility in Oristano, Sardinia.

about 1 year ago
Testing entailed the bidirectional transfer of LNG from the Avenir Aspiration small LNG carrier to the FSRU Toscana, and vice versa; Source: OLT Offshore LNG Toscana
Liquefied Natural Gas

Italy makes its first foray into small scale LNG service with OLT’s auctions

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has launched the first auctions for a small scale liquefied natural gas (LNG) (SSLNG) service, achieved through a bidirectional LNG transfer at its floating storage and r

about 1 year ago
A processing plant by the sea
Liquefied Natural Gas

Safety overhaul underway at Equinor’s Barents Sea LNG plant after incident probe

Following an internal investigation of an accident at its liquefied natural gas (LNG) facility, Norway’s state-owned energy giant Equinor has introduced measures to prevent similar incidents from happening in the future.

about 1 year ago
Illustration: Source: Wood Mackenzie
Liquefied Natural Gas

50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision cou

about 1 year ago
LNG agreement signing
Liquefied Natural Gas

Mercuria to supply BOTAŞ with US-sourced LNG until 2045

Global energy and commodity group Mercuria has signed a liquefied natural gas (LNG) purchase and sale agreement with the state-owned Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 1 year ago
Rosneft
Liquefied Natural Gas

EU’s 19th sanctions wave targets Russia’s energy lifelines: LNG ban, oil cap cut, and step-up in shadow fleet purge

The European Commission’s proposal for the 19th package of sanctions not only deepens the shadow fleet sweep with 180 new vessel listings, but also tightens the energy noose on the Kremlin with a liquefied natural gas (LNG) ban, marking a turning point in the EU’s attempt to wean itself off Russian

about 1 year ago
Dunkerque LNG terminal in Dunkirk, France; Courtesy of Fluxys
Liquefied Natural Gas

Spain-headquartered Asterion comes on board France’s largest LNG terminal

On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasif

about 1 year ago
Wärtsilä
Liquefied Natural Gas

Wärtsilä’s 15-year deal fortifying operational reliability of Chinese firm’s LNG vessel trio

Wärtsilä has won a multi-year lifecycle agreement for three liquefied natural gas (LNG) carriers with China LNG Shipping (International) Co. Ltd. (CLSICO), which is perceived to be designed to ensure operational reliability, enable flexibility in maintenance scheduling, and optimize the time between

about 1 year ago
Mammoet Tugdock
Liquefied Natural Gas

Mammoet, Tugdock seal strategic pact to expand use of offshore platform tech

Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water

about 1 year ago
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