Russia’s Sakhalin Energy has started a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform which is one of the Sakhalin-2 production assets.
The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers.
OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, reached a milestone at the end of last month.
Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.
Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project.
Total reported a 96 per cent drop in adjusted profit for the second quarter of 2020 due to lower prices and COVID-19 effects.
The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss. Shell announced on Thursday a loss of $18.1 billion for the second quarter due to the effects related to the Covid-19 pandemic. T
French LNG containment specialist GTT posted a 66.2 percent rise in revenue in the first half as it booked eighteen new orders. The company said its revenue reached 203.8 million euros ($240 million) in the January-June period. Revenue benefited from the flow of orders over the last two years, it sa
Russian independent LNG producer Novatek reported a 40 percent decline in its second-quarter profit due to the effects related to the Covid-19 pandemic. Net profit reached 41.6 billion roubles ($572.8 million) in the April-June period, compared to 69.1 billion roubles last year. Revenues also droppe
The Nordic energy company Gasum has conducted the first truck-to-ship liquefied natural gas (LNG) bunkering operation in Germany.
Norway-based shipping company Flex LNG has taken the delivery of its first newbuild carrier for this year and expects additional vessels to follow shortly. South Korea’s Hyundai Samho Heavy Industries delivered the 174,000-cbm Flex Aurora on Wednesday. The LNG shipping company controlled by billiona
French private equity firm InfraVia Capital Partners has acquired European small-scale LNG player Molgas Energy. The equity company completed the acquisition via its InfraVia European Fund IV, it said on Tuesday without revealing the financial details of the transaction. However, law firm Ashurst sa
Spanish LNG terminal operator Enagas reported a 9.4 percent profit rise in the first half as its regasification plants continued to operate as usual during the Covid-19 pandemic. The company said profit after tax in the January-June period increased to 236.3 million euros ($276.9 million). This comp
Silverstream Technologies has secured a new deal to install its air lubrication tech on eight newbuild LNG carriers.
