After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, this year and 2021 had at least as much capacity lined up for final approval – instead, there’s a famine, Wood Mackenzie said.
To adjust and transform to cleaner sources of energy, the world’s largest oil and gas firms could sell or swap oil and gas assets of more than $100 billion, Rystad said.
Qatari LNG shipping giant Nakilat has taken the next step in the second phase of its planned fleet management transition.
Russia’s largest independent natural gas producer Novatek has achieved another milestone for its Yamal LNG project.
Qatari LNG shipping giant Nakilat is continuing with the second phase of it fleet management transition progamme with a unit of Shell. As part of the transition, Nakilat has assumed full ship management and operations of Q-Flex Al Sadd starting August 13. The Doha-based shipping firm owns the 210,20
Kuwait Petroleum’s unit KIPIC said two sub-contractors died in an accident on Saturday at its LNG plant under construction in Al-Zour. KIPIC said in a statement it would undertake all the necessary measures to investigate the incident. The company did not provide any additional information. State-ow
LNG tech specialist, Air Products, has been selected to provide its equipment for the first phase of Qatar Petroleum’s LNG production expansion project.
Qatari LNG shipping giant Nakilat has taken over full ship management and operations of Q-Max LNG carrier Al Samriya on Monday.
Dutch Fugro has completed the first phase of its offshore site investigation for Qatargas’ North Field production sustainability’s compression phase. The fieldwork started in March, and the phase one marks completion of the geophysical scope. The geotechnical scope in phase two should run until Augu
Qatar’s Nakilat, the world’s largest LNG shipper, reported a 15.5 percent rise in first-half profit as it reduced administrative costs and purchased stakes in four vessels. The Qatari LNG shipping giant posted a net profit of 550 million riyals ($151 million) compared to 476 million riyals in 2019.
Qatari LNG shipping giant Nakilat continued the fleet management transition from Shell’s trading and shipping unit.
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
A Dutch-Pakistan venture is inviting companies willing to secure capacities at a planned onshore LNG import terminal in Port Qasim to submit their bids. Elengy Terminal Pakistan, owned by Vopak and Engro, has invited expression of interest on a non-binding basis from international and local LNG supp
State-owned LNG giant Qatar Petroleum said on Thursday it will integrate chemical distributor Muntajat as part of efforts to further strengthen its downstream business. The integration of Chemical and Petrochemical Marketing and Distribution Company will enable QP to continue expanding its global re
