BW’s floating storage and regasification unit located in Pakistan’s Port Qasim recently completed its 100th ship-to-ship LNG transfer. FSRU BW integrity, owned by Singapore’s gas shipping giant BW and Japan’s Mitsui, completed the milestone operation on June 6. Since commissioning in 2018, the vesse
The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012.
Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea to be utilized for its future LNG carrier fleet re
Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, has taken control of another LNG carrier from STASCo.
Qatar’s plans to raise liquefied natural gas capacity to 126 million tonnes per year could even see an additional boost, according to Qatar Petroleum’s chief executive Saad al-Kaabi. State-owned QP is currently working on the first phase of the North Field expansion project to raise the country’s LN
Oceaneering has been awarded a considerable asset integrity contract from a major operator based in Dubai, UAE.
Qatari LNG shipping giant Nakilat said on Thursday it started the second phase of its fleet management transition from Shell’s trading and shipping unit. Q-Max LNG carrier Al Mayeda is the first of seven vessels that will transition to Nakilat’s management as part of a phased changeover deal. To rem
Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts, according to a new report by DNV GL.
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China as part of ongoing North Field expansion projects. QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially worth m
Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, reported an 18 per cent rise in its first-quarter profit. Nakilat said Monday its net profit reached 279.5 million Qatari riyals ($76.7 million) in the January-March period. Quarterly revenue also increased by 13 per cent year-on-ye
SOHAR Port and Freezone became the first Middle Eastern port to join the multi-sector industry coalition SEA-LNG.
There are three potential fuel pathways toward developing zero-emission vessels and decarbonizing the future of shipping, according to ABS. The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out
State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up ri
Qatar Petroleum has delayed the production start from its LNG export project to 2025 as it faces bidding process delays. Speaking to Reuters, Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of Qatar Petroleum, said the size of the project remains the same. This
