Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers, a report by the shipping consultancy Drewry says.
London-based Ophir Energy said the Block R licensee containing the Fortuna gas discovery, will not be extended following the expiry of the license on December 31, 2018.
Here are the most read stories of the previous week.
Philippines: EWC granted DoE permit for Pagbilao LNG facility Energy World Corporation, the company developing LNG projects in Indonesia and the Philippines, has been granted a permit by the Department of Energy to build the LNG import facility at Pagbilao Grande Island. McDermott to partner with Sa
Offshore Energy Today’s most popular news of the past week.
Hadaroy, Fjord 1’s first of the Havyard 936-design electric ferries, has entered service.
Drewry expects an increase in ordering of small LNG carriers in 2019 and beyond.
Dutch PitPoint.LNG said it plans to open its first LNG fueling station in the industrial area LAR Menen (Rekkem) in Belgium.
Drewry believes headhaul volumes may struggle to match this year’s growth rate.
Keppel Offshore & Marine clinched contracts worth about SGD 300 million (USD 218.8 million).
The International Marine Contractors Association (IMCA) has developed a new Code of Conduct for its members. This represents the final stage of a three stage programme launched this year, comprising: A Code of Practice for the Secretariat; An Anti-Bribery and Corruption (ABC) eLearning module for it
Fluxys-operated Zeebrugge LNG terminal is set to accommodate two LNG carriers on Tuesday for a potential transshipment operation.
GEFO has signed a contract for up to four chemical tankers with China’s AVIC Dingheng Shipbuilding.
IUMI: The current system of leaving the fuel testing or damage to the end user is outdated.
