Mustang Engineering, a wholly owned subsidiary of international energy services company John Wood Group PLC, and Wood Group, have been awarded U.S. patent 715 5917 for a proprietary process to convert liquefied natural gas (LNG) into natural gas, according to Oilonline. This technology, marketed as the LNG Smart Air Vaporization (SAV) process, uses a closed-loop intermediate fluid circulating through fin-fan heat exchangers to extract heat from ambient air to vaporize LNG from its cryogenic state at - 260°F back to pipeline temperatures for transporting and storage. When compared with the more traditional submerged combustion vaporization technique, the SAV technology provides major reductions in fugitive air emissions (up to 100% under certain ambient conditions), and substantially lowers facility operating costs (through significantly reduced fuel gas usage). SAV also does not use seawater, thereby eliminating any negative impact on marine life in environmentally sensitive areas. The SAV process is currently being installed as the primary vaporization process at Trunkline LNG Company’s Infrastructure Enhancement Project in Lake Charles, Louisiana, utilizing the existing Submerged Combustion Vaporizers (SCVs) as a backup heat source. The project, currently in the detail engineering phase, is on schedule to be commissioned in the 3rd quarter of 2008.
MISC Bhd has secured two long-term charters for its LNG carriers with Yemen LNG Company (YLNG) for the transportation of the commodity from Yemen to the US and Mexico, according to a report on www.theedgedaily.com. Under the charter party agreement, MISC will provide two 157,000 cu. m. LNG carriers to YLNG for the shipment of LNG from Balhaf in Yemen to Total Gas & Power Ltd facilities at Sabine Pass, Louisiana and Altamira in Mexico.
Kitimat LNG Inc. announced that it has signed a memorandum of understanding (MOU) with EOG Resources Canada (EOG) to supply natural gas to Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal in Kitimat, B.C. Pursuant to the MOU, Kitimat LNG and EOG are proceeding to negotiate a definitive agreement under which EOG would supply specific quantities of the LNG facility’s 700 million cubic feet per day of natural gas feedstock.
While seemingly miniscule in terms of deadweight tons ordered and delivered per year as compared to the shipbuilding business as a whole, the production of gas tankers, LNG and LPG, are high-value, high prestige orders that are likely to rise significantly in the coming years. Consistently high oil prices have effectively forced the production and processing of gas, and the current trend is towards increased usage of this valuable commodity
DNV and Korea Gas Corporation (KOGAS), Korea’s national gas company, has entered into an agreement to cooperate on a feasibility study on the establishment of an LNG bunkering infrastructure in Korea. This is one of the largest and most comprehensive feasibility studies ever initiated in the worldwide LNG bunkering industry. Based on this agreement, DNV will qualitatively and quantitatively study the feasibility of implementing LNG bunkering in ports in the south-eastern area
Crowley’s Carib Energy has been awarded a multi-year contract to supply containerized, U.S.-sourced Liquefied Natural Gas (LNG) to its first industrial customer, Coca-Cola Puerto Rico Bottlers in Cayey and Club Caribe in Cidra, both wholly owned subsidiaries of CC1 Companies, LLC. The contract, executed through Crowley’s Carib Energy subsidiary, includes the fuel supply and transportation of LNG to two of the manufacturer’s plants in Cayey and Cidra, Puerto Rico
As the demand for LNG grows, the Chinese government has recognized that in expanding its LNG capabilities, it must build-up the skill set of its maritime professionals in this vital sector. A new course created by Braemar Engineering aims to support this growing demand for LNG expertise in China and increase understanding of STCW amendments concerning operation and management regulations for liquefied vessels. Developed in conjunction with the Cambridge Academy of Transport and Shanghai
The practical challenges of using Liquefied Natural Gas (LNG) as a marine fuel will be a major theme of the 2013 SHIPPINGInsight Fleet Optimization Conference, Oct. 22-24 at the Sheraton Stamford Hotel in Stamford, Conn. “A number of major shipping companies are placing orders for new LNG-powered ships and others are considering converting their existing ships to run on LNG,” said Frank Soccoli, coproducer, SHIPPINGInsight
Ras Laffan Liquefied Natural Gas Company Limited (RasGas) made its first delivery of liquefied natural gas (LNG) from the shores of Qatar to Mexico on October 8. This event followed a spot sale to Shell Western LNG B V by Ras Laffan Liquefied Natural Gas Company Limited. The LNG cargo was loaded on board the LNG tanker Fuwairit, and departed from Ras Laffan, on September 16, the press release added. The voyage of 22 days over a distance of 9
Highlights Golar LNG reports consolidated net income of $16.3 million and consolidated operating income of $20.4 million for the first quarter of 2011 Golar LNG announces a cash dividend of $0.25 cents per share Significant improvement in charter rates during the quarter Golar secures charters for its 4 modern vessels of between 12 and 18 months. The contracts are expected to generate approximately $80 million of EBITDA on an
More than $30 billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said.
LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini Class LNG bunker barge scheduled for delivery at the end of 2015. “Taylor-Wharton has been actively engaged in the
Lithuania seeks to cut dependence on Russia; Statoil to supply 0.54 bcm of gas per year. This will cover about 20 pct of Lithuania's demand. Lithuania signed its first liquefied natural gas purchase deal with Norway's Statoil on Thursday
Doosan Engine has confirmed delivery of the world’s first dual-fuel, low-speed ME-GI engine to the American National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego, USA. The new engine is capable of operation on LNG and/or bunker C oil and will power the first of two 3
Liquiline says it has entered into a contract with Fjord Line to design, construct and commission an LNG ship bunkering terminal for Fjord Line AS at the Port of Hirtshals, Denmark. The terminal will be constructed at the Port of Hirtshals
Liquefied Natural Gas Limited has advised that the U.S. Department of Energy has revised procedures that could result in faster approval of applications to export LNG to non-Free Trade Agreement (Non-FTA) countries. The company had in October 2013 applied for approval to export 8
China's biggest energy firm PetroChina is reviewing its multi-billion-dollar push to produce liquefied natural gas (LNG) to fuel trucks and ships in place of diesel, shutting two major gas liquefaction plants, sources said. Seen just a year ago as a fast-growing profit engine
Wärtsilä says it has been awarded a contract for the control system of a shore-based liquefied natural gas (LNG) fuelling facility in Port Fourchon, Louisiana, USA. Details as follows: The facility is owned by Harvey Gulf International Marine
The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the facility is under construction, informs Shell.
The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in
Experts predict the internal combustion engine will not lose its dominant position any time soon, but developing engines to meet ever tighter emission limits is costly. So what role are alternative fuels likely to play in the future? Oskar Levander, VP Innovation
Just three more weeks to take advantage of early-bird discount SHIPPINGInsight 2014 is coming soon, but there’s still time to take advantage of the early-bird registration discount. Attendees registering prior to the Aug. 28 early-bird deadline can receive a discount up to $400 for the
TerraMar Networks and Energy Perspectives join forces to offer ground-breaking LNG analytics services. Global GPS asset tracking provider, TerraMar Networks Limited has announced that it has entered into an agreement with Energy Perspectives
Australia's North West Shelf liquefied natural gas (LNG) export project awarded at least one cargo each to Shell and Norway's Statoil following a tender, sources with knowledge of the matter said. The sell tender for four cargoes loading in October and November was launched last week
Höegh LNG Partners LP a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd., announced today the pricing of its initial public offering of 9,600,000 common units representing limited partner interests in the Partnership at $20.00 per unit