Marine link
 

Lng Energy

Acquisition of Golar LNG Energy Limited

Reference is made to announcement dated on June 3, 2011 where Golar LNG Limited ("Golar LNG") informed of its intent to exercise its right under Bermuda company law to compulsorily acquire all remaining outstanding shares in Golar LNG Energy Limited ("Golar Energy") and the notice of compulsory acquisition ("tvangsinnløsning") dated June 3, 2011 that was sent out to remaining shareholders in Golar Energy.   Golar LNG hereby informs that the compulsory acquisition will be completed at NOK 26.80 per share.   The last day for trading the shares on Oslo Børs will be June 29, 2011. On July 4, 2011 the remaining outstanding shares will be acquired by Golar LNG. Settlement through VPS is expected to take place on July 8, 2011.  


US FERC OKs LNG Projects in Mississippi

The Federal Energy Regulatory Commission on Thursday gave final approval to two liquefied natural gas import terminals along the Mississippi coast. The LNG Clean Energy Project, located in the Port of Pascagoula, will be able to send out up to 1.5 billion cubic feet of gas a day. The $450m terminal, which will be owned by the Houston-based private investor group Gulf LNG Energy LLC, will be able to handle 150 LNG tankers a year.


LR Approves GE Gas Turbine for LNG Ships

Lloyd’s Register has issued an Approval in Principle of GE Energy’s LM2500-based, gas turbine propulsion system for liquefied natural gas (LNG) ships. Gas turbine propulsion systems have been widely used on naval and cruise ships, but are new to LNG vessels. The Approval in Principle, issued through Lloyd’s Register North America, Inc, gives GE Energy a high level of confidence that the marine industry will embrace its gas turbine propulsion system design as a viable alternative to


DNV to Cooperate with Korea Gas Corporation

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


LNG Main Pass Energy Hub Needed

Industry consortium wants to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential deepwater port facility. United LNG, LP, and Freeport-McMoRan Energy LLC (FME), a subsidiary of McMoRan Exploration Co, are engaged in efforts to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential Deepwater Port facility to receive, store, condition, and liquefy domestic natural gas for export as liquefied natural gas (LNG)


Jordan Cove Approved for LNG Export

Terminal in Coos Bay, Oregon authorized to export Liquefied Natural Gas to non-free trade agreement countries The U.S. Energy Department announced that it has conditionally authorized Jordan Cove Energy Project, L.P. (Jordan Cove) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States, from the Jordan Cove LNG Terminal in Coos Bay, Oregon


Northeast Gateway Energy Bridge LNG DWP

The Maritime Administration (MARAD) issued a Notice stating that the draft environmental impact statement (DEIS) for the Northeast Gateway Energy Bridge LLC liquefied natural gas (LNG) deepwater port (DWP) license application is available for review. The application proposes construction and operation of an LNG import facility in waters of Massachusetts Bay approximately 13 miles south-southeast of Gloucester. Public meetings will be held in Gloucester (June 14) and in Salem (June 15)


ABS and CCS Conduct Joint LNG Forum

Increased interest in the building of liquefied natural gas (LNG) carriers at Chinese shipyards spurred the recent Large LNG Carriers Forum, held in Shanghai, and conducted jointly by classification societies ABS and CCS (China Classification Society) in conjunction with leading LNG operators.       More than 150 representatives from the Chinese government, shipowners, shipbuilders, designers, energy corporations and universities attended the forum


MHI to Establish LNG Project Management Department

Effective June 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish LNG Project Management Department, within the Environmental and Chemical Plant Project Management Division of the Company's Engineering Headquarters. The new department will be dedicated to market exploration of LNG (liquefied natural gas) related business opportunities. By establishing the new unit, MHI aims to expeditiously respond to the growing demand for LNG related facilities that is being fueled by rapid expansion


Weaker LNG Tankship Spot Market Anticipated

The tanker market is in the midst of a supply surge ahead of new liquefaction from next year. Until new supply begins to roll out from 2H 2014 from Australia and Papua New Guinea, we should expect a much weaker market for spot tankers, says Pira's weekly 'Energy Market Recap'. But what should happen in LNG shipping often does not. After probably the weakest year in modern LNG shipbuilding history, in which a single vessel was delivered in 2012 (boosting rates to never seen before highs last


MN 100: Crowley

CrowleyMaritime_CommitmentClass_elcoqui(1).jpg

9487 Regency Square Boulevard Jacksonville, FL 32225 Tel: (800) 276-9539 Email: corpcomm@crowley.com  Website: www.crowley.com Chairman & CEO: Thomas B. Crowley The Company: Crowley Maritime Corporation is a U.S.-owned and operated marine solutions


Gazprom, Sovcomflot Expand LNG Transport Cooperation

Gazprom and Sovcomflot named the new state-of-the-art 170,000m³ liquefied natural gas carrier (LNGC) Pskov, after one of the oldest Russian cities. The ship will be chartered to Gazprom Global LNG (GGLNG) under a long-term contract. The LNGC Pskov is the second vessel in a series of


LNG Finalizes Acquisition of Bear Head LNG Project

Logo

  Liquefied Natural Gas Limited today informed having finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement to the ASX by LNGL on 28 July 2014 regarding the signing of an agreement to acquire BHLC from a subsidiary of Anadarko Petroleum


Skangass Granted Permission for LNG Terminal

Skangass LNG Terminal to come up in  Gävle, Sweden

  The Swedish Government (Länsstyrelsen in Dalarnas Län) has granted Skangass permission to build and operate a new Terminal for LNG (Liquefied Natural Gas) within the harbour in Gävle, Sweden. Skangass aims at starting the construction work during 2015.


Faster Approvals for LNG Export to Non-FTA Countries

Magnolia-LNG receives export boost

  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


Liquiline to Construct Denmark's First LNG Bunker Terminal

Port of Hirtshals scene: Photo Liquilline

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


Lithuania Inks First Statoil LNG Deal

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


LNG America Selects Topside Designer for LNG Bunker Barge

Image: LNG America

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


Mozambique: $30b Invested for 2018 LNG Export

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 Transport Barge Design Approved by ABS

Image: Bristol Harbor Group, Inc.

Conrad Shipyard, L.L.C. engaged Bristol Harbor Group, Inc. (BHGI) to develop a 3,000 cubic meter Liquefied Natural Gas (LNG) transport barge utilizing a Bristol Harbor Group proven hull design built by Conrad.  Bristol Harbor Group has been awarded an Approval in Principle (AIP) by the


Gazprom, Vietnam Boost Cooperation in Energy Sector

Production offshore Vietnam. Neptune Discoverer drilling vessel

  The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia.


Höegh LNG - Interim results for quarter ended 30 June 2014

  Höegh LNG reported USD 32.3 million in total income in the second quarter 2014, down from USD 42.7 million in the second quarter 2013. The decrease is mainly due to USD 16.2 million lower construction contract revenues. "We reached an important milestone when the complex FSRU


ABS Opens Office in Beijing

abs logo.jpg

ABS, a global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing. This move shows ABS' determination in expanding best-in-class service for the Chinese market. This new office will allow further collaboration with government


Wärtsilä Upgrades Fuel Gas Handling Solution

The upgraded Wärtsilä LNGPac system.

With LNG becoming increasingly viable and popular as a marine fuel, Wärtsilä continues to develop technical solutions that facilitate this trend. The latest Wärtsilä developments in this field involve an upgraded version of the Wärtsilä LNGPac


Kogas Talks to Offload up to 10 Autumn LNG Cargoes

kogas logo.jpg

Korea Gas Corp. has approached long-term suppliers of liquefied natural gas (LNG) to defer up to 10 autumn cargos to winter, showing it is lumbered with excess supply and pulling out of spot markets, industry sources said. High stocks and weak demand prompted state-run Kogas






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright