Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd. (PNG) for $50m. Apache Canada and EOG Canada will pay PNG $30m on closing – expected by the end of February – and a second payment of $20m when the purchasers decide to proceed with construction of the Kitimat liquefied natural gas (LNG) export facility. "Acquiring the PTP is an important step in building a comprehensive system that will enable Apache and EOG to tap Asian markets for our abundant natural gas resources in the Horn River Basin and elsewhere in Western Canada," said Janine McArdle, president of Kitimat LNG. PTPLP is planning to build a 287-mile, 36-inch diameter underground line from Summit Lake, British Columbia, to Kitimat, the location of the planned LNG export terminal on the northern British Columbia coast. Following the completion of the purchase, Apache Canada will own 51 percent of the partnership and EOG Canada, through its wholly owned subsidiaries, will own the remaining 49 percent. PNG will operate and maintain the planned pipeline under a seven-year agreement with Apache Canada and EOG Canada with provisions for five-year renewals
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in . These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
Gazprom has prepared the framework structure of the agreement on the delivery of the third LNG-tanker to the United States, Analytical Information Agency reported. In September 2005 the first LNG-tanker of Gazprom was delivered to the United States for realization on the American market. The agreement concerning the LNG supply on the American market was signed with Shell Western BV and BG Group. The second tanker was supplied in December last year
Höegh LNG go for LNG FPSO; teaming up with Aker Yards and ABB Lummus Global Höegh LNG announced that it has entered into agreements with major contractors and formally started the engineering and design for its first LNG FPSO Unit (Floating Production Storage and Offloading), with the objective to design and construct the worlds’ first LNG FPSO. “Our strategy is to develop Höegh LNG’s business model from pure LNG transportation into offering also solutions for LNG production and
Lloyd’s Register has won the classification contract for four 155,000 cu-m Technigaz Mk III membrane-type LNG carriers, ordered by BP Shipping at Hyundai Heavy Industries (HHI) with a further four options. These ships are the largest LNG carriers ordered to date. The ships are also noteworthy in that they will have dual fuel diesel electric propulsion and will be the first LNG ships with this type of propulsion to be built in Korea
The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015, from award-winning energy business advisors Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten-year global investment high of $26 billion per annum by 2015
Cheniere's North American LNG Gateway Program with issuance of a Request for Proposals to sell to Cheniere up to 200 cargoes per year of liquefied natural gas (LNG) for the years 2008 - 2010. Cheniere's North American LNG Gateway(TM) program will provide global LNG suppliers a direct platform to nominate cargoes into Cheniere's LNG receiving terminals starting with the Sabine Pass LNG Receiving Terminal, which is currently under construction in Louisiana
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
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
United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they would continue working toward a final Sales Purchase Agreement to conclude the
Hamburg-based Hybrid Port Energy GmbH, has awarded a building contract to Shipbuilding and Machinery of Komárno, Slovakia to build the world’s first LNG Hybrid Barge to supply low-emission electrical power to cruise ships in port.
AWILCO LNG ASA say that their second 156,000 cbm Tri-Fuel Diesel Electric powered newbuilding 'WilPride', has been delivered from South Korea by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) prior to the following business transactions:
Five shipbuilding companies have been listed to bid on the design and construction of the new BC Ferries ships, but only one Canadian company made the shortlist, as follows: The company explains that nine pre-qualified shipyards responded to a Request for Pre-Qualification
Another active week in the newbuilding market is reported in the latest Clarkson Hellas S&P Weekly Bulletin, as follows: Dry Bulk Carriers Starting with the larger sizes Hyundai Merchant Marine (HMM) are understood by Clarkson Hellas to have placed an order for two firm 210
The November 2013 edition of Lloyd’s Register’s Gas Technology Report is dedicated to LNG as a marine fuel. Highlights include a look at developments in Canada – a shipowner, the regulator and a shipbuilder talk about gas fuelled shipping
Joakim (Kim) Ullman has been appointed President of Concordia Maritime AB with effect from 1 January 2014. Kim comes from Stena LNG where he has been CEO since 2012 and he will replace Hans Norén who will leave Concordia Maritime at the end of the year after ten years as president.
British Columbia’s first liquefied natural gas (LNG) proposal at Grassy Point near Prince Rupert has filed its export application with Canada's National Energy Board (NEB). "Aurora LNG is moving forward with their plans to export B.C
Capstone Turbine Corporation, a clean technology manufacturer of microturbine energy systems, is expanding its product offering in the marine market and has appointed six Capstone marine distributors. Capstone marine microturbines, which run on cleaner and less costly liquid natural gas (LNG)
Wärtsilä is to supply the extended engineering scope for the initial, basic, and production designs for two Container RoRo vessels to be built for US-based owner, Crowley Maritime Corporation. The vessels will be powered by liquefied natural gas (LNG)
The 488-meter-long-hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South Korea, where the facility is currently under construction
GE Marine, Dalian Shipbuilding Industry Company (DSIC) and Lloyd’s Register announce they have jointly developed a design for a gas turbine-powered LNG carrier. This unique carrier will provide low life cycle cost, high environmental performance and flexible design.
International classification society Bureau Veritas is classing the world’s largest bilobe gas tanks. They are nearing completion at China’s Sinopacific yard and will be installed in a series of four 27,500 cu m semi-refrigerated LNG/Ethylene carriers building for Denmark’s
Russian President Vladimir Putin has signed a law on the liberalization of exports of liquefied natural gas (LNG). According to the document, two new categories of license holders are entitled to the right to export LNG, in addition to Gazprom, reports Arctic-Info.
Light Structures, a global technology company for fiber optic monitoring and analysis systems, has won the contract to provide the critically important Load & Fatigue Monitoring Solution for the $2.7 billion Ichthys LNG Central Processing Facility (CPF)
Bristol Harbor Group, Inc. (BHGI) was awarded a task order for an Alternative Fuel (LNG/CNG) Initiative through its Indefinite Delivery Indefinite Quantity (IDIQ) Naval Architecture and Marine Engineering contract with the U.S. Army Corps of Engineers (USACE) Marine Design Center (MDC).