LNG

Galp Energia Holds Five-year Sell Tender of Nigerian LNG

Portugal's Galp Energia is holding a tender to sell four to six Nigerian liquefied natural gas (LNG) cargoes annually over five years, trade sources said.   Galp

DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier

 South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia.

HUMMEL LNG Hybrid Barge Begins Second Season

For over one year the HUMMEL has been contributing to improved air quality at the port of Hamburg. Becker Marine Systems’ LNG Hybrid Barge will also be supplying

France's CGT Will Block Elengy's LNG Terminals

France's hardline CGT union said on Monday that workers at Elengy, which operates three liquefied natural gas (LNG) terminals in France, will go on strike from midnight until May 26 midnight included.

Oil Discoveries Sink to Lowest since 1952 -Morgan Stanley

Exploration spending nearly halves after oil price drop; poor discovery record to impact future supplies. Oil discoveries in 2015 fell to their lowest since

Woodside Beefs up Myanmar Gas Field Resource Estimates

Woodside has reported an increase in its best estimate contingent resource (2C) by 83 MMboe to 4,481 MMboe following the announcement of two gas discoveries offshore Myanmar in Q1 2016.

NASSCO Delivers Second ECO Tanker to APT

On Thursday, May 19, shipbuilders at General Dynamics NASSCO delivered the Magnolia State to longtime customer American Petroleum Tankers (APT). The ECO Class tanker

Qatargas Delivers 1st Spot LNG Cargo to JERA

Qatargas Operating Company Limited (Qatargas) agreed with Japan’s newly established JERA Co. Inc. on the first spot Liquefied Natural Gas (LNG) cargo purchase under

Fracture Stimulation of Tamarama-1 Well in Cooper Basin Begins

Sydney, 23 May 2016, Cooper Basin focused oil & gas company, Real Energy Corporation Limited commenced the five-stage fracture stimulation program of Tamarama -

BW LPG Registers 10% Growth in VLGC Fleet

 Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export.    However,

Export Diversification Boosting Gazprom’s Competitivenes

Gazprom's Board of Directors noted that gas exports were essential for Russia's economy and fundamental for the energy cooperation between Russia and Europe. This

Angola LNG Restart, Sales Tender Delayed

Angola's liquefied natural gas (LNG) export plant is experiencing fresh delays in raising production and shipping a cargo, according to trade sources. The plant,

Oil Search, Total Ink InterOil Assets Deal

MoU signed between Oil Search and Total. Oil Search to sell down 60% of the interest acquired from InterOil in PRL 15 and 62% of InterOil’s exploration assets to Total,

Petronas Chooses Jotun Antifoulings

Petronas has selected Jotun’s Hull Performance Solutions (HPS) antifouling system for two LNG vessels chartered from MISC.   The advanced antifouling coatings

Australia's Gorgon LNG Export Facility to Resume Ops

Chevron has begun to restart its Gorgon liquefied natural gas (LNG) export facility in Australia following its unplanned shutdown in April, the U.S. energy major said on Wednesday.

Rising VLGCs fleet Impact LPG Freight Rates

LPG shipping freight rates are forecast to deteriorate further through 2016 as a result of the fast rising fleet of Very Large Gas Carriers (VLGCs) which has already

Petrobras Renews Contracts for Marlim, Voador Fields

Petrobras has signed tody with the ANP an extension of the concession contracts of the Marlim and Voador until 2052. The extension of the Production Phase of the

Hose-in-Hose Transfers Open a New Door to LNG

First of its kind Cryoline floating LNG hose-in-hose transfer system improves safety and lowers operator costs – improving access to LNG fuel   Trelleborg’s fluid handling operation,

Wartsila's Value of Expediency

Regasifying and storing LNG offshore has allowed customers to import gas without committing to land-based infrastructure. The option also speeds up access to vast amounts of energy.

BIMCO/ICS Foresee 150,000 Marine Officers Shortage

Launched yesterday evening at the International Maritime Organization, the latest five-year BIMCO/ICS Manpower Report forecasts a serious future shortage in the supply of seafarers.

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