Excelerate, Petrobras Reach Deal on Bahia Terminal FSRU
Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its existing Floating Storage and Regasification Units (FSRU) for service at the Bahia Regasification Terminal, start importing LNG and selling regasified natural gas to its Brazilian customers, once the financial and legal qualification and certification stages have been concluded and all necessary regulatory approvals have been obtained.Steven Kobos…
Partners to Expand Pakistan LNG Inport Terminal
Excelerate Energy announced it has agreed with partner Engro Elengy Terminal Ltd. (EETL) to expand the EETL liquefied natural gas (LNG) import terminal in Port Qasim, Pakistan.Under the heads of agreement (HOA), Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite with a newbuild FSRU, Hull 2477, which is currently under construction at South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) shipyard and due to be delivered in April 2020.
Excelerate to Build FLNG Terminal in Philippines
Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions, received a notice to proceed (NTP) from the Philippine Department of Energy (DOE) to develop Luzon LNG, which would be a floating liquefied natural gas (FLNG) terminal in the Bay of Batangas.The project, Luzon LNG, will supply natural gas, sourced from LNG, to existing and new gas-fired power plants in the region that provide electricity to Luzon including the area of Metro Manila. This abundant and secure source of gas supply will augment the existing gas production from the domestic Malampaya fields…
IWAI, IOC Pact on Fuel Needs for Waterways
Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) signed a memorandum of understanding (MoU) on fuel needs for national waterways and to develop infrastructure for fuels for Waterways.The MoU will provide for an understanding over general modalities of mutual co-operation leading to addressing futuristic demand of any form of energy for Inland Waterways and associated services.A press release said that both will jointly develop infrastructure for meeting fuel, lubricating oil, LPG and natural gas requirements of national waterways.The MoU also covers development of infrastructure for receipt, storage…
Wintershall Appoints Helge Beuthan to Head ME
Germany's largest crude oil and natural gas producer Wintershall Holding has appointed Helge Beuthan as new general manager of its Middle East division in Abu Dhabi.Beuthan, the current vice president for global subsurface evaluation, would take over the duties of Uwe Salge in Abu Dhabi on February 1, said a press release from the wholly owned subsidiary of BASF.The previous General Manager will return to Wintershall in Kassel, where he will take over Beuthan's area of responsibility.Helge Beuthan has been with Wintershall since 1995 and brings with him extensive E&P experience from various positions, such as the German oil and gas activities in Barnstorf…
Wison to Build LNG Regasification Barge
Wison Offshore & Marine has announced the award of a binding agreement with Vessel Gasification Solutions (VGS) of New Jersey, U.S.A., for the supply of the industry's first barge-based floating LNG regasification unit (FRU) to be installed offshore India. The FRU, which will be owned by VGS, will consist of a newbuild, non-propelled barge equipped to perform the regasification and send out of a maximum of 1,000MMscf/d of gas. The facility will be moored on a jetty structure located approximately 8km offshore Andhra Pradesh on India's eastern coast…
