Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Severny Inzhiniring, or Northern Engineering, which was set up on March 25, according to the registry.Novatek did not reply to a request for comment.Western sanctions imposed in 2022 significantly limited the availability for Russia of ice-class tankers
Dual Pre-FEED Wins Propel ECOnnect’s LNG IQuay Regas Terminal
ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals.The IQuay Regas Terminal combines a Floating Storage Unit (FSU), a modular floating regasification platform known as the R-Class, and either subsea or floating pipelines for high-pressure gas transfer to shore. The system’s compact…
GTT Receives Samsung Heavy Industries Order for Floating LNG Tank Design
GTT announced that it has received, during the third quarter of 2025, an order from the shipyard Samsung Heavy Industries (SHI) for the tank design of a new Floating Liquefied Natural Gas (FLNG) unit, which will be deployed in the Africa region. GTT will design the cryogenic membrane containment system for the LNG storage tanks, with a total capacity of 238,700 m³. The tanks will be fitted with GTT’s Mark III technology.This project underscores GTT’s central role in enabling major…
Eni: Coral Sul FLNG Complete and Ready to Sail Away to Mozambique
Italian energy industry giant Eni said Monday it had held the naming and sail away ceremony for the Coral-Sul FLNG unit, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje, South Korea, in the presence of Filipe Jacinto Nyusi, President of the Republic of Mozambique, and H.E. Moon Jae-in, President of the Republic of Korea.The FLNG, which is part of the Coral South Project, will be now towed and moored at its operating site in the Rovuma basin offshore Mozambique.
