Lng News

CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMC’s scope includes instrument air compressors, utility compressors, nitrogen feed air compressors, and air driers. The company did not disclose the value of the contract.The MK II FLNG project involves converting Golar’s LNG tanker, Fuji LNG, into a floating liquefaction facility.

China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.Chinese state-owned China National Petroleum Corp (CNPC) and China National…

Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu), unchanged from the previous week, industry sources said."Market conditions remain relatively calm and are largely dominated by bearish sentiment," said Siamak Adibi, director for gas and LNG supply analytics at consultancy FGE…

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain.The ADM-501 and ADM-504 units were prepared earlier in the year for drilling operations in Nigeria, while upgrade works on ADM-503 and ADM-511 were recently finalized ahead of upcoming drilling campaigns…

Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices.This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russiain its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.So what’s in store for next year?

Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ, marking Woodside’s first long-term LNG contract with the Turkish market.Under the sale and purchase agreement, Woodside will supply BOTAŞ with about 5.8 billion cubic meters of natural gas equivalent, or around 0.5 million tons per annum of LNG, for up to nine years starting in 2030.The deal converts a non-binding heads of agreement signed in September into a binding commitment.

Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric Industries, Furukawa Electric and Nippon Yusen Kabushiki Kaisha (NYK Line) to develop fundamental technologies-including a new type of cable-laying vessel-as part of a project subsidized by the Japanese government's New Energy and Industrial Technology Development Organization (NEDO).One of MOL's roles in this project is to develop technologies for cable jointing and burial vessels…

Saipem has obtained ISO 55001:2024 certification, the international standard for asset lifecycle management, marking a significant milestone in its journey towards operational excellence and offshore sustainability.The certification, issued by DNV, confirms Saipem’s Asset Management system compliance with the most advanced requirements, covering all operational phases - design, procurement, installation, commissioning, maintenance and decommissioning, ensuring a robust and effective “Asset Integrity” framework.The certification applies to Saipem’s entire offshore asset portfolio…

Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September, in the most watched Offshore Engineer TV show.Working underneath the world’s waters is a challenge in and of itself, a challenge exacerbated if an operator does not have a clear picture of the make-up of the seabed with insights on the potential traps that might await.

Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) launched a new high-pressure fuel gas supply systems (FGSS) specifically designed to power the next generation of cleaner, more efficient ships with lower emissions and greater efficiency.Nikkiso CE&IG’s innovation in FGSS is engineered to deliver and sustain pressures well beyond today’s standards of 380-420 bar, regardless of fuel source, aimed at enabling the transition to lower-carbon fuels like liquefied natural gas (LNG)…

After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flows, FuelEU Maritime and EU ETS added cost and complexity, and owners across nearly every sector adopted a more cautious stance toward fleet expansion.As the industry enters 2026…

Bunker barge United LNG I was christened in the port of Antwerp, an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard and Gas & Heat.The vessel will enter service in early 2026, reinforcing the growing role of LNG bunkering in the Belgian and Dutch seaports.It is an estuary-class LNG bunker barge designed for both inland waterways and coastal service up to Zeebrugge. Measuring 135 x21.46 m, the barge carries eight cylindrical Type C cargo tanks of 1…

Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas.Wood will provide comprehensive maintenance services to support operations at the approximately 1,000-acre site.NextDecade expects the liquefaction and export facility will deliver secure and affordable energy through the safe and efficient…

Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels, along with comprehensive subsea services, throughout 2026 and into 2027.The scope of work also includes onshore engineering and project management services for various subsea operations.With this contract, DeepOcean will deliver uninterrupted IMR activities for Equinor from 2006 to 2035…

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025, a remarkable recovery since bottoming out in 2008 below 5 Mb/d.The shale oil boom was primarily responsible for this turnaround. The decision to allow crude oil exports from the U.S. at the end of 2015 also contributed, because it made U.S. crude accessible to the international market. This export access converged U.S.

Germany has been putting import terminals for liquefied natural gas into operation as part of its efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.The Brunsbuettel terminal received its floating storage regasification unit, the Hoegh Gannet, back on November 24 after upgrades, and Wilhelmshaven 2 has restarted its FSRU Excelsior ready for the coming winter months, state-appointed terminal company Deutsche Energy Terminal said.DET, which is in charge of three terminal locations…

Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental Shelf.Following completion of its current assignment in Canada, Floatel Endurance will sail across the Atlantic to Hanøytangen, arriving in the first quarter of 2026 for yard stay and energy optimization works.Under the contract, Semco Maritime will be in charge of thruster removal and overhaul…

Is LNG to ammonia a viable pathway for helping shipowners get to net zero?From an engine point of view there is a pathway, but there are two points to consider, says Lars Tingbjerg Danielsen, Two-Stroke Promotion Manager – Newbuildings at Everllence. First, the case where an engine is capable of burning both methane and ammonia; second the case where an engine starts its service burning methane and then later switches to burning ammonia.“If we look at the idea of an engine capable of burning both methane and ammonia, it is our belief that this is not a request from the market.

Flex LNG Ltd. reported steady third-quarter results for 2025, with a continued focus on maintaining its modern fleet of 13 large LNG carriers at peak operational and financial efficiency.Vessel operating revenues held firm at $85.7 million, with an average Time Charter Equivalent (TCE) rate of $70,921 per day across the fleet. The company reported net income of $16.8 million and adjusted EBITDA of $61.2 million, reflecting stable performance despite a sluggish start to the winter LNG shipping season.Fleet activity remained high during the quarter.

Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters.The world's largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United States, where LNG capacity is set to almost double over the next four years. It has already signed deals with other U.S.

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting binding targets to reduce greenhouse gas emissions to limit global warming to "well below" 2 degrees Celsius above the pre-industrial levels.

ABS issued an approval in principle (AIP) to Petrobras for its safety-enhancing “sandwich hull” design concept for floating production storage and offloading (FPSO) tanks.The design uses parts of longitudinal and transverse elements constructed with steel-concrete-steel sandwich structures that allow tanks to remain free of internal obstructions, promising to improve operational efficiency during tank inspections and enabling activities to be performed using remotely operated tools and automated devices such as robots.ABS completed design reviews based on class requirements.

The October delay at IMO of its Net Zero Framework continues to spark debate, and enthusiasm, about net zero fuel choices, including what LNG’s role should be.Debate is expected to continue too, as shipowners face a more complicated regulatory landscape now. Despite the uncertainty created by the delay, regulations continue to force emissions reductions, including existing IMO regulations such as CII and regional regulation such as FuelEU.With the number of dual-fuel LNG ships being ordered higher than methanol or ammonia alternatives…