Liquefied Natural Gas News

Delegation Promotes Bermuda Shipping Industry

Speaking in the House of Assembly today [Oct 6] Minister of Transport and Regulatory Affairs Walter Roban provided an overview of his attendance at two shipping conferences in London, saying that the delegation worked to promote our “islands significant Ship Registry and ship services, demonstrated that Bermuda is a safe…

Dan's Energy Digest: Big News From Kinder Morgan And Peers

Things have been getting quite interesting these past couple of days among larger energy firms and regarding the industry as a whole. Despite pressure from market participants who still fear the glut, the picture has been improving and some recent announcements by firms operating in this space help to underscore just how attractive things seem to be getting.

CH2M wins marine engineering support contract for BP's Tortue LNG development

EBR Staff WriterPublished 06 October 2017CH2M has bagged a new marine engineering support contract for BPs Tortue liquefied natural gas (LNG) development project offshore Mauritania and Senegal.The Tortue project comprises a floating gas treatment facility, subsea gas production, a nearshore hub facility and a pipeline…

One Step Ahead

(Article originally published in the May/June 2017 edition)Repair yards expand to meet growing demand for retrofits.Increasingly stringent air emission regulations have been generating business for the ship repair industry for years now. And while the early push for scrubber installations is over, the cyclical nature of…

Total to Operate 3 New Exploration Blocks in Angola  | Rigzone

Press Release|Tuesday, December 20, 2011TweetTotal announced Tuesday it is expanding its significant presence in Angola through the successful application for three new exploration blocks in the deepwater Kwanza Basin. Following an international licensing round, Total signed three production sharing agreements with state-owned Sonangol on December 20, 2011.

BP to add six new state-of-the-art LNG tankers 🔓

BP is building six new tankers to move liquefied natural gas (LNG), Kallanish Energy reports.The state-of-the-art tankers will go into service in 2018 and 2019 to boost BPs expanding global LNG portfolio.Financial partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers that will supplement BPs existing tanker fleet…

Pre-Market Technical Recap on Shipping Stocks -- Top Ships, Golar LNG, Seaspan, and Teekay Tankers

If you want a Stock Review on TOPS, GLNG, SSW, or TNK then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For today, DailyStockTracker.com scans the following equities: Top Ships Inc. Seaspan Corp. According to an article on The Straits Times, France's CMA CGM, the world's third-largest container line…
Reuters

Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals  | Rigzone

by  Reuters|Fumbuka Ng'wanakilala|Thursday, June 29, 2017TweetDAR ES SALAAM, June 29 (Reuters) - The Tanzanian government submitted three bills to parliament on Thursday that would allow it to force mining and energy companies to renegotiate their contracts, the latest in a string of moves that have alarmed foreign investors.It…
CH2M wins northwest Africa FLNG marine support deal

CH2M wins northwest Africa FLNG marine support deal

CH2M has landed a marine engineering support contract for the BP-led Tortue gas project that will produce LNG off Mauritania and Senegal.BP has selected KBR as its engineering services contractor: KBR chose CH2M to provide civil and marine engineering support.The Tortue project will produce subsea gas, using a floating gas-treatment plant…

Your Subsea News | CH2M wins major marine engineering support contract on BP project developing offs

CH2M wins major marine engineering support contract on BP project developing offshore gas fields in Senegal and Mauritania CH2M has been awarded a new marine engineering support contract on BP's innovative Tortue development offshore Mauritania and Senegal. The new energy development project involves subsea gas production…

Wärtsilä Signs A Contract To Supply LNG Terminal To Finland

The technology group Wärtsilä recently announced it has been awarded a turn-key contract with Hamina LNG Oy to supply a liquefied natural gas (LNG) receiving terminal to be built in Hamina, Finland.The scope includes site filling, soil refurbishment, civil works, infrastructure, full containment storage tank with a combined net volume of 30 000 m3…

Norway: Fish Vessels Go Electric

The Norwegian aquaculture and fishing industry has joined the green shipping wave with a number of pioneering electric fleet initiatives.In 2015, the Norwegian maritime industry launched the DNV GL-led public private initiative, the Green Coastal Shipping Program. The idea was to encourage research and development of green technology concepts in the country’s shipping sector.

Aug exports up 22pc to RM82.2b | New Straits Times

KUALA LUMPUR: Exports in August jumped by 21.5 per cent in August compared with a year ago to RM82.23 billion, led by the continued double digit growth in electrical and electronics (E&E) segment.Exports again exceeded the RM80 billion mark this year, for the second time.Imports rose by 22.6 per cent to RM72.36 billion…
BP lands US$1Bn to finance LNG newbuildings

BP lands US$1Bn to finance LNG newbuildings

BP launched its LNG fleet-renewal programme last yearKMarin and ICBC are investing more than US$1 billion in six LNG carrier newbuildings that BP has ordered from Daewoo Shipbuilding & Marine Engineering (DSME) for delivery in 2018 and 2019, to deliver cargoes from US export start-up Freeport LNG.LNG World Shipping data suggests that the ships in question are hulls 2441…

Wärtsilä secures contract to supply LNG receiving terminal to Finland

Technology services company Wärtsilä has secured a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal set to be built in Hamina, Finland, to Hamina LNG.Hamina LNG is a joint venture between Finland’s Hamina Energia and Estonia’s Alexela Varahalduse, which intends to operate an LNG import terminal in the Port of Hamina and connect it to the Finnish gas grid…

Mitsubishi Heavy Bets on New US Turbomachinery Demand  | Rigzone

by  Matthew V. Veazey|Rigzone Staff|Friday, February 17, 2017TweetJapan-based industrial firm expanding reach within US oil and gas market.Japan-based Mitsubishi Heavy Industries (MHI), is bullish about its growth potential in the U.S. oil and gas space. In fact, the large industrial firm anticipates expanding the scale of its U.S.

KBRwyle to Sponsor Army Ten-Miler

HOUSTON, Oct. 5, 2017 /PRNewswire/ -- KBR, Inc. (KBR) announced today that, through its global government services business KBRwyle, it will once again join the Association of the U.S. Army (AUSA) as co-lead sponsor of the Army Ten-Miler (ATM) race in Washington, D.C. on Sunday, October 8. KBR has been a major sponsor of the ATM for 12 years.

October 6 Natural Gas Weekly: Storage Forecast And Update On Supply/Demand Balance

This report covers the week ending October 6, 2017. Daily data for September 30 to October 5 is estimated. Daily data for October 6 is forecast. To read last weeks report, please click here. Total Supply/Demand BalanceWe estimate that aggregate demand for American natural gas (consumption + exports) totaled just over 440 bcf this week (down as much as 6.5% w-o-w, but still up 7% y-o-y).

Maritime Journal | Europort 2017 Programme

Europort, from 7-10th November 2017 in Rotterdam is a must attend event for ship owners, shipyard managers, ship designers, marine superintendants, fleet managers, ship brokers, technical engineers, naval architects and all other maritime professionals that are involved in shipbuilding, repair or conversion.The Europort 2017 programme will include many high-level conferences…

Global Ship Lease From The Perspective Of A Preferred Dividend Investor - Global Ship Lease, Inc (NY

Hpestes asked about switching from Costamare (NYSE:CMRE) preferreds into GSL-B. Frankly, I didn't have an answer and figured it was time I took another look at Global Ship Lease (NYSE:GSL).For those of you unfamiliar with my preferred investment philosophy, "The Basics Underlying Investments Viewed Through the Eyes Of A Preferred Investor" will explain how and why I became a preferred investor.