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Italy's Saipem Strikes Deal with Turkish Renaissance for Arctic LNG-2

Dec 19, 2018

Italian oil and gas industry contractor Saipem and Turkey's Ronesans signed a joint venture (JV) agreement for infrastructure construction for Russian Federation's Arctic LNG-2 project.Saipem said the contract for the construction of the project is worth EUR 2…

Russian Novatek, Italian SACE in LNG Pact

Dec 19, 2018

Russian gas giant Novatek and SACE SIMEST, the Italian export credit company part of CDP Group, have finalized an agreement on strategic cooperation in the liquefied natural gas (LNG) projects, including Arctic LNG 2.'PAO Novatek and SACE signed…

Cheniere, Malaysia's Petronas Sign 20-Year LNG Pact

Dec 19, 2018

Houston-based Cheniere Energy Partners has signed a 20-year liquefied natural gas (LNG) supply deal with a subsidiary of Petronas, Malaysia's state-owned oil and natural gas company.Per long-term pact, Petronas agreed to buy about 1.1 million tons a year from the Sabine Pass facility…

Lithuania Plans to Buy an FSRU

Dec 18, 2018

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…

Angola's Soyo LNG Plant Resumes Production

Dec 18, 2018

Angola's Soyo liquefied natural gas (LNG) plant has resumed production after a 'controlled' shutdown, a spokeswoman for Angola LNG said on Tuesday.She did not specify why the shutdown had occurred and declined to say when the plant would load its first cargo after reopening…

Uniper, Mitsui OSK Lines Press Ahead German FSRU

Dec 17, 2018

German energy group Uniper and Japanese shipping group Mitsui OSK Lines (MOL) have agreed to intensify efforts on the Wilhelmshaven FSRU (Floating Storage and Regasification Unit) project in Germany, which could start up as early as H2 2022…

New O&G Projects to Expected to Accelerate

Dec 17, 2018

The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a report.Shaken by a sharp drop in oil prices in recent months…

Uniper intensifies LNG plans with Japan's Mitsui OSK

Dec 17, 2018

Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany…

Qatar to Invest USD 20 bln in US Energy Sector

Dec 16, 2018

Peninsular Arab country Qatar has said that it plans to invest more than $20 billion in the US energy sector over the next five years.According to a report in Reuters, minister of state for energy affairs of the energy-rich Qatar Saad Sherida Al-Kaabi…

Gasum Consolidates Nordic LNG Market

Dec 16, 2018

The Liquefied Natural Gas (LNG) company Skangas is renamed Gasum (See MarineLink report ).  The Scandinavian distributor and producer of small-scale LNG claimed that the name change will strengthen the Gasum brand in the Nordic countries and…

LPG Carrier "Laurel Prime" Christened at MHI

Dec 14, 2018

Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation. The christening ceremony was held at the Koyagi Plant of MHI's Nagasaki Shipyard…

BP Green Lights Trinidad, Tobago Gas Projects

Dec 14, 2018

BP in Trinidad and Tobago (bptt) gave the go-ahead to two new gas developments, Cassia compression and Matapal, offshore Trinidad, it said on Friday.BP will build a new platform, Cassia C, and first gas from the facility is expected in the third quarter of 2021…

Poland's PGNiG Receives US LNG

Dec 14, 2018

Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) is set to receive a spot cargo of U.S. liquefied natural gas (LNG).The Warsaw-headquartered oil and gas company said in a statement that it will receive…

Kairos Begins Operations in Northwest Europe

Dec 14, 2018

The world’s largest LNG bunker supply vessel “Kairos” has started operations in Northwest Europe on December 11th, 2018, said a press note from the Polish LNG Platform.Chartered by Blue LNG, a joint venture of the Hamburg based leading LNG supplier…

Christophe de Margerie Loads First Cargo from Third Train Yamal LNG

Dec 14, 2018

The Arctic LNG carrier Christophe de Margerie, owned and operated by Sovcomflot, loaded the first batch of liquefied natural gas (LNG) produced at the third train of Yamal LNG plant, at the Port of Sabetta on the Yamal Peninsula.Dmitry Medvedev…

Current News

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Strike Threat Grows at Ichthys LNG after Workers Reject Deal

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Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

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MidEast Energy Output Recovery to Take Two Years, IEA Says

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Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

Japan to Launch $10B Fund to Help Asia Secure Oil

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