Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia.Exxon, whose partner in the field is Melbourne-based BHP Billiton Ltd. (BHP), expects to make a decision…
London-based NYK subsidiary NYK Energy Transport (Atlantic) & GDF Suez time charter the LNG carrier 'Grace Barleiria' for 4 years.Grace Barleiria has been operated by NYK since her delivery in 2007. She has a capacity of 149,700 m3 and is equipped with GTT's Mark III technology…
Ports of Stockholm claims first in the world to provide infrastructure for liquefied natural gas (LNG) fuel for large passenger ferries.A successful collaboration involving AGA, Viking Line, Ports of Stockholm and the appropriate government…
Yamal LNG, a J/V between Russia’s Novatek and France’s Total, granted permission to build a liquefied natural gas plant in the Russian Arctic.The joint venture, majority-owned by Novatek with an 80 percent stake, received a positive assessment…
Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding jointly establish the MI LNG Company, Limited.Through establishment of the JV, the two companies aim to proactively prepare a structure capable of responding to large-scale LNG carrier construction projects…
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…
Drewry's latest 'LNG Insight' saw heating demand subside in major importing regions in February & cargo availablilty also tightened.Regarding cargo availability, a few unplanned shutdowns, caused a 4% decline in the LNG Freight Index.LNG shipping enjoyed a dream run during 2011 and 2012…
China Shipping Development Co. to order six liquefied natural gas (LNG) to tap the nation’s rising demand for cleaner fuel.The addition of the tankers comes as the world’s largest energy consumer plans to more than double natural gas consumption to cut its dependence on coal and oil…
Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, announced that Ron Person has joined its North American operations as director of business development for oil and gas.In his new role, Person will be responsible for…
UK headquartered Phusion appointed as Data Management Contractor (DMC) for the INPEX-led Ichthys LNG Mega-Project.The six-year contract is worth £11.5 million (AUD17.6m). The deal extends Phusion’s growing portfolio in Australia where the…
IAPH Encourages More Ports’ Involvement to Help Shape Best Industry Practices and Regulations With the global shipping industry showing increased interest in the use of LNG as a fuel for vessels, members of the International Association…
Decmil Group wins $25-million Shell Australia contract in support of the Prelude Floating LNG facility in the Northern Territory. Decmil has been engaged by Shell as the principal contractor for construction of the Darwin Onshore Supply Base to support the Prelude Floating LNG Facility…
On a visit to Qatar, Finland's PM conferred with government officials about the future import of LNG to serve neighbouring countries.According to the 'Gulf Times' Finnish company Gasum plans to build an LNG terminal that will serve as a…
A DNV-led Joint Industry Project (JIP) concludes attractive payback periods on the required investment are likely.Attractive payback periods from the additional investments required for LNG fuelled shipping, along with no significant legal…
The federal government approves a 25-year export licence for shipping LNG from Kitimat, a West Coast terminal proposed by a Shell consortium .The licence awarded to LNG Canada, a consortium of Shell, Korea Gas Corp., Mitsubishi Corp., and PetroChina International…