Excelerate Energy News

 

GE Vernova's SeaGreen Power and Propulsion for Excelerate Energy's New FSRU

Sep 05, 2023

GE Vernova’s Power Conversion recently won a contract award from HD Hyundai Heavy Industries Co. to supply GE Vernova’s SeaGreen integrated power and propulsion system, equipped with high power-density induction motor technology, to power and…

Bangladesh's Moheshkhali LNG Terminal Back to Nearly Full Capacity

May 22, 2023

Bangladesh's Moheshkhali liquefied natural gas (LNG) terminal, operated by Excelerate Energy, resumed supply at nearly full capacity late on Sunday, two government officials told Reuters, after being closed for about a week due to a deadly storm…

Baltic Leaders Look to Offshore Wind for Energy Security

May 10, 2023

The Baltic Offshore Wind Forum was held in Berlin, Germany on May 9 as part of a bid to advance sustainable energy and energy security in the Baltic Sea region.Foreign Ministers and high-level representatives of Member States of the Council of the Baltic Sea States (CBSS)…

Wave Energy Legislation Passes Senate Committee in California

May 02, 2023

California Senate Bill 605 has been passed in California’s Senate Energy Committee and the Natural Resources and Water Committee.SB 605, proposed by California State Senator Steve Padilla, passed both committees unanimously, 15-0 and 10-0, respectively…

Accelerating the Transition to a Better Energy Future: SPE Offshore Europe 2023 Registration Open

Apr 20, 2023

Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…

Finland’s New Inkoo Terminal Accepts First LNG

Apr 04, 2023

Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

Westwood Names Director of Hydrogen

Nov 29, 2022

Energy market research and consultancy firm Westwood Global Energy Group (Westwood) has appointed Joyce Grigorey as Director of Hydrogen.Grigorey has 15 years of analytical and project management experience in research and consulting, having…

Germany Completes Construction of LNG Terminal

Nov 16, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas. 'The new LNG landing place is a big step towards a secure energy supply…

Will the Future be Walls or Bridges? Equinor Releases "Energy Perpectives 2022"

Sep 19, 2022

Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…

Germany Charters Fifth FSRU

Sep 02, 2022

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…

Demand for FSRUs Soars as Europe Works to Cut Reliance on Russian Gas

Jun 21, 2022

Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas…

Siemens Energy Launches $4.3B bid for Remaining Stake in Wind Turbine Maker Siemens Gamesa

May 23, 2022

Siemens Energy on Saturday launched a 4.05 billion euro ($4.28 billion) bid for minority holdings in struggling wind turbine unit Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares.The bid at 18.05 euros per share constitutes a premium of 27…

Ten Year Deal: Finland Charters Excelerate Energy's FSRU

May 20, 2022

U.S.-based LNG company Excelerate Energy and a subsidiary of Gasgrid Finland, a Finnish state-owned natural gas transmission system operator, on Friday signed a ten-year deal in Helsinki for the charter of a floating storage and regasification vessel (FSRU) that they said would provide 'flexible…

New Era: Lundin Energy Proposes Name Change as It Readies to Exit Oil & Gas Business

May 18, 2022

Swedish company Lundin Energy, which will exit the oil and gas business next month with the sale of oil and gas assets to Norway's Aker BP,  is set to change its name to Orrön Energy AB.Lundin Energy, which under the name Lundin Petroleum discovered…

Logistics News

Klaipėda Port Begins Its Green Hydrogen Journey

Klaipėda Port Begins Its Green Hydrogen Journey

Ukraine: 500m Euros Needed to Rebuild Port Facilities Damaged by Russia

Ukraine: 500m Euros Needed to Rebuild Port Facilities Damaged by Russia

Port Arthur LNG Phase 2 Receives Non-FTA Export Authorization

Port Arthur LNG Phase 2 Receives Non-FTA Export Authorization

DP World Nhava Sheva Expands Asia Connectivity with New Weekly Shipping Services

DP World Nhava Sheva Expands Asia Connectivity with New Weekly Shipping Services

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