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…
VP brings experience in offshore oil & gas, LNG, engineering and other maritime related industries.Crowley Maritime Corporation’s solutions group recently named Farhad Rajabi vice president of its project management team. He will work out of the group’s Houston office and report to Craig Tornga…
The Polarled-pipeline will export gas from Statoil's Aasta Hansteen field in the Norwegian Sea to the Nyhamna gas plant.Statoil has awarded Marubeni Itochu/JFE the fabrication contract for linepipe to the Polarled project, while Wasco has been awarded the coating contract…
Nigeria Liquefied Natural Gas Company (NLNG) $1.6 billion bank loan on the cards.The company, which is majority owned jointly by the state oil company NNPC and Royal Dutch Shell, told Reuters a year ago it had contacted global banks to appoint advisers to explore the best option to raise funds…
Port of Rotterdam will be the first in the world to reward ocean-going LNG tankships holding Green Award Certificates.The Port Authority will give these ships 6% discount on port dues when they arrive in Rotterdam. LNG tankers have been calling…
