SAINT-PETERSBURG, RUSSIA: PAO NOVATEK has signed a Share Purchase Agreement with TotalEnergies SE on the sale of a 10% participation interest in Arctic Transshipment LLC. “The transshipment facilities will ensure the optimal utilization of our ice tanker fleet and reduce…
PARIS: Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. Each partner will bring together their best-in-class technologies and…
DOHA: Qatar Petroleum is developing the North Field East Project (NFE), the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77 million tons per annum (MMTPA) to 110 MMTPA, a news release said. In addition to…
KARACHI: Pakistan State Oil (PSO) has invited bids for the supply of one cargo of liquefied natural gas (LNG) to be delivered on April 15-16, and three consignments of motor gasoline for the month of March amid higher anticipated demand…
PARIS: Total SE has chartered four Aframax-type vessels equipped with Liquified Natural Gas (LNG) propulsion. These vessels, each with a capacity of 110,000 tons of crude oil or refined products, will be delivered in 2023 and will join the time-chartered…
LONDON: InfraStrata plc has entered into a term sheet with West Face Long Term Opportunities Global Master L.P. for the acquisition of Meridian Holdings Co., under which sits the proposed Floating Storage and Regasification Unit Project (FSRU), located in Barrow-in-Furness,…
HAMILTON: Flex LNG Ltd. through one of its subsidiaries has entered into a long-term time charter with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd. The period under the time charter is up to ten years where the…
SYDNEY: Liquefied Natural Gas Limited has extended the validity period of its current binding engineering, procurement, and construction (EPC) contract with KSJV (a KBR – SKE&C joint venture led by KBR) for its 100% owned subsidiary, Magnolia LNG LLC. The…
ISLAMABAD: Japan, which is already undertaking various training programs in the energy sector of Pakistan for emerging energy and LNG markets, will soon a training program specifically designed for Pakistan. Kuninori Matsuda, the Ambassador of Japan to Pakistan along with…
OSLO: Solstad Offshore ASA has entered into a contract with Inpex Operations Australia Pty for the provision of two anchor handlers to support additional drilling for the Ichthys LNG development. Normand Scorpion and Normand Sirius will be contracted to INPEX…
MOSCOW: PAO NOVATEK announced today that 15 LNG cargos from the Company’s Yamal LNG project were shipped eastbound to the Asian Pacific markets directly via the Northern Sea Route (NSR) during third quarter 2019. The eastbound shipments represented about 25%…
MOSCOW: PAO NOVATEK and HMS Group signed a Memorandum on Strategic Partnership and Localizing the Fabrication of Critical Equipment for LNG Production. The Memorandum notes the results already achieved on developing medium-tonnage compressor equipment. According to the Memorandum, the Parties…