Floating LNG

The US Commodity Futures Trading Commission issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.

Bangladesh has terminated talks with Trafigura to install a small FLNG import terminal due to delays in agreeing terms, while rival trader Gunvor advances with a separate project.

The very first Laby®-GI Compressor of Burckhardt Compression was used as a minimum send-out compressor.

Exmar has executed a 10 year charter with Gunvor for its FSRU barge.

Smit Lamnalco has secured a 20-year contract with the National Oil and Gas Authority of Bahrain to supply marine services to the Bahrain LNG terminal.

In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project.

TMC has signed two contracts to supply a total of five marine compressors to a floating storage regasifaction unit that Hyundai Heavy Industries is building for Swan Energy Ltd.

A clean, reliable power supply is critical for offshore oil and gas assets.

LNG terminal at Jaigarh Port to enable development of local port-based industries.

Black & Veatch’s PRICO® technology is set to play a major role in BP’s field development in West Africa.

Coalition says uptake of LNG as a marine fuel can play a significant role in decarbonising the shipping industry.

Golar LNG has entered into a Preliminary Agreement and exchanged Heads of Terms with BP Mauritania Investments for an FLNG vessel.

The Merakes field, estimated to hold about 2 trillion ft3 of lean gas in place, is located in 1500 m water depth offshore East Kalimantan, Indonesia.

The long-delayed Browse gas project off Western Australia has gained key support.

Croatia will announce on 28 May the results of a tender to use capacity at a planned LNG terminal in the northern Adriatic.