Floating LNG

Excelerate Energy and EXMAR NV have announced that they have concluded the acquisition by Excelerate Energy of the full 50% shares held by EXMAR in four companies.

Eni announced on 6 December that it has closed the US$4.7 billion financing for its Coral South FLNG project in Mozambique.

Wison has announced that it will collaborate with CCS Wuhan Rules & Research Institute on China’s FSRU industry standards.

Höegh LNG close the transfer of the remaining 49% of its interest in Höegh Grace to Höegh LNG Partners LP.

DOF Subsea announced the award of a five-year IMR contract with Shell Australia to provide IMR services in July 2016.

Hoegh LNG has cancelled a deal to provide a floating import terminal for a LNG project being developed by GEI.

DNV GL has granted Dreifa Energy’s FRU concept ‘Approval in Principle’.

Ophir Energy has postponed its final investment decision on a proposed US$2 billion LNG project in Equatorial Guinea until early 2018.

The tender launched on 7 November by OLT Offshore LNG Toscana for the FSRU Toscana terminal was successfully concluded with the awarding of the Peak Shaving service.

Ophir Energy have released an update on the Fortuna FLNG project located in Equatorial Guinea.

MacGregor has received an order from the Summit LNG Terminal in Bangladesh for the project management, engineering and supply of a complete subsea mooring and riser system.

Summit LNG Terminal has signed a US$100 million turnkey contract with a marine work contractor consortium.

Swiss commodity trader Trafigura plans to develop its second LNG import terminal in Pakistan.

Wison Offshore & Marine has signed a MOU on strategic cooperation with Shanghai Electric Power Generation group.

A consortium behind a LNG import project in Pakistan, including Exxon Mobil, Total, Qatar Petroleum and Höegh LNG, has been dissolved.