Floating LNG

KT Maritime has christened two infield support vessels, which will be used to support Shell’s Prelude floating LNG unit.

Eni has announced that it has authorised investment for the first phase of development of the Coral discovery, which is located in the Rovuma Basin (Area 4), offshore Mozambique.

Petronas has announced that its first floating LNG facility, PFLNG SATU, has achieved its first gas milestone from the Kanowit gas field, which is located offshore Sarawak, Malaysia.

Höegh LNG has announced its interim results for the quarter ended 30 September 2016.

Shearman & Sterling has advised OneLNG on the establishment of a JV to develop a FLNG project.

Black & Veatch has announced that it has been selected as owner’s engineer by CELSE for the Porto de Sergipe plant – a 1516 MW combined cycle power project in northeastern Brazil.

According to Reuters, the Turkish energy minister, Berat Albayrak, has said that the country is on track to become a major hub for energy trading, especially for natural gas.

Ophir Holdings & Ventures Ltd and OneLNGSM have announced that they have signed a binding shareholders’ agreement to establish a joint operating company to develop the Fortuna project.

According to Reuters, an official at EGAS has said that Egypt will delay its plans to rent a third FSRU for one month, until the ministry of energy determines its electricity requirements.

FID on Mozambique LNG project expected before end of 2016

Chart Energy & Chemicals Inc. has confirmed that its brazed aluminium heat exchangers have become the first to produce LNG onboard a floating facility.

Reuters reports that Ophir Energy is able to proceed with its Fortuna FLNG project with or without partners, due to the fact that the cost estimates have halved to approximately US$450 million.

Sembcorp Marine and Engie have signed a Memorandum of Understanding to develop an LNG-to-power near-shore terminal solution.

According to Reuters, General Electric has been awarded a US$900 million contract to construct a 1500 MW natural gas-fired combined cycle power plant in Brazil.

The board of directors of Höegh LNG Partners LP has declared a quarterly cash distribution with respect to the 3Q16 of US$0.4125 per unit.