Engie to weather LNG oversupply with long-term deals
Engie expects to weather festering oversupply in markets for LNG with long-term deals beginning in the next couple of years.
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Engie expects to weather festering oversupply in markets for LNG with long-term deals beginning in the next couple of years.
The US has looked at boosting its LNG exports for years, since drilling advances vastly expanded its domestic supplies.
Japan's anti-monopoly regulator ruled that all new contracts for LNG should not contain restrictions on reselling cargoes of the fuel.
Mitsui O.S.K. Lines Ltd has announced that it has signed a long-term charter contract for four 174 000 m3 LNG carriers.
Crowley Maritime Corp. has announced that it has signed an agreement with ExxonMobil and Eagle LNG Partners LLC to collaborate on the development of LNG as a marine fuel.
Work is part of a five-year service agreement awarded to the Malaysian company last year.
MacGregor has reached an agreement with ESL Shipping Oy to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes.
Shell is studying how it might convert coal users in the western Indian city of Surat.
GE Oil & Gas has announced that it has signed a long-term agreement to collaborate with EEA on the offshore Mozambique developments that it operates.
Japan's anti-monopoly regulator has announced that all new contracts for LNG must not contain restrictions on the resale of cargoes of the fuel.
Wood Group has secured a front end engineering and design contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System, located offshore Greece.
Golar LNG Ltd's stock ended 19 June's session 1.53% lower at US$21.24.