LNG

Wood Mackenzie has released a statement claiming that the oil market rout could boost Asia’s demand for gas.

PGNiG Group has reported revenue of more than PLN 42 billion and PLN 1.37 billion in profit for 2019.

Santos agrees to sell a 25% interest stake in Darwin LNG and Bayu-Undan to SK E&S.

GTT North America, a subsidiary of GTT S.A., has signed a five-year global technical services agreement with Excelerate Energy L.P.

Island Offshore has signed multiple long-term contracts with Lundin Norway for its LNG-fuelled platform supply vessels.

MAN Energy Solutions has secured an order to supply the engines for an LNG-fuelled shuttle ferry newbuild for Estonia’s Tallink Grupp.

Golar LNG Ltd. has appointed Callum Mitchell-Thomson as its new Chief Financial Officer.

Pavilion Energy Pte Ltd has announced that it has signed a five-year agreement with Singapore LNG Corp. Pte Ltd for LNG storage and reload services at the SLNG Terminal on Jurong Island.

McDermott International has announced that Train 3 of the Freeport LNG project on Quintana Island in Freeport, Texas, has reached the final commissioning stage.

The Korean Register has granted AIP to verify the suitability of an LNG dual-fuel propulsion car carrier developed by Hyundai Heavy Industries.

Prices for LNG spot cargoes delivered to Japan in February reached record lows due to the impact of coronavirus, oversupply and mild weather on demand.

The organisers of the third biennial Asia Turbomachinery & Pump Symposium have announced that, in response to the global coronavirus outbreak, the event has been postponed to 4 – 6 August 2020.

AB Klaipedos nafta has concluded a loan agreement with Nordic Investment Bank with the intention of financing the acquisition of an FSRU.

NV5 Global, Inc. has won a US$6.2 million contract to provide engineering, procurement and construction services for the upgrade of the boil-off gas compression system at an LNG peak-shaving facility in Pennsylvania, US.

Mexico Pacific Ltd LLC, an LNG export project based on the West Coast of Mexico, has announced that it has awarded a front-end engineering design contract to Technip USA.