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LNG

Total signs MOU with the State of Papua New Guinea

Total has signed a Memorandum of Understanding with the State of Papua New Guinea on the key terms of the gas agreement of the Papua LNG project and launches engineering studies.

 
 

SCF Group concludes credit facility that will fund LNG carrier

Sovcomflot has announced that it has signed a new US$149 million credit facility for a period of up to 10 years with a consortium of three international banks: ING Bank N.V.; KfW IPEX-Bank GmbH; and Crédit Agricole Corporate and Investment Bank.

 
 

Teekay LNG Partners reports 3Q18 results

Teekay GP LLC., the general partner of Teekay LNG Partners L.P. has reported the partnership’s results for the quarter ended 30 September 2018.

 
 
 
 
 
 

Pakistan threatens to re-open LNG deals

Pakistan is at risk of losing foreign investment in its LNG industry as it contemplates the renegotiation of two LNG terminal contracts.

 

BHGE and GE announce series of long-term agreements

Baker Hughes, a GE company (BHGE) and General Electric Company (GE) have announced that they have entered into a series of long-term agreements that amend the commercial and technological relationships between the two companies.

 
 

Avenir LNG private placement complete

Avenir LNG has announced that the first step in its capitalisation, a private placement of 110 million new shares, has been successfully completed.

 

ABB signs breakthrough contract for marine automation in China

ABB has been awarded its first marine automation system contract for a cruise ferry in China, after the technology package for the Chinese-built Viking Line vessel has been extended to include the ABB Ability System 800xA.