LNG

During a meeting on 29 March 2018, the Board of Directors of EXMAR reviewed the results for the year ending 31 December 2017.

China’s desire for LNG is growing and China Energy Reserve and Chemicals Group is working with FortisBC to export Canadian LNG to help meet that demand.

OLT Offshore LNG Toscana has signed a regulatory agreement with Gestore Mercati Energetici.

Total announces first gas from the Timimoun field in southwestern Algeria.

Volga-Dnepr Airlines has performed two flights from Novy Urengoy to Sabetta in Russia delivering 130 t of industrial equipment for Yamal LNG.

Quorum Software announced record-high adoption and deployment rates for its cloud-based myQuorum Land On Demand software.

Updated information setting out good practice in designing against fire and explosions on offshore installations has been published by Oil & Gas UK.

Conrad Industries, Inc. has announced its Q4 and 12 month results and backlog for 2017.

GlobalData suggests that over US$811 billion will be spent on 615 upcoming oil and gas fields between 2018 and 2025.

Visiongain has calculated that the LNG Carrier market will see a capital expenditure (CAPEX) of US$11.2 billion in 2018.

Alfa Laval has won an order to supply Framo pumping systems with a FLNG vessel to be built in South Korea.

Bank of China and Goldman Sachs will assist AGDC with raising equity and debt financing for the development of Alaska LNG.

Uyeno Transtech Ltd., Sumitomo Corporation, and Yokohama-Kawasaki International Port Corporation have concluded a memorandum on conducting a joint study on ship-to-ship LNG bunkering.

Brazil’s LNG imports sank 75% as production jumped.

WinGD and Wärtsilä Gas Systems have successfully tested a NG-VOC fuel mix for the WinGD X-DF engine.