LNG

Petronas announced last month that it was pulling out of the project.

PGNiG expects to sign short and mid term contracts for LNG by mid 2018 to take advantage of an expected supply glut.

Teekay Offshore has announced the contract signing for two Suezmax-size DP2 shuttle tanker newbuildings, with options to order up to two further vessels.

The LNG carrier market has been highly cyclical and is often driven by global macroeconomic events.

Avant Energy has announced that the doors of a new power generation facility in Minnesota, US, have been opened to the public.

Norsafe has announced it has secured its largest ever offshore contract to provide lifesaving appliances for ENI’s Coral South floating LNG unit.

Gunvor looks to edge out rivals bidding for supply from Africa's first deepwater FLNG plant.

Statoil has announced that, alongside partners OMV and Petoro, it has made a small gas discovery in the Gemini North well, located northeast of the Wisting discovery in the Barents Sea.

Buyers of long-term LNG contracts have not asked Japan's Inpex Corporation to revise their destination clauses.

Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play.

Sempra Energy has reported Q2 2017 earnings of US$259 million.

SRG Ltd has announced that it has won a contract for the provision of specialist contracting services for eight new LNG tanks in Kuwait.

Inpex Corporation expects gas production from the seabed for its offshore Ichthys LNG project to start from around the end of the year.

Hyundai Heavy Industries have chosen Martek Marine for their EVOLUTION emissions monitoring systems.

Indian Oil Corp has announced that it is in talks with its partners to search for an alternative, cheaper site for the Pacific Northwest LNG terminal.