Teekay LNG Partners L.P. and its joint venture partner Marubeni Corporation have agreed to acquire ownership interests in eight LNG carriers from Denmark-based, A.P. Moller-Maersk A/S, for approximately US$ 1.4 billion.
Bureau Veritas is extending its partnerships in the Russian shipping and offshore sector, focussing on High Arctic offshore projects.
Hyundai Heavy Industries, the world’s biggest shipbuilder, today won an US$ 400 million order to build two 155,000 cubic metre LNG carriers for Singapore-based BW Maritime.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.
Pivotal LNG, a subsidiary of AGL Resources Inc., has signed an agreement with Encana Natural Gas Inc., to supply LNG that Encana plans to offer to service providers operating fleet trucks in the Haynesville area of Louisiana.
Demand for subsea vessels is projected to make a strong recovery as confidence returns to the industry and more deepwater projects are sanctioned.
A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.
The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.
Cedigaz, the International Association for Natural Gas, has predicted that the world LNG trade will bounce back in 2011 and there will be little excess, in spite of new capacity additions.
Wärtsilä has been awarded a five-year technical management contract by Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipping, covering six LNG carriers.
Qatargas is to supply Argentina’s ENERSa with 5 million tpa of LNG for 20 years, beginning in 2014.
A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities.
Chris Holmes, Purvin & Gertz, describes the impact of the Great East Japan earthquake on the LNG supply to Europe.
Hyundai Heavy Industries, the world’s biggest shipbuilder, has clinched a US$ 500 million order to build the world’s first two new LNG FSRU for Hoegh LNG.
Qatargas has delivered its first ever LNG cargo to Thailand. The cargo was delivered to the Map Ta Phut LNG terminal by the LNG carrier Golar Viking.