LNG news updates

Total has signed a pioneering agreement to charter its first two LNG-powered very large crude carriers (VLCCs).

ExxonMobil has announced that it will be reducing its 2020 CAPEX and Cash OPEX in response to low commodity prices resulting from oversupply and demand weakness caused by the COVID-19 pandemic.

AB Klaipedos Nafta has released its preliminary LNG revenue results for the March 2020.

The organiser of the Global Energy Show – dmg events – has announced that the event has been postponed due to the coronavirus pandemic.

Gimi MS Corp., a subsidiary of Golar LNG Ltd, has received written notification of a force majeure claim from BP Mauritania Investments, relating to the Greater Tortue Ahmeyim project.

Stephane Paquet, TechnipFMC Loading Systems, France, discusses the development of green, simple and cost-effective loading systems for LNG applications.

The organisers of the third biennial Asia Turbomachinery & Pump Symposium have announced that, due to the coronavirus pandemic, the event will be postponed to February 2021.

GTT has announced that Eric Dehouck has joined the company as deputy CEO.

The Board of Directors of Höegh LNG Holdings Ltd. has decided to take precautionary measures to preserve the company’s liquidity and reduce costs.

Lloyd’s Register has announced that it has signed a 55-month contract to support LNG Canada with the safe construction and delivery of a new LNG liquefaction and export terminal in Kitimat, British Columbia.

Jürgen Klöpffer is set to join the Executive Board of MAN Energy Solutions as its new Chief Financial Officer in June 2020.

Nauticor and Novatek are intending to cooperate on the development of small scale LNG supply infrastructure in the Baltic Sea.

AGA has completed the 2000th bunkering of Viking Line’s ‘Viking Grace’ LNG-fuelled cruise ferry.

Teekay LNG Partners has secured new LNG charters for two of its LNG carriers and refinanced its US$225 million unsecured credit facility.

Scottish ferry owner Caledonian Maritime Assets Ltd has ordered two innovative LNG bunkering facilities, both of which will be designed and delivered by KC LNG.

Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.

Cryopeak LNG Solutions has broken ground on a new small scale LNG production facility in Fort Nelson, BC.

Venture Global LNG, Inc. has announced the successful string test of the first Venture Global Calcasieu Pass mixed refrigerant compression system at Baker Hughes’ testing facility in Massa, Italy.

MAN Energy Solutions is reporting that its portfolio of two-stroke, dual-fuel engines has accumulated 1 million operating hours.

Höegh LNG Holdings Ltd. subsidiary Höegh LNG Ltd. has applied for an LNG infrastructure ownership, operations and development license in Cyprus.

ClassNK has announced that it has granted an approval in principle to Shin Kurushima Dockyard co. Ltd for their concept design 49 000 DWT LNG-fuelled chemical tanker.

Pavilion Energy is requesting that LNG suppliers contribute towards the development of an industry standard to measure LNG’s total GHG emissions.

CIMC Raffles has announced that it has formally started construction of a new LNG-powered 5,800 LM series MegaRoRo newbuilding.

HAM Group has announced that it has acquired 11 new Scania R 410 tractors to join its Transportes HAM fleet.