
SCF Group signs US$260 million loan agreement with VTB Bank
PAO Sovcomflot has signed a 13-year loan agreement with VTB Bank worth US$260 million to help finance the construction of an Arctic LNG tanker for the Yamal LNG project.
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PAO Sovcomflot has signed a 13-year loan agreement with VTB Bank worth US$260 million to help finance the construction of an Arctic LNG tanker for the Yamal LNG project.

Novatek has entered a strategic cooperation agreement with Nuovo Pignone, covering the development of Russia’s oil and gas industry and Novatek’s LNG projects.

Cheniere Energy has withdrawn its application to construct LNG truck loading facilities at the Sabine Pass LNG terminal.

GasLog Ltd has announced that it has launched a US$1.05 billion debt financing with multiple international banks in order to refinance six legacy facilities.

TMEIC has reported their latest medium voltage drive, the TMdrive-MVe2, is now manufactured in the USA and is certified to UL and CSA standards.

According to Reuters, PGNiG has confirmed that it is not planning on purchasing any LNG spot cargoes in July 2016 through its new 3 billion zloty terminal in Swinoujscie, Poland.

GlobalData’s latest report suggests that North America will drive liquefaction capacity growth in the LNG industry.

Emco Wheaton Houston has announced the promotion of Hector Ornelas to Engineering Supervisor.

Mokveld Valves BV has commissioned two new test bunkers for testing critical, high-quality valve systems.

BigRoll Shipping has announced that it has received the BigRoll Bering vessel from Cosco Dalian Shipyard Co. Ltd for use in the Yamal LNG project.

Gazprom, Linde, Power Machines and Salavatneftemash have signed an Agreement of Intent to produce LNG equipment in Russia.

Golar LNG and Stonepeak have entered into a joint venture to launch Golar Power.