A consortium of Boskalis and Allseas has been awarded a contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao. The total contract value is approximately €1.2bn ($1.39). This project […]
Hanwha Ocean said in its quarterly results on Tuesday that recovery in the newbuild market will be “driven by increased US LNG export projects and low shipyard pricing.” The shipbuilder said that a gradual increase […]
Baker Hughes announced on Tuesday that it will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion. Also, Baker Hughes has […]
Yemen’s Houthi rebels on Sunday declared an escalation in their maritime campaign, announcing they will now target any ships belonging to companies that do business with Israeli ports, regardless of flag, ownership, or destination. The […]
Petronet said in a stock exchange filing that its board accorded in-principle additional investment approval for setting up a 5 mtpa land-based LNG terminal from the earlier approval of a 4 mtpa FSRU-based LNG terminal […]
“The delayed start-up is due to challenges with a cooling compressor and a part that will have to be replaced,” the spokesperson said. “So the new start-up date is August 3,” the spokesperson added. Are […]
The DOE LNG monthly report shows that US terminals shipped 78.9 Bcf to the Netherlands (18.1 percent), 52 Bcf to France (11.9 percent), 32 Bcf to Italy (7.4 percent), 29.2 Bcf to Germany (6.7 percent), […]
Ventrue Global said on Monday that the transaction garnered “enormous” interest from the world’s leading banks, resulting in over $34 billion of commitments, and required no outside equity investment. According to the company, the lender […]
Economic Sense of Wind and Solar How in the world do you make “Economic Sense of Wind and Solar”? Is the question for the day? We have been told for years that wind and solar […]
BG International, an affiliate of Shell, will operate the field with a 60 percent stake alongside partner, Kufpec (Egypt) (40 percent), working in close collaboration with state-owned EGAS, according to Shell. Discovered in October 2023, […]
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