Offshore
Golar LNG to split into two
John Fredriksen’s Golar LNG has revived plans to split itself in two as a means of enhancing shareholder value. Golar said the objective of the restructuring would be to separate out the company’s project development activities and the vessel...
2009-06-01 07:38:05
Kogas acquires 10% stake in Blue Energy
Korea Gas, the world’s single largest buyer of liquefied natural gas, is taking a 10% stake in Australian coal-seam gas explorer Blue Energy as the first step towards establishing a “strategic partnership.” Kogas has also been granted an option...
2009-06-01 07:34:03
Drydocks World opens new FPSO quays
Drydocks World-Dubai reported that it recently added two new berths to its UAE facility, increasing its Floating Production, Storage and Offloading (FPSO) conversion capacity by two vessels per year. The new FPSO Quay is located on the lee face o...
2009-06-01 07:08:57
BG builds LNG carriers with CNOOC
BG Group PLC plans to join forces with China's CNOOC Ltd. (CEO) to build a pair of ships to transport liquefied natural gas to China, a BG executive said recently. "We will be joining a consortium to build two LNG ships," Mehmet Ogutcu told Dow Jones...
2009-06-01 07:05:25
P-LNG tenders kick off
A large-scale deal to procure LNG carriers, long suspended, will set into motion shortly. According to several informed sources, an LNG export project spearheaded by ExxonMobil of the U.S. in Papua New Guinea (PNG) will invite an international tender...
2009-06-01 07:02:17
FSRU sails for Brazil
The world second FSRU "Golar Winter" departs for Brazil Golar Winter, Golar’s newly converted FSRU, sets out from Keppel shipyard 26th May. It’s Petrobras’ second FSRU and sister to Golar Spirit – both classed by DNV. Petrobras’...
2009-05-28 10:47:04
Push towards Flex LNG first
The world’s first floating liquefaction plant could be in operation within three years although the technology’s proponents admit there are still technical, commercial and other challenges to be overcome. Operators such as ConocoPhillips and ...
2009-05-28 10:25:31
Chinese LNG carrier ambitions
After years of promise, China’s liquefied natural gas carrier building ambitions might get the much needed shot in the arm they need over the next year or so. With just five domestically built LNG carriers either in service or on order, China ha...
2009-05-28 07:48:54
LNG portfolios to grow
Officials from major Asian LNG carrier shipyards at Gastech 2009 have told ArabianOilandGas.com that while 2009 has been a quiet year so far, they are confident that 2010 will see an upturn in orders, especially from clients looking for floating stor...
2009-05-28 07:05:28
LR issues new guidance for LNG containment systems
Lloyd’s Register has published a new guidance document for the design of membrane-technology liquefied natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces. It is the result of a ...
2009-05-27 07:47:09
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