Gas
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GasLog Partners aims to raise $54m in public offering
GasLog Partners is to sell 2.75m of its common units in a public offering at a price of $19.50 per…
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Petrofac not implicated in Unaoil corruption scandal, investigators confirm
An independent investigation has confirmed that no bribes were ever paid by Petrofac to Unaoil, the Monaco-based oil trader raided…
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Depressed VLGC owners are ‘running out of ideas’
VLGC owners are “running out of ideas” about how best to cope with the current depressed market, Clarksons Research details…
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Coastal Contracts buys into Indonesian LNG market
Malaysian offshore service provider Coastal Contracts has entered into a binding memorandum of understanding to acquire 215 ordinary shares in…
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LNG market needs more vessels than currently on order: Drewry
Despite the current weakness in LNG shipping rates, consultants Drewry maintains its bullish long-term outlook for LNG shipping and believes…
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DOF Subsea wins support contract for Shell’s Prelude project
Shell Australia has awarded DOF Subsea with a five-year contract to provide a full-time underwater services and a multi-purpose supply…
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First export of ethane from US Gulf Coast planned for August
Houston, Texas-based midstream company Enterprise Products Partners announced on Thursday that in August it will export a load of ethane,…
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First LNG transit along newly expanded Panama Canal
Yesterday, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its…
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Financing fixed for innovative new Japanese LNG carrier
An innovative new LNG ship has received financing and will be built at Imabari Shipbuilding. Japan Bank for International Cooperation…
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Golar and Schlumberger formalise OneLNG joint venture
Golar LNG and Schlumberger have formalised their cooperation in ‘low-cost’ LNG production by forming a joint venture (JV) called OneLNG,…
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MOL moves ahead with Uruguay FSRU project
A subsidiary of Mitsui OSK Lines (MOL) called Lakler has officially agreed to conclude a long-term charter contract with Gas…
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Samsung Heavy linked to giant Indian FSRU contract
A report out by Seoul-based Hi Investment & Securities suggests Samsung Heavy Industries (SHI) is on the cusp of winning…
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Fishing vessel collides with Exmar LPG carrier at Le Havre
A French fishing vessel reportedly collided with a laden LPG carrier anchored outside Le Havre at around 02:10hrs local time…
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Final investment decision on LNG Canada is postponed
Multinational partners in an LNG Canada project, with its planned terminal in British Columbia, have put off indefinitely a final…
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MOL gas carrier sale shows declining asset values
Dire rates for LPG carriers have wiped millions of dollars off vessel values over the past six months, data shows.…
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Petronet LNG eyes Bangladesh and Sri Lanka terminals
India’s Petronet LNG has laid out expansion plans that will see around $3bn spent over the next five years, including…
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GasLog fixes VLGC newbuilding to Total on long-term charter
Total Gas & Power Chartering has fixed a GasLog VLGC newbuilding on a seven-year timecharter, commencing when the ship is…
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Saipem wins contract to develop ‘supergiant’ gas field in Egypt
Saipem has won the field development contract for the “supergiant” Zohr gas field, located in Egyptian waters in the Mediterranean…
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Keppel and Shell form LNG bunkering joint venture in Singapore
A 50:50 joint-venture (JV) company has been formed between subsidiaries of Keppel Offshore & Marine and Royal Dutch Shell that…
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Golar Power deal helps fully finance FSRU projects
Golar LNG has completed the sale of a 50% interest in Golar Power to private equity firm Stonepeak Infrastructure Partners…
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