Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built at Hanwha Ocean in South Korea…
Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG)…
Van Oord has successfully completed the construction of the floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany for its client Deutsche Energy Terminal (DET).The project was managed by FSRU Wilhelmshaven, a joint venture between ENGIE and TES…
Egypt is considering adding a new Floating Storage Regasification Unit (FSRU) to its port facilities at Ain Sokhna to increase import capacity, according to a petroleum ministry statement.The ministry is also considering adjusting Egypt's two…
Turkey is interested in an offer from Tripoli to carry out energy exploration offshore Libya, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.'Libya has offered to us to work with our seismic vessels offshore. Frankly, we are warm to this…
Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has selected IKM Engineering & Environmental Consultants (IKM) as its partner for the design and engineering of a floating LNG import terminal in the Firth of Forth…
Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt…
Bangladesh's Summit LNG has paused operations at its floating storage and regasification unit (FSRU) in Moheshkhali after it was hit by a stray pontoon during a cyclone on May 27, the company said in a statement to Reuters on Friday.'There was damage to the ballast water tank of the FSRU…
Mitsui O.S.K. Lines (MOL) has signed a long-term time charter party agreement for one floating storage and regasification unit (FSRU) with the Polish gas transmission system operator Gaz-System, which is the developer and operator behind the future LNG terminal…
Italian offshore energy services firm Saipem has completed its work scope on the Gastrade’s liquefied natural gas (LNG) project offshore Greece, which is expected to strengthen the LNG supply in Southeastern Europe.Saipem’s work scope for Gastrade’s…
Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero)…
Maritime Developments (MDL) has assisted Saipem in progressing an LNG project offshore Greece, which included work on the connection of Gastrade’s Alexandroupolis floating storage regasification unit (FSRU) to the country’s gas transmission system…
Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s…
Egypt plans to issue a buy tender seeking 15-20 cargoes of liquefied natural gas (LNG) to cover heavy summer demand that had led to a wave of rolling blackouts and forced temporary shutdowns of chemical and fertilizers plants, four industry sources told Reuters…
Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…
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