Major milestone for Goldboro LNG project

By Zlatan Hrvacevic Pieridae Energy Limited (Pieridae) has signed a services agreement with respected global engineering firm Bechtel related to Pieridae’s 2-Train Goldboro LNG Facility. Some of the key deliverables in the services agreement are: Initiating a detailed review of the scope and design of the Goldboro LNG Facility and developing a comprehensive engineering, procurement,…

Six One Commodities expands footprint to Europe

By Zlatan Hrvacevic Six One Commodities LLC (61C) today announced that it is expanding its power and gas business to Europe with the addition of a power team out of Berlin lead by Ingo Klause. Mr. Klause has over 20 years of experience in the CWE region for power trading. He worked for the Swedish…

Valaris gains access to additional liquidity

By Nermina Kulovic Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process. The post… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Centrica inks long-term LNG supply deal with Shenergy

By Zlatan Hrvacevic Centrica plc, a global energy and services company, has announced the signing of a long-term LNG supply deal with Shenergy Group Company Limited (Shenergy). According to the release, Centrica agreed a binding 15-year Sales and Purchase Agreement (SPA) to supply 0.5 million tonnes per annum (MTPA) of Liquefied Natural Gas (LNG) to…

Equinor makes oil and gas discovery in North Sea

By Nermina Kulovic Norwegian oil and gas giant Equinor has made an oil and gas discovery near the Fram field in the North Sea offshore Norway. The post Equinor makes oil and gas discovery in North Sea appeared first… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Excelerate’s FSRU Experience breaks send-out capacity record

By Bojan Lepic Provider of floating storage and regasification units (FSRUs) Excelerate Energy has reached a record-breaking send-out capacity of 1.06 billion cubic feet (bcf) of natural gas on its FSRU Experience. Excelerate said that the 1.06 bcf send-out capacity was reached on September 16. According to the company, the capacity was an industry record….

Petronet LNG buys spot cargo for November delivery

By Bojan Lepic India’s largest importer of liquefied natural gas Petronet LNG has bought an LNG spot cargo for November under the Platts West India Marker (WIM). S&P Global Platts, the provider of information and benchmark prices for the commodities and energy markets, said on Tuesday that the LNG cargo would be delivered to Petronet’s…