Daily Archives: July 17, 2020

Titan’s bio-LNG project gets EU backing

By Adnan Bajic Titan LNG, a Dutch supplier of LNG to the marine and industrial markets in Europe, has secured funding for its bio-LNG project. Courtesy of Titan LNG The company said on Friday it has received €11 million ($12.57 million) from the European Union through the Connecting Europe Facility (CEF). Titan LNG noted that…

BOEM proposes 78.8 million-acre Gulf of Mexico lease sale

By Bojan Lepic The U.S. Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for November 2020. The post BOEM proposes 78.8 million-acre Gulf of Mexico… … Read Full Article Here For more great articles: Offshore Energy Today

GAIL to swap U.S. LNG cargoes for delivery in 2022

By Adnan Bajic State-run gas company GAIL (India) is reportedly looking to swap a number LNG cargoes set for loading in the United States. Courtesy of GAIL Citing industry sources, Reuters reports the company has issued a swap tender for the U.S. cargoes and is seeking cargoes for delivery into India in 2022. According to…

EnergyQuest: Australian FY2020 LNG revenue down, exports up

By Adnan Bajic The revenue of Australian LNG exports slipped during the financial year 2020. This was despite stable oil prices in terms of the Australian dollar and rising volumes. Courtesy of Woodside Energy consultancy EnergyQuest noted that the total LNG export revenue is at $47.9 billion. This was down by $1.5 billion from the…

Climate change targets on OGCI, Shell, and Biden’s menu

By Bojan Lepic The Oil and Gas Climate Initiative (OGCI) has revealed a target to reduce the collective average carbon intensity of member companies’ aggregated upstream oil and gas operations to between 20 and 21… … Read Full Article Here For more great articles: Offshore Energy Today

GasLog takes newbuild LNG tanker delivery, agrees $1 bln refinancing

By Adnan Bajic Greece-based LNG shipping company GasLog has taken delivery of GasLog Westminster from the South Korean Samsung Heavy Industries shipyard. Courtesy of GasLog The vessel has a 180,000 cubic meter cargo capacity and features X-DF propulsion and Mark III Flex containment system. GasLog noted in its statement that the LNG tanker was delivered…