Tagged Russia

Russia’s Gazprom hit hard in first quarter

Rate this article By Mirza Duran Russian gas giant Gazprom posted a net loss in the first quarter of this […] The post Russia’s Gazprom hit hard in first quarter appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Novatek posts lower quarterly production, sales

Rate this article By Mirza Duran Russia’s largest independent natural gas and LNG producer Novatek reported a decline in both production and sales in the second quarter of this year. Image: Novatek Novatek said Monday its natural gas production declined by 2.2 percent year-on-year to 18.5 billion cubic metres. The Russian company’s total production of…

GTT nets Zvezda order for five Arc7 LNG carriers

Rate this article By Mirza Duran France’s GTT has won an order from Russia’s Zvezda shipyard for the tank design of five ARC7 ice-breaking LNG carriers. Image: Zvezda Shipbuilding Complex The LNG containment specialist said Zvezda awarded the deal at the end of June on behalf of a Russian shipowner. This represents the first order…

GTT, Zvezda join forces to build Russian LNG carriers

Rate this article By Mirza Duran French containment specialist GTT said Thursday it signed a deal with Russia’s Zvezda shipyard to partner up on the construction of LNG carriers. Image: Zvezda Shipbuilding Complex The technical assistance and license deal will allow Zvezda to build ARC7 ice-breaking LNG carriers fitted with GTT’s containment system. According to…

Tokyo Gas, Hiroshima Gas, get first joint LNG cargo

Rate this article By Adnan Bajic Japanese utility Tokyo Gas has received the first commingling LNG cargo with its compatriot Hiroshima Gas at the latter’s Hatsukaichi LNG terminal. Courtesy of Tokyo Gas The cargo was transported by Tokyo LNG Tanker, Tokyo Gas noted in its statement. It is the first commingling LNG cargo based on…

Sakhalin Energy shuts one LNG train for maintenance

Rate this article By Mirza Duran Russia’s Sakhalin Energy has closed only one LNG train at the Gazprom-operated Sakhalin-2 facility […] The post Sakhalin Energy shuts one LNG train for maintenance appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

Novatek’s Arctic LNG 2 project 19 pct complete

Rate this article By Mirza Duran Russia’s Novatek is pushing ahead with the construction of its second Arctic liquefied natural gas export project despite the Covid-19 coronavirus pandemic. Image courtesy of Novatek The project located on the Gydan peninsula includes the construction of three LNG trains with a capacity of 6.6 million tonnes per year,…

OPEC+ extends output cuts in push to tighten oil market

Rate this article By Nermina Kulovic OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month. The post OPEC+ extends output cuts in push to tighten oil… … Read Full Article Here For more great articles: Offshore Energy Today

Russian LNG-fueled Aframax tanker ready for sea trials

Rate this article By Adnan Bajic The first Russian Aframax tanker, the LNG-fueled Vladimir Monomakh is ready to start sea trials. Courtesy of Zvezda Shipbuilding Complex The vessel, designed to transport oil in unrestricted navigation, was launched at the Zvezda Shipyard at the start of May. Sea trials will include checking the reliability and vital…

Mammoet bags Arctic LNG 2 job

Rate this article By Adnan Bajic Heavy lifting specialist Mammoet has been contracted to provide unloading, transportation and installation services for the Arctic LNG 2 project. Courtesy of Mammoet The company has been engaged by the Technip-led joint venture NovArtic. Mammoet said that within four years it will carry out over half a million tonnes’…