Saturday 18 April 2015
 
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LNG

Marine propulsion engines market to hit $11bn

The global marine propulsion engines market is expected to hit $10.95 billion by 2020, growing at CAGR of 4.2 per cent over the next five years, according to a new study. The shift towards liquefied natural gas (LNG) propulsion wi

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Yemen LNG shuts one production train amid worsened security

Fighting in Yemen is scaring off shippers, forcing the country's liquefied natural gas (LNG) export plant to take one of its production plants, or trains, off line, three sources with knowledge of the matter said.  

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Deepwater spend to total $210bn by 2019

Deepwater expenditure is expected to increase by 69 per cent, compared to the preceding five-year period, totalling $210 billion from 2015 to 2019, a report said. As production from mature basins onshore and in shallow water decli

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Qatargas to restart LNG Train 4 late March

Qatargas has shut down one of its liquefied natural gas (LNG) production plants, known as Train 4, for planned maintenance and expects output to resume around March 25, two sources with knowledge of the matter said. The 7.8-millio

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Egypt expects LNG deals with Shell, Total

Egypt expects to agree additional liquefied natural gas (LNG) import deals with Shell and Total and is close to paying BG Group more for the gas it produces offshore, its oil minister said. Sherif Ismail outlined several measures

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Nakilat Q4 profit rises 14pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, reported a 14 per cent rise in fourth-quarter net profit on Thursday. Nakilat made a profit of QR201.6 million ($55.4 million

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Nakilat Q4 profit rises 14pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, reported a 14 per cent rise in fourth-quarter net profit on Thursday. Nakilat made a profit of QR201.6 million ($55.4 million

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Qatargas, Pakistan close to 15-year LNG deal

State-run Qatargas is in the final stages of talks on a deal to supply Pakistan with 3 million tonnes of liquefied natural gas annually for 15 years, industry sources in Doha told Reuters on Wednesday. "The deal to supply Pak

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Noble Energy to supply Egypt with 7 LNG cargoes

Noble Energy will supply Egypt with seven LNG cargoes under a two-year deal that begins in April, the oil ministry said on Tuesday. Once a gas exporter, Egypt is undergoing its worst energy crisis in decades, with rising consumpti

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Yemen LNG exports ongoing, 1 production train in maintenance

Yemeni exports of liquefied natural gas (LNG) are running as normal despite one production plant, or train, undergoing planned maintenance, Total CEO Patrick Pouyanne said. "In Yemen operations are running smoothly, gas is be

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