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Korea’s gas player taps Singapore’s Trafigura for LNG offtake

Trafigura, a Singapore-headquartered commodities group, has secured a multi-year deal to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company, said to be one of the world’s largest importers of LNG. The post Korea’s gas player taps Singapore’s Trafigura for LNG offtake appeared first on Offshore Energy.

New unit ready to complete FLNG pair at Eni’s Congolese project

Italy’s energy giant Eni and China-based Wison New Energies have held the sailaway ceremony for the floating liquefied natural gas (FLNG) facility the latter is building for the former’s LNG development offshore Congo.  The post New unit ready to complete FLNG pair at Eni’s Congolese project appeared first on Offshore Energy.

Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus to jointly help revitalize US maritime capabilities

South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime. The post Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus to jointly help revitalize US maritime capabilities appeared first on Offshore Energy.

Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alaska is moving its first oil timeline forward to hit this milestone sooner than anticipated. The post Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas appeared first on Offshore Energy.