In this issue

 

Plans include fuel for shipping and onshore transport in the Pilbara region

Our Asia-Pacific editor

Australian liquefied natural gas producer Woodside Energy is planning to help the growth of a market for LNG as a fuel for shipping and onshore transport and is targeting the Pilbara region of Western Australia because mining companies use billions of litres of replaceable diesel and heavy fuel oil for their operations. 

Our North America editor in New York

Royal Dutch Shell Chief Executive Ben van Beurden said expansion of natural gas and LNG activities would be one of his company’s key contributions to reducing greenhouse-gas emissions. 

Our North American editor in New York

Tellurian Inc., the developer of the Driftwood LNG project in Louisiana and whose Chairman is former Cheniere Energy Chief Executive Charif Souki, has issued a prospectus for a proposal to sell shares on the Nasdaq Capital Markets stock exchange valued at up to $200 million. 

The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner is following the trend for large liquefaction projects on the Gulf Coast to list on the stock exchange by setting up a merger with a listed firm. 

Our Europe editor

Gasunie, the Dutch natural gas company and Rotterdam LNG import terminal co-owner, said profits plunged because of an impairment linked to a regulatory ruling as revenues also declined amid more small-scale LNG shipments and low-calorific conversion of pipeline gas because of the cap on Groningen field production. 

US shipping line Crowley Maritime Corp. and project development and supply company Eagle LNG Partners said they had begun construction of a new liquefied natural gas fueling facility in Florida. 

US trucking and parcel delivery company UPS said it planned to add 50 liquefied natural gas vehicles to its alternative fuel fleet as part of new investments of more than $90 million in natural gas transportation and fueling stations. 

Our Europe editor

Wood Group, the UK energy services company based in Aberdeen, has reached an agreement to take over the London-listed energy and LNG project engineering company Amec Foster Wheeler in an all-share deal valued at more than 2.25 billion pounds ($2.75Bln). 

Our Middle East editor

Qatar Gas Transport Co., the Qatar LNG carrier operator also known as Nakilat, gave an upbeat message at its annual meeting in the Qatari capital Doha as it continued the process of taking back all its vessels from the operatorship of the Shell shipping unit and posted an annual net profit of 955 million Qatari riyals ($262M). 

Oil Search, a stakeholder in the Papua New Guinea LNG plant and the joint venture planning its expansion, has released mixed results from the latest field drilling for additional feed-gas resources onshore the Oceania nation. 

The Myanmar government is planning an international tender during the second quarter for the Asian nation to acquire its first LNG import facility in the form of a floating storage and regasification unit. 

Our North America editor in New York

The Canadian province of British Columbia still holds out hope of developing a liquefied natural gas industry while welcoming plans by pipeline company TransCanada to ship its gas to cities like Toronto and to compete in the US for now instead of shipping LNG cargoes to Shanghai and Tokyo. 

Ineos, one of the largest global chemical companies and the importer of the first US shale-gas cargo into the UK, is now broadening its presence in British shale gas exploration to lessen its future reliance on imports. 

Our Asia-Pacific editor

Australian engineering company WorleyParsons, whose past projects have included working on the Singapore LNG import terminal and liquefaction plants in Western Australia such as Wheatstone LNG, has signed a long-term, multi-regional agreement with Chevron for engineering and procurement services. 

News Nudges

Chiyoda names new CEO

Chiyoda Corp. of Japan, one of the world’s leading LNG engineering and construction companies, has overhauled its senior management after the losses and poor performance prompted by its Emas Chiyoda subsea business acquisition. Senior Executive Vice President Masaji Santo has been named as President and Chief Executive and Katsuo Nagasaka, who is currently a director and Senior Vice President, has been named executive Chairman. Senior Vice President Hirotsugu Hayashi has been appointed as the new Chief Financial Officer.


Qatargas adds to Poland deal

Qatargas has concluded a side deal alongside an existing sales agreement with Polish Oil and Gas Co. Under the additional accord, Qatargas will increase the volume of LNG currently supplied to Poland to 2 million tonnes per annum. The new agreement will come into effect in January 2018 and will run until June 2034. The LNG will be supplied from the Qatargas Train 3, a joint venture between Qatar Petroleum, ConocoPhillips, and Mitsui & Co. of Japan. The cargoes will be delivered on board Q-Flex LNG vessels to the Swinoujscie import terminal on the Baltic coast of Poland.


US LNG ship approval

The American Bureau of Shipping, the US classification society, has granted Approval in Principle for the Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers Ltd. of Nassau in the Bahamas. The design has the capability to accommodate multiple engine types as well as Type-C or membrane containment systems for LNG fuels.