Höegh LNG has received $223m commitments for 65% bank financing of its latest FSRU, #7, slated for delivery in Q1 2017, as it focuses on the sector.
Höegh LNG is exiting the Floating LNG (FLNG) business to focus on Floating Storage Regasification Units (FSRUs).
Specialist offshore service contractor POSH Terasea has secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (FLNG) platform, the world’s largest offshore facility.
Shanghai-based Wison Offshore & Marine has secured an over RMB4bn ($631.3m) worth of credit from China Minsheng Bank to support its new order financing.
The energy markets including the LNG sector are going through difficult times and there is much uncertainty, even if the long-term future is a good one, was the message from senior executives speaking at Gastech 2015 Singapore.
The employment of Golar LNG’s first FLNG conversion has moved a major step closer with the final investment decision for the Cameroon project.
Hoegh LNG has narrowed its first half loss and stayed in the red even as it generated a profit in the second quarter on higher revenue.
Keppel Offshore & Marine (Keppel O&M) has contracted its third liquefaction facility conversion from Golar LNG, after the latter exercised the second of two options.
Golar LNG has has received a financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping.
Exmar is merging its LNG fleet with Flex LNG and John Fredriksen’s Geveran Trading to create Exmar LNG.