Archive | October, 2019

Baker Hughes Buoyed by USLNG

Offshore, LNG Buoy Baker Hughes in Third Quarter (Chron, Subscription) Sergio Chapa (Oct. 30): In an early Wed. (Oct. 30) morning statement, Baker Hughes reported posting a $57 million profit for shareholders on nearly $5.9 billion of revenue during the third quarter. The figures were higher compared to the $13 million net income for shareholders […]

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Categories: Baker Hughes

Delfin Annoucements

Partners with Samsung Heavy Industries and Black & Veatch Delfin Midstream initiated cooperation with Samsung Heavy Industries (SHI) and Black & Veatch in Q4 2018 and successfully completed a pre-FEED study for a new build floating LNG (FLNG) vessel in H1 2019. In parallel the parties have been developing a term sheet for a lump-sum, […]

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Categories: Delfin

Mubadala Invests in NextDecade

Mubadala Makes U.S.$50 Million Investment (News Release) NextDecade Corp. and Mubadala Investment Co., the Abu Dhabi-based sovereign investor, have reached agreement for Mubadala to purchase U.S.$50 million of NextDecade’s common stock in a private placement… at a price of U.S.$6.27 per share. Link to Content

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Categories: NextDecade

Cameron LNG Dedicated

Dedication Ceremony Held in Hackberry Louisiana Gov. John Bel Edwards and CEO Farhad Ahrabi of Cameron LNG dedicated the Cameron LNG liquefaction and export facility in Cameron Parish yesterday (Oct. 24). Cameron LNG became the second Louisiana company to export LNG to international destinations earlier this year. Also participating in the event with several hundred […]

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Categories: Cameron LNG

Annova Supports Ocelots

Pledges 1,400 Acres for Ocelot Conservation (Chron, Subscription) Sergio Chapa (Oct. 23): The U.S. Fish & Wildlife Service gave a nod of approval to Annova LNG’s proposed 6 mtpa project after Annova pledged to set aside more than 1,400 acres of land and enact other measures to help preserve the endangered ocelot and jaguarundi. The […]

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Categories: Annova LNG

Qilak LNG Project Announced in Alaska

Gas from North Slope to Asia on Ice-Breaking Tankers (Alaska Public Media) Wesley Early (Oct. 23): A new company headed by former Alaska Lt. Governor Mead Treadwell announced Wed. (Oct. 23) that it wants to ship LNG from the North Slope to Asian markets. Qilak LNG plans to partner with Exxon to ship LNG on […]

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Categories: Qilak

Dominion Cove Point Equity Sold

 Dominion Energy Announces Equity Recapitalization of Cove Point Dominion Energy has entered into an agreement with Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management (Brookfield), in which the company will transfer a 25% non-controlling equity interest in Cove Point to Brookfield in exchange for cash consideration of just over $2 billion, […]

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Categories: Dominion Cove Point

Commonwealth LNG Gets FERC Schedule

Agency Outlines Schedule of Review Commonwealth LNG announced Mon. (Oct. 21) that FERC has outlined an environmental review schedule for the project. FERC plans to issue a draft Environmental Impact Statement (DEIS) for the 8.4 mtpa project in May 2020, followed by a final EIS in October 2020. That would put the deadline for a […]

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Categories: Commonwealth LNG, FERC

Cameron Train Two Commissioning

Train 2 Cleared by FERC for Commissioning FERC has given the greenlight for certain initial commissioning activities to begin at Train 2 of the Cameron LNG project in Hackberry, Louisiana. The FERC permit for the variance request is “related to the commissioning procedures for the Train 2 MR and PR gas turbine solo runs, and […]

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Categories: FERC, Mitsui, Sempra LNG, Total

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