Jumbo Offshore widens Middle East operations

On 1 February Jumbo Offshore and Sea Horizon Offshore Marine Services signed a memorandum of understanding (MoU). With this agreement, Sea Horizon Offshore becomes the representative of Jumbo Offshore in the Middle East region. Increased regional support Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in

NYK strikes long-term LNG charter deal with Sinopec

Japanese shipowner Nippon Yusen Kaisha (NYK) has landed a long-term LNG charter deal with China Petroleum & Chemical Corporation (Sinopec). The contract will see NYK ship LNG to China for up to 23 years, beginning in 2024 or later. No further details have been disclosed. Sinopec has been working to secure vessels to facilitate the

China signs agreement with Qatar for LNG

China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled companies announced in a virtual ceremony. The deal will last

Germany to sign LNG contracts in UAE

German Chancellor Olaf Scholz was expected to sign contracts for liquefied natural gas (LNG) during his visit to the United Arab Emirates (UAE), Economic Affairs and Climate Action Minister Robert Habeck said. Habeck was touring Lubmin, where the construction of one of Germany’s new liquefied natural gas (LNG) terminals was set to start. The construction

Eni enters NFE LNG project in Qatar

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. Eni signed the partnership agreement for the creation of the new Joint Venture company. Asper the agreement, QatarEnergy will hold a 75% interest while Eni the remaining 25% interest. The JV will hold 12,5% interest in

DSME wins contract to build LNG carrier for Qatar

Daewoo Shipbuilding & Marine Engineering (DSME), South Korean shipbuilder, has won a KRW 1.07 trillion ($851.7 million) order for the construction of four LNG carriers for the Qatar LNG project. The newbuild will be equipped with a low-pressure dual-fuel propulsion engine (ME-GA) and re-liquefaction facility, which is an eco-friendly ship that can significantly reduce air

MOL books two more LNG newbuilds at DSME

Japan’s Mitsui OSK Lines (MOL) has signed up for two newbuild 174,000 cu m liquefied natural gas (LNG) carriers at South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). The dual-fuel ships come with a price tag of around $213m each and are set for delivery in the second and third quarter of 2026. Multiple shipbrokers

Germany opens doors for Qatar gas

Germany and Qatar have reached a long-term energy partnership, a German official has said, as Europe’s biggest economy seeks to become less dependent on Russian energy sources. Russia is the largest supplier of gas to Germany and German economy minister Robert Habeck has launched several initiatives to lessen Germany’s energy dependence on Russia since it

Qatar Invests in Pakistan’s Next LNG Import Terminal

Qatar, the world’s top supplier of liquefied natural gas, will invest in Pakistan’s next import terminal in a bid to support one of the fastest-growing buyers of the super-chilled fuel. Qasim Terminal Holding Co., a subsidiary of Qatar Energy, has applied for clearance with Pakistan’s government to take a stake in Energas Terminal Pvt., according