Gunvor Group Ltd. has agreed to employ four newbuild liquefied natural gas (LNG) carriers as the trading house looks to cut emissions tied to its operations. Subsidiary Clearlake Shipping is securing long-term time charters with Monaco-based shipowner Celsius Tankers. Celsius expects to take delivery of the new vessels from Samsung Heavy Industries Co. Ltd. (SHI)…
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Qatar Petroleum Awards $2B EPC Contract for North Field to Build LNG Prowess
State-owned Qatar Petroleum (QP) has dished out an engineering, procurement and construction (EPC) contract worth more than $2 billion to expand the liquefied natural gas (LNG) storage and loading facilities for the giant North Field East (NFE) project. QP said Monday the lump-sum EPC contract was awarded to Samsung C&T Corp., only weeks after picking…
Consortium With Global Footprint to Lead Ohio Cracker Engineering
PTT Global Chemical (PTTGC) pcl, Thailand’s state-owned petrochemical and refining company, has enlisted an international consortium of engineering firms to conduct preliminary design work and cost estimates for its proposed ethane cracker in Southeast Ohio.
‘Strong’ LNG Demand Prompts Tanker Order
Golar LNG Ltd. has contracted to build four 160,000-cubic meter liquefied natural gas (LNG) carriers with Korea’s Samsung Heavy Industries Co Ltd.