Terminal News
Woodside has completed the acquisition of Tellurian and its US Gulf Coast driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million (€823 million) cash, or US$1.00 per share (€0.92).
Woodside has also renamed the Driftwood LNG development opportunity Woodside Louisiana LNG.
Woodside Louisiana LNG is an…
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TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunker vessel of 18,600m3 capacity.
The vessel, owned by Ibaizabal, will supply LNG to a wide range of vessels (containerships, tankers, large cruise ships, ferries) at TotalEnergies’ LNG bunkering hubs and meet the highest technical and environmental standards.
This new vessel,…
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Aramco has announced the completion of a $3 billion (€2.7 billion) international sukuk issuance, comprised of two US dollar-denominated tranches.
The tranches are split in two ways. $1.5 billion (€1.3 billion) maturing in 2029, carrying a profit rate of 4.25% per annum, and $1.5 billion maturing in 2034, carrying a profit rate of 4.75% per annum.
The issuance was priced on 25 September,…
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PT Oiltanking Karimun Terminal in Indonesia, which is a Platts-approved terminal in the Singapore Market On Close assessment process, has changed its name to PT Oil Terminal Karimun.
The name change came into effect after a change in equity shareholding. Oiltanking sold its entire stake in the terminal to Novus Middle East DMCC.
Only the equity shareholding and the terminal's name have changed,…
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VTTI and Connex have announced a new partnership to develop a state-of-the-art renewable feedstock pretreatment facility at VTTI’s terminal in Amsterdam.
Once completed, the facility will process over 400,000 tonnes of renewable feedstock annually, supporting the production of sustainable fuels such as renewable diesel and sustainable aviation fuel (SAF). The facility is expected to be…
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Worley and Liquid Wind have entered into an agreement to provide design and engineering services for the development of the NorthStarH2 e-methanol facility in Östersund, Sweden.
The facility, which is being developed on behalf of Uniper, aims to produce over 100,000 tonnes of e-methanol annually. The feedstock will help decarbonise shipping and chemical industries.
The focus during pre-FEED…
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Neste and Tepsa have collaborated to enhance chemical recycling capabilities on the storage and handling of liquefied waste plastics in Rotterdam, the Netherlands. Following successful industrial-scale processing runs, Neste is moving towards using larger quantities of liquefied waste plastic as a raw material at its Porvoo refinery in Finland, turning it into Neste RE, a high-quality recycled…
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Avenir LNG has announced it has signed a time charter party with LNG Shipping, a 100% subsidiary of Eni, for one of the company’s 7,500m³ LNG bunker vessels, the Avenir Aspiration. The multi-year time charter to Eni will commence from delivery in Europe in 2025.
This charter increases the Avenir LNG’s third-party charter revenue backlog, including options, to over $285 million (€259…
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Patrick Pouyanné, chairman and CEO of TotalEnergies has presented the company’s strategy and outlook goals for 2024.
TotalEnergies has advanced its balanced and profitable transition strategy, anchored on two pillars, oil and gas, notably LNG, and electricity, growing its global energy production (oil, gas, electricity, bioenergy) by 4% per year through 2030, while drastically lowering the…
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Ghent Renewables NV has announced on LinkedIn that its board has officially approved the expansion of its pretreatment capacity for waste oils and food waste products like UCO, POME, SBO and acid oils.
As part of the GTS group, the investment will double the company’s annual capacity and upgrade its capabilities to produce feedstock, ideal for HVO, HEFA production, or co-processing.
The…
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McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG, for the North Field South (NFS) offshore pipelines and cables project in Qatar.
The NFS infrastructure is designed to supply feed gas for two additional LNG trains and is part of the North Field Expansion Project (NFXP), which will help increase the total LNG production in…
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Santos has announced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia.
The contract is to supply 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of 3 years plus one quarter. The contract will commence in 2025, with LNG being supplied from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship…
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Gastrade has announced that the Alexandroupolis LNG terminal in Greece, has entered commercial operations. As a key project at European, Regional, National and local level, it was designed, built, owned and operated by Gastrade.
The project contributes to energy security and to the diversification of sources and energy supply routes for Southeast and Central Europe, upgrading the role of Greece…
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TotalEnergies has announced final investment decision (FID) for the GranMorgu development on Block 58, a large offshore deepwater oil project in Suriname, South America.
The GranMorgu project will develop the Sapakara and Krabdagu oil discoveries, on which a exploration and appraisal campaign was completed in 2023. The fields are located 150 km off the coast of Suriname, South America, and hold…
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Petronas and Mitsubishi have signed a new agreement to deliver liquefied natural gas (LNG) to international markets, with a primary focus on customers in Japan.
The agreement outlined Mitsubishi’s investment in the Malaysia LNG (MLNG) Dua and MLNG Tiga for the next decade with the extension of its 10% equity shareholding in MLNG Dua, and the reinvestment of a 10% equity shareholding in MLNG…
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Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding which holds its lower carbon ammonia project in Texas, USA, from OCI. The completion follows Woodside's announcement that it had entered into an agreement to acquire OCI's 1.1 mtpa Clean Ammonia Project.
CEO of Woodside, Meg O'Neill, says: ‘As a global energy provider, Woodside is focused on lower carbon ammonia…
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TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas, USA. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets, totalling 4 GW in operation or under construction in Texas.
Danish Fields is TotalEnergies’ largest solar farm in the…
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Uniper has announced the end of its Ratcliffe-on-Soar power plant, in Nottingham, UK. In a post on LinkedIn, the Uniper team comments: ‘This marks a key milestone, not only for Uniper, but also in the UK’s journey to clean power.’
Since first commissioning in 1967, the Ratcliffe plant has produced enough energy to make more than 21 trillion cups of tea and its 2GW capacity has been enough…
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Chane Terminal Geulhaven has opened a new expansion, adding 75,000 m³ of storage capacity. The terminal, located in the Port of Rotterdam, the Netherlands, now boasts a total capacity of 150,000 m³ and was completed in just nine months. This phase has focused mainly on feedstocks for biofuels.
By focusing on the storage of biofuels, this new terminal expansion gives Chane the opportunity to…
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TotalEnergies has announced the signing of an agreement with Lewis Energy Group, to acquire a 45% interest in dry gas producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas, USA.
Located in Southwest Texas, the acquired assets have the potential to be developed to reach a sustainable gross production of around 400 mcf/d (1.1 million m3) by 2028.
This is…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
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