Exmar Takes Delivery of Caribbean FLNG

Belgian shipowner Exmar announced July 27 it took delivery of the Caribbean FLNG barge (CFLNG) earlier that day at China's Wison shipyard. CFLNG consists of a 500,000 tons per year floating liquefaction plant with 16,000 m³ of LNG storage and will remain moored at the Wison yard for now.


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Lossmaker Conoco 'Turns Corner' in 2Q

US major ConocoPhillips racked up a $3.4bn loss in the second quarter, it said July 27. That was three times its 2Q2016 loss of $1.1bn. However, impairments on legacy US shale asset sales made up much of its recent quarterly loss.


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Snam to Buy Edison's Adriatic LNG Interests

Italian gas grid Snam is to buy Edison’s interest in the 8bn m3/yr capacity Adriatic LNG terminal, plus a related pipeline asset. Snam also this week secured a €310mn loan from the European Investment Bank for a €600mn expansion of its Italian network to connect with a new storage site at Cornegliano Laudense, 25 km southeast of Milan, and announced July 26 an 18% year on year increase in 1H 2017 net profit to €504mn.


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[Premium] German Regional Court Gives Date for Opal Decision

The German regional court in Dusseldorf will publish its decision on the Opal capacity question July 28, a court spokesman has told NGW, declining to give more details before then.


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Tokyo Gas Bags Bangladesh LNG Study Contract

Tokyo Gas’s wholly owned subsidiary Tokyo Gas Engineering Solutions, in partnership with Nippon Koei, has been awarded by Petrobangla a feasibility engineering study contract for a land based LNG terminal in Bangladesh, it said July 27.


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