Thursday, September 9, 2021
LNG carrier

‘Carbon Neutral’ LNG Demand Soars In Asia Despite Criticism

By Stephen Stapczynski and Akshat Rathi (Bloomberg) –Liquefied natural gas shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually...

September 9, 2021
Total Views: 773

Thursday, November 1, 2018
lng bunk vessel kairos
Maritime News

Petronas Loads LNG Fuel Cargo on World’s Largest LNG Bunkering Vessel

SINGAPORE, Nov 1 (Reuters) – Malaysia’s state energy firm Petronas said on Thursday it has supplied its first liquefied natural gas (LNG) cargo to a marine-fuel vessel ahead of a...

November 1, 2018
Total Views: 12

Tuesday, July 25, 2017
Maritime News

Petronas Drops Plan to Build $27 Billion LNG Terminal in British Columbia

By Natalie Obiko Pearson (Bloomberg) — Malaysia’s Petroliam Nasional Bhd abandoned its long-stalled plans to build a $27 billion liquefied natural gas export terminal on Canada’s west coast, citing changes...

July 25, 2017
Total Views: 2

Wednesday, December 28, 2016
lng carrier petronas

Petronas Said to Eye New Site in $27 Billion Canada LNG Plan

By Natalie Obiko Pearson and Josh Wingrove (Bloomberg) — Malaysia’s Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada after...

December 28, 2016
Total Views: 8

Friday, June 10, 2016
Maritime News

World’s First Floating LNG Plant Misses the Boat on LNG Pricing

By Dan Murtaugh and James Paton (Bloomberg) — It’s longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas into liquid colder than the...

June 10, 2016
Total Views: 19

Wednesday, March 9, 2016

Photos: DSME Completes World’s First Floating LNG Facility PFLNG SATU

Daewoo Shipbuilding & Marine Engineering Co has completed construction of the world’s first floating liquified natural gas facility at the DSME shipyard in Okpo, South Korea. The facility is being...

March 9, 2016
Total Views: 51

Monday, June 22, 2015
Maritime News

Petronas’ $29 Billion Canadian LNG Export Project Hits New Snag with Aboriginal Group

By Rebecca Penty and Allison McNeely (Bloomberg) — Petroliam Nasional Bhd.’s C$36 billion ($29.4 billion) Canadian natural gas export project was treading water after the global market for the fuel...

June 22, 2015
Total Views: 0

Monday, February 23, 2015
misc berhad lng carrier

MISC Buys Petronas’ LNG Carrier Newbuilds, Signs Long Term Charters

Malaysian shipping company MISC Berhad announced today they have acquired the newbuilding contracts of five LNG carriers under construction at Hyundai Heavy Industries in a $1.1 billion deal. The orders...

February 23, 2015
Total Views: 5

Thursday, February 5, 2015
Engineering News

ABB to Supply Power Systems for Petronas’ Next FLNG Facility

ABB, the Swiss power and automation group announced today it will be playing an important role in the development of Petronas’ second floating LNG facility PFLNG2 by supplying the high...

February 5, 2015
Total Views: 6

Tuesday, October 21, 2014
mcdermott db30 crane barge

Petronas Hires McDermott’s DB30 Offshore Indonesia

McDermott International’s DB30 derrick barge, with its 2,794 metric ton-rated crane, will be put to work this year supporting Petronas’ Bukit Tua Development offshore East Java, Indonesia. “This is the...

October 21, 2014
Total Views: 199

Wednesday, May 14, 2014

Petronas Considers FLNG Offtake With Latest Ship Order

Malaysia’s Petroliam Nasional Bhd (Petronas) has placed a newbuild order recently for a pair of ABS-classed ‘Moss-type’ LNG carriers from Hyundai Heavy Industries. According to ABS, these two ships will...

May 14, 2014
Total Views: 52

Tuesday, May 6, 2014
petronas flng

Petronas’ Second FLNG Facility to be ABS-Classed

The American Bureau of Shipping (ABS) announced this week they have been awarded the classification contract for Petronas’ second new FLNG facility (PFLNG 2) which will be built at Samsung...

May 6, 2014
Total Views: 3

Thursday, February 13, 2014
petronas flng

Petronas Orders Second Floating LNG Facility

Petronas has announced today their decision to go forward with the building of their second floating liquefied natural gas (FLNG) facility. Once built, “PFLNG 2” will be subsequently moored at...

February 13, 2014
Total Views: 16

Thursday, August 1, 2013
misc berhad lng carrier

Petronas To Build Fleet of LNG Ships

KUALA LUMPUR, Aug 1 (Reuters) – Malaysia’s Petronas will directly procure newbuild liquefied natural gas (LNG) ships to bring down costs, the state oil firm said on Thursday. Last month,...

August 1, 2013
Total Views: 31

Friday, July 12, 2013
maersk convincer rig

Maersk Convincer Extended Offshore Malaysia on HTHP Drilling Project

Maersk Drilling has announced that its jack-up rig the Maersk Convincer has had its contract extended by Petronas for an additional one year period at an estimated value of USD...

July 12, 2013
Total Views: 2

Tuesday, June 25, 2013
petronas flng

Daewoo Cuts Steel on Petronas’ FLNG Facility

At South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), first steel was cut yesterday for the hull of Petronas’ first Floating Liquefied Natural Gas (FLNG) facility. Upon start-up at the...

June 25, 2013
Total Views: 2

Monday, April 22, 2013
misc berhad lng carrier

Petronas Pulls $3 Billion Bid for MISC Berhad, Shares Tumble

(Bloomberg) — MISC Bhd., the world’s second- largest shipper of liquefied natural gas, tumbled the most in 14 years in Kuala Lumpur stock trading after Petroliam Nasional Bhd. withdrew its...

April 22, 2013
Total Views: 21

Friday, April 5, 2013
misc berhad lng carrier

Petronas Raises Offer for LNG Shipper MISC Berhad

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to $3 billion after minority shareholders complained...

April 5, 2013
Total Views: 6

Monday, February 4, 2013
misc berhad lng carrier

MISC Berhad Makes Biggest Jump in 14 Years on Takeover Offer

(Bloomberg) — MISC Bhd., the world’s second-largest liquefied natural gas shipper, surged the most in more than 14 years in Kuala Lumpur stock trading after receiving a takeover offer from...

February 4, 2013
Total Views: 23

Thursday, January 31, 2013
Seri Angkasa misc berhad lng carrier

Petronas Makes $2.8 Billion Buyout Offer for MISC, World’s 2nd Largest LNG Shipper

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned energy company, offered to buy out shipping unit MISC Bhd. in a deal worth 8.7 billion ringgit ($2.8 billion). Kuala Lumpur-based Petronas, as...

January 31, 2013
Total Views: 26