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Hoegh Lines up Clients for Next FSRUs

Norway-based Hoegh LNG expects to receive bids from six shipyards to build its next floating storage and regasification unit (FSRU) and it sees up to three possible clients willing to charter it when completed in early 2019.


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Sevan FLNG Study for US Major Ongoing

Norway-based Sevan Marine said August 25 that it continues to work on the floating liquefaction (FLNG) feasibility study, based on its proprietary cylindrical hull design, on behalf of an unnamed US oil major for a specific field development.


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UK Offshore Revenues Fall

Scotland’s illustrative share of UK North Sea revenue fell from £1.8bn ($2.37bn) in 2014-15 to just £60mn in 2015-16, reflecting a decline in total UK North Sea revenue, the new Government Expenditure and Revenue Scotland (GERS) statistics show.


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Price Cut Drives ENN H1 Gas Sales 17% Higher

One of China’s biggest natural gas distributers ENN Energy Holdings reported a 17% rise in gas sales volumes for the half year that ended on June 30 as demand jumped following November's price cut.


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Gas Provides Half of UK Power

Gas accounted for just over half of UK power production in 2Q 2016, as coal fell to a record low share, according to latest national statistics released by the government's new Department for Business, Energy and Industrial Strategy on August 25.


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