Norway’s Awilco LNG reported a net loss of $3.3 million in the first quarter, saying that its 2013-built LNG carrier, WilForce, traded in an “exceptionally weak” market.
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French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.
Floating LNG player Golar has entered into a letter of intent with Singapore's Seatrium to secure incremental FLNG yard capacity for another FLNG conversion.
Floating LNG player Golar LNG said that it had executed an engineering, procurement, and construction (EPC) agreement with China's Yantai CIMC Raffles Offshore for its fourth FLNG and second MKII FLNG with an annual liquefaction capacity of 3.5 mtpa.
Norway's Awilco LNG, the owner of two TFDE LNG vessels, has approved a name change to ALNG and appointed Jens-Julius Ramdahl Nygaard as interim chief executive officer.
Norway's Awilco LNG, the owner of two TFDE LNG vessels, has appointed Niels Rigault as its chief commercial officer as the company enters its next phase of development.
Norway's Awilco LNG reported a net loss of $6.4 million in the first quarter of this year, while the company is searching for longer-term employment for its two TFDE vessels.