Sunday, May 19, 2019

Taiwan News

Anadarko Signs LNG Supply Deal with JERA, CPC

Image: Anadarko

US hydrocarbon exploration company Anadarko has signed a Sale and Purchase Agreement (SPA) with Japanese power company JERA and Taiwanese oil and gas company CPC.The SPA calls for the delivered ex-ship…

Ichthys Ramps Up Output

(File photo: INPEX)

A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources told Reuters.The tanker 'Symphonic Breeze' has been moored at Darwin anchorage sinc

GasLog Predicts LNG Spot Rate Recovery

Pic: GasLog LNG carrier

GasLog Partners, which owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters, said that the longer-term outlook for natural gas demand continued to strengthen in the…

Oil Hits 2019 High

© Pavel Ignatov / Adobe Stock

Oil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports.Washington…

Oil Hits 2019 High on U.S. Plan to Tighten Squeeze on Iran

© donyanedomam / Adobe Stock

Oil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports.Washington…

DNV GL Invites Partners for Turbine Project

Pic: DNV GL

DNV GL calls on industry stakeholders to join a new Joint Industry Project (JIP) to develop Recommended Practice on wind turbine design methodologies for cyclones and earthquakes.The world’s largest independent…

Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite

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Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran…

Fred Olsen Windcarrier Debuts in Taiwan

Image: Fred Olsen Windcarrier

The offshore wind parks specialist Fred Olsen Windcarrier won its first major deal in the Asian market after being picked to install the 8MW Siemens Gamesa Renewable Energy (SGRE) turbines at the Yunlin offshore wind farm off Taiwan.Fred.

World’s Largest Offshore Wind Farm Generates First Power

Image: Ørsted

The first turbine of the 1,218-MW Hornsea 1 offshore wind farm in the North Sea, the world’s biggest such facility, has been installed and is now generating power.Matthew Wright, UK managing director of Danish energy group Ørsted A/S…

INPEX Selects NAPA for LNG Carrier Fleet

Image: NAPA

Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said…

Orsted Full-year Profit Beats Expectations

(Photo: Orsted)

Danish offshore wind developer Orsted reported full-year profit above expectations on Wednesday and said it would consider restarting its activities in Taiwan following a new proposal from the local government.Orsted…

Ørsted, Tepco Join Forces for Japan Offshore Push

Image: Ørsted

Tokyo Electric Power Company Holdings (TEPCO) has signed a memorandum of understanding (MoU) with Danish energy business Orsted to work together on offshore wind projects.In a press release, TEPCO said…

K2 Management Opens Beijing Office

Image: K2 Management

Offshore wind and sustainable energy consultancy K2 Management  has opened an office in Beijing to support China’s wind and solar market.Active in Asia since 2010, K2 Management has been working in China…

Ørsted Shelves Taiwan Projects

(Photo: Orsted)

Danish energy group Orsted will put new major projects in Taiwan on hold after it failed to sign a power purchase agreement (PPA) for two offshore wind farm projects, the company said on Wednesday.Taiwan…

JERA Joins Taiwan, UK Offshore Wind Projects

Image: Ørsted A/S

Japanese energy group JERA joined  in the Formosa 1 offshore wind power project in Taiwan and Gunfleet Sands offshore wind power project in the U.K.JERA has entered into an agreement with Macquarie Capital…

LNG Imports into Northeast Asia at Record High

© Altin Osmanaj / Adobe Stock

Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China's continued gasification push, and as the region faces colder-than-usual temperatures this week.LNG imports into China…

Prelude FLNG Starts Production in Australia

(Photo: Shell)

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave…

Prelude FLNG to Start Producing at End-2018

(Photo: Shell)

Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday."We continue to progress Prelude towards operations…

Orsted Plots $30 Bln Green Energy Investment

(Photo: Orsted)

Denmark's Orsted will invest $30 billion in green energy up to 2025, it said on Wednesday, as it seeks to become one of a handful of future "renewable majors" leading a global transition from fossil fuels…

LNG Shipping Market in Recovery Stage: Flex LNG

Image: Flex LNG

Norwegian-born billionaire John Fredriksen-owned LNG shipper Flex LNG believes that the LNG market is in the early stages of a multi-year recovery.According to a report by Flex LNG, the market for seaborne…