Bahrain LNG recently announced that completed the mechanical construction and commissioning of its first LNG Terminal located in the Kingdom of Bahrain. For the records, the terminal was developed on a PPP basis.
In this video, ExxonMobil’s Marine Fuels Venture Manager, Luca Volta challenge Teekay Tankers to a game of French Boules to talk about the fast approaching IMO 2020 deadline. The company put together the “IMO 2020 team”, a transition team that focused on finding the ideal fuels to be able to keep up with the upcoming regulations.
Teekay LNG Partners, completed its Shell-chartered quartet with the delivery of the Pan Africa. LNG newbuilding, Pan Africa, is the fourth and final ‘Pan’ vessel joining the TGP fleet, alongside Pan Asia (2017) and Pan Americas (2018), and Pan Europe (2018).
With the completion of this Arc7 financing, Teekay LNG has now completed $2.2 billion in debt financings for their newbuildings in the past 12 months and has financed 14 of its remaining 15 LNG carrier newbuildings, which includes one floating storage unit.
Teekay LNG Partners launched the Teekay Multigas Pool, an in-house commercial management solution for ethylene-capable liquefied petroleum gas and small-scale LNG vessels.
Teekay LNG Partners announced that its first icebreaker LNG 172,000 cubic meter ARC7 newbuilding, ‘Eduard Toll’, which was launched on January 21, recently completed its gas trials.
Bahrain LNG, a joint venture of Teekay LNG Partners with National Oil & Gas Authority of Bahrain, Gulf Investment Corporation and Samsung Construction and Trading, has been contracted to deliver a LNG import terminal in Bahrain to NOGA, with a Commercial Start Date in 2019 for 20 years.
Teekay Offshore Partners has announced that it signed new three-year shuttle tanker contracts of affreightment with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in the North Sea.
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