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Image - Small Scale LNG Market to Surpass $50 Bn by 2026

Small Scale LNG Market to Surpass $50 Bn by 2026

According to the recently published report "Global Small Scale LNG (SSLNG) Market - Forecast & Opportunities, 2012 - 2026", the global market for small scale LNG is projected to surpass $ 50 billion by 2026. Liquefied Natural Gas (LNG) is natural gas, predominantly methane (CH4), that is converted to liquid form through a process called liquefaction. When liquefied, the volume of natural gas shrinks by 600 times, thereby allowing ease of storage ...

Natural Gas & LNG - Oct 10, 2017


Image - Compressed Natural Gas Market Expected to Reach $36,035 Million by 2023

Compressed Natural Gas Market Expected to Reach $36,035 Million by 2023

According to the new report "Compressed Natural Gas Market 2017-2023" the global compressed natural gas market was valued at $14,842 million in 2016, and is projected to reach $36,035 million by 2023, growing at a CAGR of 14.1% from 2017 to 2023. Based on source, non-associated gas dominated the global compressed natural gas (CNG) market. Around the globe, the concept of using natural gas as alternative to conventional fossil fue...

Natural Gas & LNG - Oct 9, 2017


Image - Transocean Ltd. Announces 2 Year Contract for Ultra-Deepwater Drillship Deepwater Invictus

Transocean Ltd. Announces 2 Year Contract for Ultra-Deepwater Drillship Deepwater Invictus

Transocean Ltd. announced today that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately $106 million. The contract is expected to commence in the second quarter of 2018. “We are extremely pleased to continue working with BHP,” said President and Chief Executive Office...

Hydro - Energy Efficiency, Natural Gas & LNG - Oct 19, 2017




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