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Local and interstate buyers buy up big near the water

first_imgThe $103m Avalon development on Duporth Avenue in Maroochydore.Mosaic Property Group said nothing of its kind had previously been delivered on this iconic and rare, northeast facing riverfront in Maroochydore.Officially launched late last year, Avalon reached more than $50 million in sales, with strong ongoing interest from local and interstate buyers. Comprising 86 two and three-bedroom apartments, including a range of exclusive waterfront residences, the development has a ground-floor artisan cafe, gym, sauna, steam room, private pontoon, watercraft storage, resort pool, sun decks and an exclusive concierge service.Mosaic Property Group managing director Brook Monahan said the achievement was the ultimate culmination in what had been a phenomenal success story so far for Avalon. Mosaic Property Group has achieved record-breaking sales across its showpiece award-winning, $103m Avalon development on Duporth Avenue in Maroochydore, smashing its own $5.65m record previously set for the same project.A $103 million Maroochydore development recognised for setting a benchmark in residential design has achieved record-breaking sales, smashing its own $5.65 million record previously set for the same project. Mosaic Property Group’s Avalon development on Duporth Ave won the inaugural Design Excellence award late last year from the Urban Development Institute of Australia (Qld).Two whole-floor luxury penthouse residences have achieved between $5.65 million and $6 million, along with eight other sales for half-floor luxury apartments, ranging in price between $2.6 million and just under $3 million.The 524sq m residences on levels seven and eight, each an amalgamation of two riverfront apartments, feature a coveted northerly aspect; four bedrooms, including a magnificent 90sq m master suite; four bathrooms plus powder room; chef’s kitchen with scullery; media room; study; library; wine cellar; fireplace, between six to eight car spaces; and private boat moorings. More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agolast_img read more

Hamptons dream house heads under the hammer

first_imgPlay tennis against your friends.“I said half of The Gap, half of Ashgrove and half of Samford have been through (the property),” Ms O’Dea said.“People who know and love that area well are very interested.”More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours ago The bench seat is a dream. The property is on 2545sq m.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45 There is a teppanyaki plate and pizza oven in the alfresco dining area.This dream could become a reality, as the house, at 9 Watercress Place, The Gap, goes to auction this Saturday, at 10am.Ray White Paddington’s Judi O’Dea is marketing the property and said it had been popular with locals throughout the campaign period. Yet another dreamy room.The property has it all, from a pool, spa, full-sized tennis court and an outdoor kitchen with a teppanyaki grill and pizza oven, to calacatta borghini marble and antique black granite benchtops, two kitchens and a butler’s pantry. Look down upon your domain.The property is open for inspection on Saturday from 9.30am, with the auction set to kick off at 10am. This kitchen could inspire even the most reluctant of chefs to cook.As previously reported by The Courier-Mail, the house had been renovated in the past, but underwent a complete refurbishment in 2012 after it was purchased by Mika Murakami Latimore in 2011.The project took two years and resulted in the high-end Hamptons home that stands on the 2545sq m block today. The house at 9 Watercress Place, The Gap, is for sale.Kick back by the pool in a robe as an admirer hand feeds you grapes while another fans you … at least that is how this fantasy goes.This farmhouse turned Hamptons honey has vines creeping up its arches and emanates relaxing vibes that either leaves one feeling like an ancient emperor (or empress), or an A-lister on a summer holiday to Long Island’s South Fork. Plantation shutters close the ensuite off from the bedroom.There are six-bedrooms and three-bathrooms, with “plenty of space for an au pair”, according to Ms O’Dea.For those who need a little more incentive to roll out of bed and make their way to the auction, Ms O’Dea said there will be a coffee cart on the day.last_img read more

Gold Coast home charms house hunters with its character

first_imgA Mickey Mouse-shaped cutout in the media room ceiling was inspired by a trip to Disneyland. The owners built the house with American home designs in mind.More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoOwners Sarah and Ashley Gale built the five-bedroom residence, where they lived for four-and-a-half years.Ms Gale said after travelling to the US many times, they fell in love with the country’s home designs.“We like that American style,” she said.“The house has a really nice feel to it, it’s a warm house.“It makes us sad to leave because it’s got so many memories.” MORE NEWS: Cashed-up buyers go on spending spree The circular staircase is a standout feature. MORE NEWS: When it comes to loos, it’s a game of thronescenter_img The Cape Cod-style home at 5010 Emerald Island Drive, Carrara has some cool characteristics.LOOKING for a home with character?This Cape Cod-style house at Carrara’s Emerald Lakes won’t disappoint.From its curved staircase and arched windows to the Mickey Mouse-shaped cutout in the media room ceiling and detailed wallpaper, there are plenty of features that differentiate the property from others on the Coast. It has a built in pizza oven and barbecue outside.Ms Gale’s favourite feature of the house is the Mickey Mouse face on the media room ceiling, which was inspired by a trip to Disneyland.“It’s one of the coolest features in the house, the kids love it,” she said.A study with built-in shelving, waterfront pool, children’s playground and patio with a barbecue and pizza oven are among its standout features.The property will go to auction on April 27 at 1pm.last_img read more

Century-old Ascot mansion sells for first time in nearly 50 years

first_imgThis property at 4 Sutherland Ave, Ascot, has sold for $3.1m. Picture: Realestate.com.auA CENTURY-OLD Ascot mansion that has been in the same family for nearly 50 years has sold for $3.2 million — nearly 70 times what they paid for it. Named ‘Rooklyn’, the owners of the home at 4 Sutherland Avenue have finally sold the stately residence in one of the suburb’s most prestigious streets after paying just $46,000 for it in 1972. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:21Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:21 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenImagine spending a weekend in this dream home!02:22 Inside the century-old mansion at 4 Sutherland Ave, Ascot. The entrance to the house at 4 Sutherland Ave, Ascot, which has sold for $3.2m.The property has been on the market for the past three-and-a-half years and was last listed with a $3.5 million price guide. RELATED: Hot property changes hands again within a year How you can live like a millionaire for $20k One of the bathrooms in the home in original condition. The home contains traditional features from its era.The home has five bedrooms and three bathrooms, with the ground floor able to be used as a guest’s retreat, with one bedroom and bathroom.Traditional features include period shutters, French doors, polished timber floors, bay windows, decorative cornicing, fireplaces and chandeliers. One of the home’s five bedrooms.Mr Keenan said he had been in negotiations with three potential buyers for months and one of them was the lucky purchaser.He said they were a family moving from Rockhampton to Brisbane, who planned to renovate the home.“The Sutherland Avenue address is a big drawcard for people because it’s one of the most expensive streets in Brisbane,” he said.Mr Keenan said the current owners had raised their four children in the home and were now going to downsize within the area. The sitting room in the house at 4 Sutherland Ave, Ascot.More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoSelling agent Vaughan Keenan of Grace and Keenan said the beauty of the home was that it had never been “bastardised”.“It’s one of those rare houses where all the original features are still intact,” Mr Keenan said.“One of the bathrooms still has the original terrazzo floor.”center_img Inside the house at 4 Sutherland Ave, Ascot, which has sold for $3.2m.A metallic spiral staircase linking the two levels of the home is a standout feature.A Tuscan-inspired patio with an exposed beam ceiling and vine covered walls is the perfect outdoor entertaining area.Mr Keenan also recently sold a property at 75 Charlton Street in Ascot for $2.81 million.Ascot has a median house price of $1.5 million, according to CoreLogic. The ultimate dream home of 2019 The formal dining room. Built in 1914, the home on a 943 sqm corner block in the tree-lined avenues of Ascot, is filled with traditional character features. The home has a Tuscan-inspired patio with vine covered walls. This house at 4 Sutherland Ave, Ascot, has sold for $3.2m.last_img read more

Multi-gen living trend popular in Ipswich, Brisbane, Gold Coast

first_img PENTHOUSE LIVING WITH CONCIERGE SERVICE Alison Ross and her husband Myles recently built a three-storey home at Bardon through H4 Living, with “creative and flexible spaces” in mind.Mrs Ross said they included a separate studio with a large multi-use room featuring a kitchenette and ensuite to cater for an au pair or nanny-type arrangement.“The children are young. As they grow it will be suitable for when they are more independent,” she said. Metricon’s Queensland general manager Peter Ryan said the multi-generation living trend was gaining momentum across Brisbane as well as the Gold Coast and Ipswich.The home-building company specialises in flexible multigenerational living options and gas-optional design upgrades tailored to suit specific needs.“Mobility and accessibility within the home are important as parents age, so ground floor bedrooms with ensuites are important,” Mr Ryan said. More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago“Statistics spouted are that millions of Australian families currently choose multigenerational living. “With our ageing population, immigration policy, rising land costs and the trend for adult children to stay at home longer, we believe this trend will continue to grow exponentially in the future.“I think housing affordability and our ageing population are the main drivers of this trend,” he said.Mr Ryan said for older family members, retaining independence and having younger people around could provide company and help, and mean they don’t have to move into aged-care accommodation.“Sitting at the opposite spectrum of the family of those who usually benefit from multi-gen living are young adults who haven’t flown the nest,’’ he said. “Staying in the family home allows the younger generation to squirrel away any spare money they have and concentrate on their studies or saving for their own home.” Follow us on Facebook Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:52Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:52 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenA look at Nicole Kidman’s Southern Highlands House00:52center_img AUSTRALIA’S MOST-WANTED HOMES The H4 Living Bardon home during construction has three levels, five bedrooms, three bathrooms, two kitchens and a pool with city views.Baby Boomers are pooling their resources and calling on their ageing parents to batch with them in spacious new homes in a bid to save money.Brisbane home builder and H4 Living director Tiago Guerreiro said the two main groups driving the multi-gen living trend were Baby Boomers who still had elderly parents to look after and wanted to keep them mentally stimulated, and young families who wanted their Baby Boomer parents to move in so they could help with babysitting.“Costs of child care and aged care plus the cost of housing in general is a huge factor in the rise of multi-gen homes with families being able to pool resources and achieve better living outcomes,” Mr Guerreiro told The Sunday Mail. MORE REAL ESTATE NEWS:last_img read more

OPEC committed to output cuts. Extension far from done deal, survey says

first_imgThe ten OPEC members’ crude output stayed unchanged in April at 31.85 million barrels per day compared to March, according to an S&P Global Platts survey released today. OPEC is still showing high compliance with its production cut agreement, as increases in Angola and Nigeria were offset by declines from Libya and Iraq, the energy intelligence group said“OPEC members can go into their May 25 meeting in Vienna feeling good about their compliance levels. Even countries, like Iraq and the UAE, which have come in for some criticism over their production levels, moved closer to compliance in April. But an extension to the production cut agreement is far from a done deal, with many details to be negotiated, including cut levels, exemptions and duration, amid an increasingly skeptical market. OPEC still has much to discuss,” said Herman Wang, OPEC Specialist, S&P Global Platts.Thus, the April production figures in the S&P Global Platts survey and the five other secondary sources used by OPEC to monitor output will be some of the final data points that the organization considers at its meeting. OPEC’s collective April output was some 80,000 b/d above its stated ceiling of 32.5 million b/d, when Indonesia, which typically produces about 730,000 b/d, is added in. Indonesia suspended its OPEC membership in November and is not included in the S&P Global Platts survey estimates for 2017.OPEC’s largest producer Saudi Arabia averaged 9.97 million b/d in April, according to the survey, below its quota under the deal of 10.058 million b/d. The kingdom is seen as a driver of OPEC’s production cut deal, with energy minister Khalid al-Falih saying at a conference in Abu Dhabi last month that there appeared to be a growing consensus on a need to extend the cuts, as global inventories remain stubbornly high.Iraq, which has faced criticism for not fully complying with its required cut, produced 4.36 million b/d in April, the survey found, as the Taq Taq field in the Kurdistan Region of the country has seen output decline, while exports from Iraq’s Persian Gulf terminal also fell during the month. The country’s April output is 9,000 b/d above its quota under the deal, the closest it has been to compliance. Over the January through April period, however, its average remains 60,000 b/d above its quota, the highest among OPEC members.Iran, which is allowed a slight output increase under the deal, held production steady in April at 3.77 million b/d, the survey found, below its quota of 3.797 million b/d. The UAE, also under pressure from fellow OPEC members to come into compliance with its quota, lowered production slightly to 2.84 million b/d, down 10,000 b/d from March, the survey found.Exemptions in FocusAngola saw new production come online in its offshore East Hub development, with the country’s output rising 80,000 b/d in the month to 1.68 million b/d. Nigeria, meanwhile, ended maintenance on key export grade Bonga in April, with production at the field ramping up throughout the month. The country’s output averaged 1.65 million b/d in April, according to the survey.In Libya, a blockade of a pipeline from the Sharara field to the Zawiya terminal in the country’s west by a militia knocked production down significantly in the month to 550,000 b/d. Libya’s National Oil Company declared force majeure on Zawiya on April 9, but NOC Chairman Mustafa Sanalla last week announced that a deal had been struck with the Petroleum Facilities Guard militia to reopen Sharara, as well as the nearby El Feel field. Nigeria and Libya, both impacted heavily by militancy over the last year, are exempt from the production deal, which led some OPEC watchers to doubt the effectiveness of the agreement, if production from the two countries were to recover and offset any cuts. But the two countries’ combined January-April average output of 2.273 million b/d is just 6,300 b/d higher than their October levels, according to the S&P Global Platts survey.Strong complianceOf the 11 members of OPEC that have a quota under the deal, compliance is 117%, based on January through April averages. If Iran is not included, the 10 members of OPEC required to cut production have achieved a collective 105% of their cuts, based on January through April averages. Since the deal covers an average of January to June output, month-to-month fluctuations are to be expected. The S&P Global Platts estimates were obtained by surveying OPEC and oil industry officials, traders and analysts, as well as reviewing proprietary shipping data.In concert with OPEC, 11 non-OPEC countries led by Russia have also agreed to cut output by a combined 558,000 b/d in the first half of 2017, with many of those countries phasing in their reductions or relying on natural declines. Russia last week announced it had reached its commitment to cut 300,000 b/d. Ministers from those 11 non-OPEC producers will also be meeting in Vienna with OPEC on May 25 to review their participation in the deal and any extension.Source:  S&P Global Plattslast_img read more

Ophir finds buyer for Fortuna FLNG gas

first_imgOphir Energy has informed that Gunvor Group has been nominated as the preferred buyer of LNG for offtake from the Fortuna FLNG project, offshore Equatorial Guinea.According to Ophir, principal commercial terms subject to finalizing a Sale and Purchase Agreement (“SPA”) for the offtake ahead of the Final Investment Decision (“FID”) on the Fortuna FLNG project have been agreed.Gunvor is committed to taking the full contract capacity of the Gandria FLNG vessel of 2.2 MMTPA, which will be purchased on a Brent-linked, Free on Board (“FOB”) basis for a 10 year term, Ophir said.The contract structure allows flexibility for up to 1.1 MMTPA of the Fortuna capacity to be marketed on an alternate basis. Consequently the agreement gives the Fortuna partners, alongside the State of Equatorial Guinea, the potential to sell volumes to higher priced gas markets in Africa and beyond, whilst retaining a share in the profits of such sales, Ophir added.With a preferred LNG Buyer now nominated, Ophir said the last significant milestone remaining prior to FID for the Fortuna FLNG project is the completion of project funding, with FID remaining on track for later in 2017.Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons for the Republic of Equatorial Guinea, commented: “The selection of Gunvor sets a landmark moment in the development of the Fortuna Project. The partnership with Gunvor also paves the way for the government’s objective to deliver important projects that monetize our gas, promotes local content and brings world-class petroleum technology to Equatorial Guinea. The Fortuna Project will target becoming the first choice supplier of LNG for the LNG to Africa initiative, furthering Equatorial Guinea’s leadership position in Africa as an LNG exporter.”Nick Cooper, Chief Executive of Ophir, commented: “We thank those parties that participated in the competitive tender process for the offtake and welcome Gunvor to the Fortuna FLNG Project. Gunvor’s involvement is a further addition to a strong partnership along the Fortuna value chain. Our focus is now on completing the financing package and debt facility. With Golar’s sister vessel, the Hilli, nearing completion and with Petronas FLNG having recently delivered commercial cargoes, FLNG is now entering the mainstream.”Jeff Goodrich, CEO OneLNG SA, commented: “OneLNG, along with the State of Equatorial Guinea and Ophir, would like to take the opportunity to welcome Gunvor to the Fortuna family. We look forward to working together to set the new performance benchmark in FLNG.”last_img read more

TenneT to Take Part at Dredging Today Conference

first_imgRob van der Hage, Manager North Sea Infrastructure, TenneT, has confirmed his participation as a speaker at our first Dredging Today Conference (DTC).The conference will take place on October, 9-10th 2017 at Amsterdam RAI Convention Center, under the theme ‘Changing Climate, Resilient Business’.On Tuesday, 10 October, during the Thematic session “Dredging for clean energy” Rob van der Hage will take a look at developments where dredging meets climate mitigation, for example to support low carbon energy projects.Also to speak on the session is Jan Peters, Managing Director, Alia Systems & Imotec, who will present on the topic dredging for hydropower.The conference will be chaired by Alexander Verbeek, Associate of Stockholm Environment Institute (SEI), Stockholm International Water Institute (SIWI), World Fellow and Yale University.DredgingToday Conference: Changing Climate, Resilient BusinessThe world in which the dredging industry operates, is changing. Climate change, global trade developments and shifts in the world’s energy mix have significant impact on dredging. But where will the effects of climate change be felt most? And what public funds are available to pay for solutions that can protect vulnerable regions? We are also witnessing changes in client demands and with these in the role of dredging contractors. What business strategies do we see emerging and ultimately – what makes the dredging industry future proof?Delegates attending the 1st Dredging Today Conference can expect a forward-looking agenda with attention for business rather than technology.last_img read more

Saipem expands fleet with ‘Lewek Constellation’ buy

first_imgItalian offshore contractor Saipem has entered into an agreement to acquire the ultra-deepwater pipelay and construction vessel Lewek Constellation.Saipem said on Thursday that the 2013-built Lewek Constellation was ready to be promoted for commercial opportunities.The Constellation will be marketed in all geographic areas including the Gulf of Mexico, the North and Norwegian Seas where, according to Saipem, the vessel characteristics make it suitable to pursue the subsea tie-back initiatives predominant in those areas.Stefano Cao, Saipem CEO, said: “The Constellation is the latest addition to Saipem world-class fleet that will integrate our offering with reeling capabilities in order to safely and competitively respond to the needs of the subsea tie-back market.“Indeed, in the current economic scenario, the subsea tie-back developments are becoming increasingly important as they maximize the utilization of the existing infrastructures at reasonable expenditures. The acquisition of the Constellation bridges this gap, expanding the set of future opportunities.”Saipem added that the Constellation would be acquired for $275 million through the partial utilization of available liquidity.“Considering the time to finalize commercial endeavors on this expanded business segment, revenues and EBITDA adjusted 2018 guidance will remain unchanged,” the company said.The Constellation, bought from Emas Chiyoda Subsea, is currently located in the Gulf of Mexico, near Galveston, USA.To recall, Emas Chiyoda Subsea, a joint venture between Ezra Holdings Limited and the Chiyoda Corporation, filed a petition for bankruptcy protection at a U.S. court in late February 2017last_img read more

Top news of the week June 4-9

first_imgIllustration purposes only (Image courtesy of Chevron)Golar: Cameroon FLNG starts full commercial opsGolar said on Monday that its FLNG Hilli Episeyo located offshore Kribi in Cameroon has started full commercial operations.LNG Limited welcomes new investor, raises $21.4m through share placementLNG Limited, the Australian company developing two LNG export projects in North America, has raised A$28.2 million ($21.4m) through a share placement agreement with the Hong Kong-listed investment holding company IDG Energy Investment Group.SK E&S plans to build $1.7 billion LNG infrastructure in PhilippinesSouth Korea’s SK E&S, part of conglomerate SK Group, said it signed a letter of intent on Tuesday with the Department of Energy of the Philippines to propose the construction of LNG infrastructure worth $1.7 billion in the archipelagic country.Keppel O&M to build LNG bunkering vessel for FueLNGKeppel Offshore & Marine through its unit, Keppel Singmarine, has secured an S$50 million ($37.5 million) contract from FueLNG to build South East Asia’s first liquefied natural gas (LNG) bunkering vessel.Chevron completes modifications on 2nd Gorgon LNG trainUS-based energy giant Chevron said it has completed planned modifications on the second production unit at its Gorgon liquefied natural gas (LNG) plant on Barrow Island in Western Australia. LNG World News Stafflast_img read more