Avenir LNG collaborates with Golar Power on developing small-scale LNG distribution in Brazil
London, Nov. 19, 2019 (GLOBE NEWSWIRE) -- Avenir LNG Limited (“Avenir”) wishes to announce that it will collaborate with Golar Power Limited (“Golar Power”) in developing the small-scale LNG market in Brazil.
Avenir’s second 7,500 cbm LNG Carrier will be used to deliver LNG to various ports across Brazil upon delivery. The vessel will also offer ship-to-ship bunkering capability as part of Avenir’s global multi-nodal bunkering solution; adding to the Colombian, Mediterranean and Malaysian nodes which the company currently offers.
Commenting on the collaboration with Golar Power, Andrew Pickering, Chief Executive Officer of Avenir LNG Limited, said, “This is another step in our strategy where we are working closely with a shareholder in leveraging its FSRU platform to develop small-scale LNG distribution and bunkering in key developing markets.”
Commenting on the collaboration with Avenir LNG, Eduardo Antonello, Chief Executive Officer of Golar Power Limited, said, “Accessing small-scale tonnage to distribute LNG in Brazil underpins Golar Power’s commitment to the fast-growing Brazilian LNG market – a pivotal part of Golar Power’s strategy. We are pleased to be able to leverage Golar LNG’s shareholding and direct access to tonnage through Avenir LNG.”
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Recording of the Third Quarter 2019 Investor Conference Webinar11.12.2019 18:22:00 CET | Press release
On December 11 JSC Olainfarm organized its Investor Conference Online Webinar. During the webinar the Chairman of Management Board Jeroen Weites and Investor Relations Advisor Janis Dubrovskis analyzed the financial results of third quarter and 9 months 2019 and informed about other recent activities within the company. The recorded webinar is available online: https://bit.ly/2sg4rPa, and the presentation, demonstrated during the webinar, is available in the attachment. Methodology for alternative performance indicators is disclosed in Annual report for 2018 (page 20) and in Financial statements for 6 months period ended 30 June 2019 (page 17). Olainfarm thanks all participants, who joined the webinar, and encourages everybody to follow company’s announcements to get information on the next webinar! JSC Olainfarm is one of the largest companies in the Baltic States with more than 45 years of experience in production of pharmaceuticals and chemical and pharmaceutical products. The basic
Volta Finance Limited - Net Asset Value as at 30 November 201911.12.2019 18:15:00 CET | Press release
Volta Finance Limited (VTA / VTAS) – November 2019 monthly report NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ***** Guernsey, 11 December 2019 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for November. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). PERFORMANCE and PORTFOLIO ACTIVITY In November, Volta’s NAV* total return performance was +0.4%. The YTD performance is 3.5%. This month, performance was mainly driven by a modest rebound in both CLO debt and CLO Equity prices. The monthly performances ** of the sub-asset classes were the following, in local currency: +1.0% for Bank Balance Sheet transactions, +0.9% for CLO Equity tranches; +0.8% for CLO Debt; +0.7% for Cash Corporate Credit deals; and +0.2% for ABS. Once again this month, CLO Equity positions outperformed CLO Debt (with the strongest performe
Millicom files standard form for notification of major holdings11.12.2019 18:11:00 CET | Press release
Millicom files standard form for notification of major holdings Luxembourg, December 11, 2019 – Millicom International Cellular SA (“Millicom”) announced today the CSSF regulatory filing of the form: ANNEX A: Standard form for notification of major holdings (attachment) -END- For further information, please contact Press: Vivian Kobeh, Corporate Communications Director +1 786 628 5300 firstname.lastname@example.org Investors: Michel Morin, VP Investor Relations +1 786 628 5270 email@example.com Sarah Inmon, Investor Relations Manager +1-786-628-5303 firstname.lastname@example.org About Millicom Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle services through its principal brand, TIGO. As of December 31st, 2018, Millicom operating subsidiaries and joint ventures employed
SBM Offshore signs FPSO Sepetiba contracts11.12.2019 18:09:00 CET | Press release
December 11, 2019 SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Sepetiba (formerly known as Mero 2). These contracts follow the signing of the binding Letter of Intent (LOI) as announced on June 11, 2019. FPSO Sepetiba will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 kilometers offshore Rio de Janeiro. SBM Offshore is progressing with the design and construction using its industry leading Fast4Ward® program as it incorporates the Company’s new build, multi-purpose hull combined with several standardized topsides modules. Delivery of the FPSO is expected in 2022. The Libra block, where the Mero field is located, is under Production Sharing Agreement to a Consortium comprised of Petrobras, as the Operator, with 40 percent, Shell with 20 percent, Total with 20 percent, CNODC with 10 percent and CNOOC Limited with 10 percent interest. The Consortium also has the
Floris Deckers to retire as Chairman of the Supervisory Board11.12.2019 18:00:00 CET | Press release
December 11, 2019 At the Annual General Meeting (AGM) of April 8, 2020 Floris Deckers will retire as Chairman of the Supervisory Board after having completed the maximum 12 years of service. It is the intention of the Supervisory Board to appoint Roeland Baan as successor. Roeland Baan joined the Supervisory Board in 2018. At the AGM Tom Ehret will also retire after having completed the maximum 12 years of service. The Supervisory Board is concluding the process for succession. The Supervisory Board further announces its intention to propose to the AGM to reappoint Bruno Chabas as CEO. The full agenda of the AGM of 2020 will be published on February 26, 2020. Corporate Profile SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”). SBM Offshore provides floating production solutions to the offshore energy industry, ove
Kiadis Pharma announces change to management board11.12.2019 17:45:00 CET | Press release
Amsterdam, The Netherlands, December 11, 2019 – Kiadis Pharma N.V. (“Kiadis” or the “Company”) (Euronext Amsterdam and Brussels: KDS), a clinical stage biopharmaceutical company, today announces that Scott A. Holmes, the Company’s chief financial officer and member of the Company’s management board, is stepping down to pursue other opportunities. Mr. Holmes’ resignation will be effective December 31, 2019. “I want to thank Scott for his contributions to Kiadis; on behalf of the supervisory board and myself, we wish Scott well in his future endeavors,” Arthur Lahr, CEO of Kiadis commented. “Following our recent restructuring, Kiadis is an earlier stage company with a strong management team to advance our Company through our next phase of growth. As such, we do not plan to fill the CFO role as Scott’s responsibilities can be taken over by other management team members, specifically Amy Sullivan and Paul van Hagen.” Ms. Sullivan joined Kiadis in January 2019 as SVP, corporate affairs and