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Hamworthy of the UK is to supply onboard vaporiser systems for two 145,000 cubic metres capacity shuttle regasification vessels ordered from Samsung Heavy Industries to serve the Neptune LNG deepwater terminal to be sited offshore Boston, Massachusetts.
The Gorgon LNG project participants Chevron Corp., ExxonMobil Corp. and Royal Dutch Shell said they were confronted with “an over-heated global construction market” and would be doing additional evaluation work to ensure the project off northwest Australia is internationally competitive.
Invensys Process Systems, a unit of the London-based company which uses computer-based solutions for the automation and regulation of plant operations, said it was selected to implement the operator training simulation system for Cheniere Energy's Sabine Pass LNG receiving terminal being built in Cameron Parish, Louisiana.
Qatar Petroleum and Marubeni Corp. of Japan have signed a heads of agreement for the sale of approximately one million tonnes per annum of LNG from the Qatargas 4 project in which the Japanese company will also be offered an equity stake.
California Governor Arnold Schwarzenegger voiced his support for LNG in the state, a day after a state commission voted to deny Australia’s BHP Billiton permission for a regasification terminal off the coast of Malibu.
In the first-ever European class settlement of securities fraud claims, a group of more than four dozen European institutional investors has agreed to resolve all claims against Royal Dutch Shell, the leading LNG company, for an agreed settlement of about $450 million over Shell’s allegedly improper reporting of its proven oil and gas reserves.
A county in the state of Oregon plans to bring in independent consultants to carry out a public safety assessment of the proposed Bradwood Landing LNG import terminal, with the terminal developers funding the study.
ExxonMobil Corp and Australian and Japanese partners said they would begin a study into the potential for an LNG production plant from three natural gas fields in Papua New Guinea.
BG Group, one of the world’s leading LNG companies, announced that its annual BG Energy Challenge will take place in Stirling, Scotland, from July 5 to 8 and will bring the UK energy industry together to raise money for overseas humanitarian aid and children’s medical research charities.
The world’s first exchange-traded spot contract for LNG could be launched in 2008 by the International Mercantile Exchange (Imex), a refined products trading platform which is being set up in Qatar.
