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Friday, 24 February 2017
KBR Inc., the US energy and LNG project engineering company, posted revenue in the fourth quarter of $1.2 billion compared with $1.1Bln in the same three months a year ago as it also took a small hit on an Australian LNG project and reported overall net losses.
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Friday, 24 February 2017
Sevan Marine, the Norwegian engineering services company, said it signed a long-term framework agreement with US major ExxonMobil for the provision of services and use of Sevan’s floating LNG cylindrical hull technology.
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Friday, 24 February 2017
Chart Industries, one of the leading providers of liquefied natural gas liquefaction and storage equipment, swung to a net profit for 2016 from a previous loss amid signs of a rebound in the industry as the company sought more business like the recent order for an LNG import terminal in the British overseas…
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Friday, 24 February 2017
Gaztransport and Technigaz (GTT), the French owner of liquefied natural gas maritime and other storage technologies, said annual net profits edged higher as the shipping industry began to emerge from its slump.
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Thursday, 23 February 2017
An Australian plan to deploy a floating storage and regasification unit (FSRU) or build an onshore terminal to bring LNG cargoes into the East Coast could be viable to supply the domestic markets in three states and to offset the massive export flows.
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Thursday, 23 February 2017
The Israeli Leviathan natural gas project in the East Mediterranean, which will impact the regional LNG market, has taken a positive final investment decision to proceed with phase one of the development plan to come on stream by the end of 2019.
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Thursday, 23 February 2017
The latest expansion in Australian and US liquefied natural gas supply capacity, which is costing developers more than a quarter of a trillion dollars to build, was boosted by a spike in demand from Asia supported by abundant American shale gas supplies at low prices.
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Thursday, 23 February 2017
The General Dynamic NASSCO shipyard in San Diego, California, has begun sea trials for the latest LNG-ready petroleum products carrier built for US shipping line Seacor Ocean Transport Inc.
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Thursday, 23 February 2017
Woodside Chief Executive Peter Coleman said the Browse LNG project originally planned as an onshore plant in Western Australia, then switched to be a floating LNG venture could be brought back onto land again if such a move is merited by economic circumstances.
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Wednesday, 22 February 2017
Delek Group of Israel said loan documents were signed for up to $2.5 billion for the development of the Leviathan project in the East Mediterranean offshore Israel to supply natural gas to regional customers such as LNG importer Jordan.
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