LNG

Sevan Marine of Norway said its floating LNG solutions had attracted attention and remains a key part of the company strategy as it reported poor earnings amid cost-cutting.

IM Skaugen, the Norwegian operator of small-scale LNG carriers and other fuel vessels, narrowed its full-year losses as several bright spots remained in the liquefied natural gas shipping market, including serving small-scale hubs in Asia and elsewhere.

Air Water Inc., Japan's second-largest provider of industrial gases, has acquired a natural gas tank maker in Malaysia to build up the  small-scale LNG storage and transportation market in the Asia-Pacific region.

Former Cheniere Energy Chairman and Chief Executive Charif Souki, who was ousted as head of the US developer of the Sabine Pass and Corpus Christi liquefied natural gas export projects, has formed a new company to pursue LNG ventures with ex-BG Group executive Martin Houston.