US energy engineering company KBR said it continued to see opportunities in 2016 in the liquefied natural gas and floating liquefaction sectors even as revenues sank in the third quarter.
Wison Offshore and Marine, the Chinese shipbuilder involved in LNG projects at its Nantong shipyard, has secured 4 billion Yuan ($630 million) financing from China Minsheng Bank.
A delegation from the Canadian LNG province of British Columbia, where multiple liquefaction export projects are being planned, has arrived in China for seven days of talks with energy and other officials.
The American Bureau of Shipping, the US classification society, was selected to class an LNG bunker barge under construction at a Texas shipyard that will be used to refuel ocean-going commercial shipping.
South African energy producer Sasol has jumped into the Mozambique LNG feed-gas equation by securing an exploration block shareholding with Italian energy producer Eni and others in a new bid round.
BG Group of the UK, preparing to be taken over by Royal Dutch Shell, posted a more than 60 percent income plunge in the third quarter, though despite challenging market conditions it delivered 75 LNG cargoes, including its first shipments to Egypt and Pakistan.
While Cheniere Energy's US Sabine Pass LNG export plant is scheduled to ship its first cargo by the end of January 2016, the Houston-based company's other liquefaction project at Corpus Christi in Texas is also making good progress.
Origin Energy, the upstream partner in the Australia Pacific LNG project with ConocoPhillips and China’s Sinopec, said the venture would produce LNG within a month and ship its first cargo shortly afterwards.
With none of the targeted 60-70% debt financing for Mozambique LNG secured as yet, Italy's Eni said on Friday it would decide by year-end on whether to make a final investment decision.
Chart Industries, whose business includes LNG equipment manufacturing, posted a profit drop as it adjusted to the downturn in the industry but remained upbeat concerning its technology agreement with US LNG engineering giant Bechtel Inc.