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Wison Offshore & Marine Ltd., a Shanghai-based subsidiary of the Wison Group, said it signed a memorandum of understanding with Black & Veatch of the US to pursue jointly barge-based LNG facility projects on an exclusive basis.
BG Group of the UK has awarded a major $800 million contract for water treatment plants for coal-seam gas in the Surat Basin of Eastern Australian as part of  the Queensland Curtis LNG project.
Woodside Petroleum Chief Executive Peter Coleman has explained why he's not going ahead with the current proposed onshore development for a 12 million tonnes per annum Browse LNG project at James Price Point near Broome, Western Australia.
Woodside Petroleum has confirmed in a statement that it has completed its technical and commercial evaluation of the proposed Browse LNG Development near James Price Point and determined that the development concept does not meet the company's commercial requirements for a positive final investment decision.
Woodside Petroleum is expected to make an announcement to the Australian Stock Exchange that the $45 billion Browse LNG project in Western Australian will not go ahead in its present form.
BP said the LNG market in 2013 would be marked by limited increases in supplies and continued uncertainty surrounding the Japan requirement, as the UK company suffered more delays in the Angola project and further declines in production in Indonesia.
Free ReadThe George R. Brown Convention Center in Houston, Texas, is expected to draw more than 5,000 industry professionals from more than 80 countries, when the 17th International Conference and Exhibition on LNG opens on April 16. Among the many products being promoted will be a new LNG book. University of…
Argentine energy company YPF closed a buy tender on April 10 for LNG spot cargoes and has again fallen short of its requirement, despite paying prices as high as $16.50 per million British thermal units.
STX Offshore and Shipbuilding Co. of South Korea, which has been trying to build up its LNG carrier newbuilding portfolio, is seeking corporate debt restructuring with creditor banks.
Ophir Energy of the UK has confirmed sufficient feed-gas to underpin an LNG project for Tanzania in East Africa after taking its recoverable feed-gas estimates to more than 12.5 trillion cubic feet.