LNG

Braemar Technical Services, the UK-based the marine and offshore services arm of the Braemar group, said it signed a memorandum of understanding with General Dynamics NASSCO to market a new, flat plate technology, LNG containment system developed by the US company.

South Korea imported 2 million tonnes less LNG last month than in the same period a year ago because of a high storage inventory and weaker domestic demand in a slower economy.

When BG Group Chief Executive Sir Frank Chapman (pictured) talks to a room full of investment bankers about money, transfers, positions, going forward and his tactics in the box, you would be forgiven for believing he was in line for the vacant position as the next manager of the England…

Golar LNG said it was in the market for more LNG newbuild carriers and second-hand vessels when available following its entry into two newbuild contracts, with fixed-priced options for two more, with the South Korean shipbuilder Hyundai Samho Heavy Industries Co.