LNG

  Hamworthy, the maker of LNG regasification equipment which can be retrofitted to carriers to be used as floating import facilities, has issued an upbeat trading report. The company, listed on London’s Alternative Investment Market, said its order book remained “healthy” at 256 million pounds ($400M) at the end of…

  ConocoPhillips has purchased Marathon Oil's 30 percent stake in the Kenai LNG liquefaction plant, the only US LNG export facility and operated by the two companies since 1969. The transaction was completed as the Kenai facility, which has a nameplate capacity of around 700,000 tonnes per annum of LNG…

  Concentric Energy Advisors Inc. of the US said they hired Jane P. Michalek as Vice President and would benefit from her more than 30 years of experience in the LNG industry. “Michalek has served in operating, commercial, and business development functions throughout her career,” said a statement from Concentric, the…

 A.P. Møller Mærsk confirmed its intention to sell the LNG carrier fleet of subsidiary Maersk LNG to Canada’s Teekay and Marubeni Corp. of Japan for $1.4 billion in cash. Maersk LNG owns six LNG vessels outright as well as two one-quarter shares of two vessels owned through limited partnerships.