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Friday, 07 October 2011
Wärtsilä, the Finnish marine propulsion company, said it would supply LNG-fuelled engines for two US-flagged offshore support vessels for operation in the Gulf of Mexico The company was awarded the contract from Harvey Gulf International Marine and includes options for supplying propulsion equipment for additional vessels. Wärtsilä will deliver…
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Friday, 07 October 2011
Bechtel Corp, the leading LNG engineering company for liquefaction ventures, said three coal-seam-gas-to-LNG projects it was working on in the Australian state of Queensland were currently on track. Bechtel’s energy business has been one of the main builders of worldwide liquefaction capacity and the Australian CSG-to-LNG plants will be…
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Friday, 07 October 2011
Origin Energy, the coal-seam-gas provider for the Australia Pacific LNG project in Queensland, announced the successful pricing and allocation of a US$500 million Senior Unsecured Notes offering in the US to help finance the LNG venture. The notes are due 14 October 2021 with a coupon of 5.45 percent,…
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Thursday, 06 October 2011
Total said it signed final agreements with Novatek of Russia to jointly develop the Yamal LNG project in the Arctic region and in which the French company would have a 20 percent share. Novatek intends to keep at least a 51 percent interest in the project, a statement said.…
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Thursday, 06 October 2011
The American Gas Association was selected to hold the Presidency from 2015-2018 of the International Gas Union, the most important natural gas and LNG world body, and will also host the 27th World Gas Conference in Washington DC. In an Olympic-style vote with Qatar and the Republic of Korea, the…
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Thursday, 06 October 2011
LNG supplies and natural gas-fired power are key to Europe’s energy future, and around $90 billion per annum will have to be spent on infrastructure if the European Union is to meet its stated energy goals, according to one of the world’s leading energy think-tanks. IHS Cera, based in…
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Thursday, 06 October 2011
WorleyParsons, the LNG engineering company, said it was awarded a contract for construction management services on the Chevron-led Wheatstone LNG project. The Australian company is now working on many of the major contracts among almost a dozen being developed in the country, including Pluto LNG, Gorgon LNG and the…
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Wednesday, 05 October 2011
Chart Industries, the maker of LNG equipment for storage and distribution, said it was expanding its US manufacturing capacity because of a surge in demand in North America.
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Wednesday, 05 October 2011
Anadarko Petroleum Corp. of the US said its drilling campaign offshore the African state of Mozambique has been so successful that it was now planning an expanded LNG production project comprising a minimum of two liquefaction Trains. The Trains would each have a capacity of 5 million tonnes per…
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Wednesday, 05 October 2011
Kuwait said it was extending the LNG import season for its dock-side regasification facility at Mina Al-Ahmadi, and was expecting to have imported as many as 47 LNG cargoes during 2011 when its seasonal purchases end in November. Jamal Al-Loughani, Senior Marketing Executive at Kuwait Petroleum Corp., said the…
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