Woodside Petroleum has launched a share sale to raise about A$2.5 billion (US$ 2.3Bln) to prepare its balance sheet for investments in the Pluto LNG expansion project and the planned Browse LNG and Sunrise LNG ventures.
Canadas ShawCor Ltd. said its pipe-coating division received a contract to provide pipeline coatings and related services for 900 kilometres of pipeline planned for the Papua New Guinea LNG project being developed by an ExxonMobil-led consortium.
The fifth China-built LNG carrier, the 147,000 cubic metres capacity Dapeng Star, has been delivered by the Chinese Hudong-Zhonghua Shipyard to its owners, China LNG Shipping.
CB&I, the leading US LNG project engineering firm, and Japans JGC Corp. and Chiyoda are among the companies with contract awards for the PNG LNG project.
Petrobras, the Brazilian energy company, said Spain's Repsol and Portugal's Galp Energia have joined the Floating LNG project its planning to develop with BG Group of the UK.
Large-scale LNG projects will be necessary to meet increasing global demand for natural gas, Tom Walters, president of ExxonMobil Gas and Power Marketing, said at a conference in the Qatari capital Doha.
Energy engineering firm J. Ray McDermott, whose involvement in LNG has included projects in Qatar, named Stephen M. Johnson as its new President and Chief Executive amid a corporate overhaul.
Port Dolphin LNG project offshore Florida said the US Federal Energy Regulatory Commission issued a certificate of public necessity to build and operate a pipeline to connect its import facility to the shore.
Chevron Corp. announced that Tokyo Electric Power Co., the worlds second-largest corporate buyer of LNG, agreed to purchase more than 4 million tonnes per annum from the Wheatstone project and to take a stake in the venture.
Chevron Corp. said it awarded the front-end engineering and design contracts for the upstream portion of the Wheatstone LNG project offshore Western Australia.