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Thursday, 28 February 2008
Liquid Niugini Gas said it selected Bechtel Corp. of the US for front-end engineering and design and engineering, procurement and construction of its Papua New Guinea LNG project, and the ConocoPhillips Optimized Cascade process technology was chosen for the plant design.
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Wednesday, 27 February 2008
Inpex of Japan and France’s Total have signed a project facilitation agreement for the Ichthys LNG venture with the Australian Northern Territories government, which opens the possibility of the facility being located near the city of Darwin.
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Wednesday, 27 February 2008
Gaz de France, a leading LNG operator, posted a more than 8 percent rise in annual net income to 2.5 billion euros ($3.75Bln), with more profits coming from “year-end market conditions that enabled the group to take full advantage of its LNG portfolio.”
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Tuesday, 26 February 2008
Golar LNG, the carrier operator and regasification project investor, saw fourth-quarter revenue rise as its vessels were in demand for the spot market amid an unprecedented level of cargo diversions to Asia from the Atlantic Basin.
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Tuesday, 26 February 2008
Cheniere Energy, the US LNG import terminal developer, said it was considering options for its Sabine Pass facility due to open in Louisiana in the second quarter, including a possible sale.
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Monday, 25 February 2008
Daewoo Shipbuilding & Marine Engineering Co. held a naming ceremony for three Qatari Q-Flex LNG carriers at its Okpo Shipyard, the second such event held in South Korea in the past week for the world's biggest LNG vessel buyer.
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Friday, 22 February 2008
The Equatorial Guinea LNG project, which went on stream in May last year, will definitely have a second Train after an expansion agreement was finalized between the operator, Marathon Oil Corp. of the US, and the two main shareholders, Japan’s Mitsui & Co. and Marubeni Corp.
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Friday, 22 February 2008
The first cargo of LNG from StatoilHydro’s Snøhvit LNG project in Northern Norway to be delivered to the US has arrived at the Cove Point LNG terminal in the state of Maryland.
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Friday, 22 February 2008
Four new Q-Flex LNG carriers owned by Qatar Gas Transport Co. and its joint venture shipping partners were named at a ceremony at the Samsung Heavy Industries shipyard at Goje Island in South Korea, and will begin to enter service from April along with three other new carriers.
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Thursday, 21 February 2008
The huge Shtokman LNG project in the Barents Sea has advanced, with Russia’s Gazprom and its partners, France’s Total and Norway’s StatoilHydro, setting up a development company and starting the front-end engineering and design process.
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