Iberdrola, Spain's No. 2 energy company and one of Europes biggest LNG buyers, said it has agreed to buy Scottish Power of the UK in a deal worth 17.2 billion euros ($22.6Bln) to spread its customer reach in the Atlantic Basin.
Malaysia Marine & Heavy Engineering (MMHE), a unit of Malaysia International Shipping Corp. (MISC), said its Pasir Gudang shipyard now has the capacity for LNG carrier drydocking and refurbishment.
Technip, Europe's leading LNG engineering firm, saw its shares drop Monday after Italian energy company ENI said it wasnt planning to bid for the French company.
Excelerate Energy, the US market leader in using specially adapted LNG carriers as import terminals, has chosen RWE, Germany's second-largest power company, to market the LNG Excelerate plans to import into the UK from January.
Technip, Europe's leading LNG engineering firm, saw its shares jump Friday amid speculation it could merge with Italian rivals Saipem and Snamprogetti to create a world leader in LNG plant and terminal construction.
Woodside Energy, the Australian liquefied natural gas producer, said it has a taken stakes in nine exploration blocks in the Santos Basin off southeastern Brazil.
The $700-million Broadwater LNG project to be located in Long Island Sound, off New York State, has gained initial environmental approval from the US Federal Energy Regulatory Commission.
Indonesia and Japan will discuss LNG imports when Indonesias President Susilo Bambang Yudhoyono visits Tokyo, with state-owned energy company Pertamina planning to cut annual exports by as much as 60 percent when some contracts expire in 2010.
Golar LNG, the shipping company with a midstream investment strategy, reported increased operating income of $23.9 million for the third quarter because of improved spot vessel earnings, but still posted a net loss for the three months of $5.9M because of interest rate swaps.
Qatar Gas Transport Co. (Nakilat) said it signed a deal with the shipping arm of Royal Dutch Shell for the management of Qatar's new LNG carrier fleet.