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US energy and liquefied natural gas project engineering company McDermott has been awarded an initial contract as part of a venture for the development of a natural gas field offshore Vietnam, one of the newest LNG importing nations.
UK major BP posted solid results in the third quarter that saw the Chief Executive resign while in company activities a very strong oil trading result along with higher oil and natural gas production were partly offset by weaker natural gas marketing and trading results.
Free ReadPetronet LNG, the owner of the largest Indian import terminal at Dahej in the West Coast state of Gujarat and a smaller facility at Kochi in the southwest state of Kerala, reported 10 percent higher fiscal second-quarter net profits, though revenues dropped by over 22 percent from the same quarter…
JERA Co. Inc., Japan’s biggest liquefied natural gas importer and utility company, reported an almost 8 percent increase in quarterly revenues and a swing to profit compared with a loss in the same three months of last year.
Chiyoda Corp., the leading Japanese liquefied natural gas and energy engineering company, has been awarded a contract by Japan’s Mitsubishi Corp. to study the establishment of carbon-capture and storage (CCS) value chains in Japan and elsewhere using its expertise in LNG liquefaction.
Free ReadThe North Sea Transition Authority (NSTA) is awarding 27 new oil and gas licences aimed at strengthening domestic energy security as a necessary back-up for renewables and to help reduce the mounting import bill for pipeline natural gas, LNG and oil. A total of 27 licences have been offered in…