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Free ReadMcDermott International, the US LNG and energy engineering company overhauling its finances after Chapter 11 bankruptcy protection proceedings, said it was moving forward with the previously agreed sale of its Lummus Technology business. McDermott said it had received no higher bids for Lummus and would now execute the previously announced…
Sempra Energy, the California company operating the Cameron LNG export plant in Louisiana, has signed a fixed-price contract with US engineer Bechtel to construct its second Gulf Coast plant at Port Arthur in Texas to be backed by a subsidiary of Saudi Aramco, the largest oil producing company.
Somalia is returning to the international fold after decades of being known mostly for piracy, terrorism and violent militia activity. The Federal Republic of Somalia has agreed on an initial roadmap with the joint venture of ExxonMobil and Royal Dutch Shell focused on enabling exploration for oil and gas.
Free ReadAustralian LNG plant operator Santos has awarded contracts to European firms for the supply and installation of subsea infrastructure for the Barossa natural gas field that will provide future feed-gas for the Darwin LNG export plant in the Northern Territory. Santos, operator of the Gladstone LNG plant in Queensland and…
Italian energy company Eni and Sonatrach, the Algerian state-run company and LNG producer, have completed the construction of the natural gas pipeline connecting the Bir Rebaa Nord and Menzel Ledjmet Est fields in the Berkine Basin in southeast Algeria.
Kate Energy Holdings Inc., the Canadian company based in Calgary,  has entered into a long-term master services agreement with Ferus Natural Gas Fuels Inc. to secure liquefied natural gas from the Dawson Creek liquefaction facility in northeast British Columbia.
Tellurian Inc., the developer of the Driftwood LNG export project in Louisiana,  said it intended to reduce corporate spending and reorganize financing for its 2019 term loan as it prepares for uncertain market conditions.
Free ReadEnergy Transfer, the US pipeline and infrastructure company developing the Lake Charles LNG export plant with Royal Dutch Shell, has launched a binding supplemental open season for the Bayou Bridge Pipeline system from Texas to Louisiana. The Dallas, Texas-based company said it was soliciting additional shipper commitments for transportation service…
Qatar Petroleum President and Chief Executive Saad bin Sherida Al-Kaabi said that the work in implementing the project to increase Qatar's production of liquefied natural gas from 77 million tonnes to 126 MTPA by 2027 was going well and rejected claims the expansion was delayed.