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The Indian Hiranandani group said a floating storage and regasification import project at Jaigarh port near the West Coast city of Mumbai is on scheduled to start commercial operations by the fourth quarter of 2018.
Mitsui & Co., the Japanese conglomerate and LNG market participant in the shipping and project sectors, has completed the takeover of Australian natural gas operator AWE and has immediately agreed to acquire a gas plant in the state of Victoria in southeast Australia.
Fluor Corp., the US LNG and energy engineering company recently lined up for the possible LNG Canada project, said its Netherlands-based subsidiary Stork was awarded a three-year contract by Royal Dutch Shell for work on its natural assets in the southern North Sea.
Marathon Petroleum Corp. has agreed to take over Andeavor in a $23-billion deal that would create a powerful US refining, marketing and midstream company with a huge presence in Permian Basin shale in the latest merger to coincide with rising oil prices.
Malaysian International Shipping Corp., whose LNG fleet comprises almost 30 vessels, has taken delivery of an additional ship and newbuild, the “Seri Cemara”, the fifth in a series of five vessels with Moss-type storage tanks as the company makes advances in revenues and assets in cooperation with state energy company…
Origin Energy, a shareholder in the Australia Pacific LNG export plant in Queensland along with Sinopec of China and ConocoPhillips, said the facility shipped 30 cargoes in the first quarter as its own nine-month revenues soared from LNG and natural gas revenues.
Indian Oil Corp., the refining and fuel marketing company, is progressing with the Kamarajar Port LNG import project being developed near Chennai and set to be the first ragasification facilities to come on line on the East Coast of India.
The Papua New Guinea LNG export plant, operated by US major ExxonMobil Corp., has fully re-started operations and exports with the second processing Train set to ramp up to full capacity during May following a temporary shutdown of operations when associated infrastructure was damaged in the February 26 earthquake.
US energy engineering company Fluor Corp. and its Japanese joint venture partner JGC Corp. have confirmed they were selected as the engineering, procurement and construction contractors for the Royal Dutch Shell-led LNG Canada liquefaction and export facility proposed for Kitimat in British Columbia.
JGC Corp., the leading Japanese liquefied natural gas project engineering company, has signed a cooperation agreement with a major shipyard in northeast China to seek contracts for floating and modular LNG projects.