LNG

Australian energy company Santos, a shareholder in three Asia-Pacific LNG plants, has acquired a stake in a new exploration and production play near significant gas discoveries in Papua New Guinea where the Adelaide-based operator already participates in the PNG LNG venture and its expansion project.

Gaztransport and Technigaz (GTT), the French LNG maritime storage tank firm, has acquired a majority stake in a Singapore-based technology company to reinforce its service portfolio in the area of LNG shipping.

Italian energy company Eni and its partners in the Mozambique Coral South floating LNG production joint venture offshore the southeast African nation have secured a project financing deal amounting to almost $4.7 billion from a group of export credit agencies.

The Canadian Woodfibre LNG export project backed by Indonesian businessman Sukanto Tanoto and his Singapore-based RGE Group and the only liquefaction plant venture with full permit approvals in the Pacific province of British Columbia, has chosen US engineering and construction company KBR Inc. to start preliminary services.