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The US Magnolia LNG export project in Louisiana said it had received a Notice to Proceed (NTP) from the Federal Energy Regulatory Commission, opening the way for preparation work to begin on the site for the liquefaction plant on the Calcasieu Shipping Channel near the Port of Lake Charles.
Cheniere Energy said first-quarter liquefied natural gas revenue from the Sabine Pass liquefaction and export plant in Louisiana, the first on the US Gulf coast, topped $1 billion.
Kongsberg, the Norwegian maritime technology company, has signed a contract with the German shipbuilder Fassmer for the delivery of equipment for the world’s first government-owned LNG-powered research vessel ordered by Germany.
Royal Dutch Shell sold 3.2 percent more liquefied natural gas in the first quarter, helped by higher output from the Gorgon LNG plant in Western Australia as income for the Integrated Gas division more than doubled.
Australian energy company Santos, a stakeholder in three Asia-Pacific LNG plants, said a block of its shares was bought by an equity fund from China, taking Chinese holdings in the Adelaide-based company to more than 15 percent.
US independent exploration and production company Devon Energy said it planned to sell upstream shale-gas assets worth around $1 billion, mostly in the Barnett shale area and which could be attractive to European and Asian LNG liquefaction tolling agreement holders.
International law firm Norton Rose Fulbright has hired LNG and shipping experts Jonathan Siu and Sung Hwan Choi for its shipping and offshore oil and gas team in its Singapore office.
Harvey Gulf International Marine has taken delivery of its fourth LNG-powered offshore supply vessel built at Mississippi’s Gulf Coast Shipyard in Gulfport.
NextDecade, the US LNG export project developer, has appointed French bank Societe Generale and Australia’s Macquarie Capital to act as joint financial advisors for the debt and equity financing of the Rio Grande project at the Texan port of Brownsville.
Tamrotor Marine Compressors, the Norway-based equipment supplier, has signed a contract with Hyundai Heavy Industries to supply a complete marine compressed air system to a newbuild floating storage and regasification unit the South Korean yard is building for Norwegian project developer and shipping line Hoegh LNG.