LNG

EnerMech of the UK has been awarded a pre-commissioning subcontract by Technip Oceania, part of TechnipFMC, on the Royal Dutch Shell Prelude floating LNG project under development for offshore northwest Australia.

The US Center for Liquefied Natural Gas has written to the US Energy Secretary Rick Perry and congressional leaders to urge approval of all pending LNG export permits and for an expedited regulatory process underpinned by legislation to unleash potential for creating up to 450,000 jobs by 2035.

Sovcomflot, Russia’s largest shipping company with a growing LNG fleet and a new vessel marking French LNG industry ties to Russia, posted a more than 40 percent drop in annual net profit dropped to $206.8 million from $345.5M the previous year in the depressed spot and time charter markets.

The Algerian government has called on state energy company Sonatrach to move forward and adapt to changes after the appointment of a new chief executive three months after an unscheduled shutdown of liquefied natural gas production and as a venture to increase gas pipeline supplies to Europe is scheduled to come…