LNG

Feb 19 (LNG) - Marathon Oil Corp., owner of 60 percent of the Equatorial Guinea LNG plant on Bioko Island in the West African nation, plans to spend $429 million on its international assets, primarily in Equatorial Guinea and Iraqi Kurdistan, while cutting back substantially elsewhere. The Houston-based company announced $3.5 billion in capital investments and in its exploration budget for 2015. More than $1.4 billion in capital spending is earmarked for the Eagle Ford Shale in South Texas, a future supplier of feed-gas for LNG, including $1Bln for drilling and well completions.