McDermott, the US engineering company, said its storage business, CB&I, has been awarded a contract by Venture Global’s Plaquemines LNG project for two 200,000 cubic-metre storage tanks.
Royal Dutch Shell has signed an agreement to exit the depleting Malampaya gas field in the Philippines as the southeast Asian nation advances with several plans for LNG import projects to fuel gas-fired power projects.
The Philippines LNG project at Batangas Bay on the Filipino main island of Luzon has awarded construction and storage tank contracts to the world’s oldest tank erector, Chicago Bridge and Iron (CB&I).