JGC of Japan to change structure and outlines increasing risks in overseas LNG plant projects
JGC Corp. of Japan, one of the leading global energy engineering companies, has given a frank assessment of the risks posed by some overseas projects in terms of potential losses and outlined its activities and plans for the LNG Canada project, Ichthys LNG In Australia and the Russian Yamal LNG venture.
JGC Chairman Sato says LNG and energy business set for projects and investment surge
JGC Corp Chairman and Chief Executive Masayuki Sato, whose company was awarded the LNG Canada contract, said the engineering, procurement and construction business was now surging ahead and a high level of performance was crucial for all contractors worldwide.
Merging US firms McDermott and CB&I agree name and brands and reject late rival bid
US energy and LNG engineering companies McDermott International and CB&I announced their global name and brands as a last-minute alternative bid for McDermott by a Norwegian rival, the Subsea 7 company, was rejected.
