Malaysia and Bangladesh have signed an accord to move towards the Bangladeshis becoming importers of Malaysian liquefied natural gas as other regasification facilities are considered in addition to the floating terminals already operating in the Bay of Bengal.
Malaysian International Shipping Corp., whose LNG fleet comprises almost 30 vessels, has taken delivery of an additional ship and newbuild, the “Seri Cemara”, the fifth in a series of five vessels with Moss-type storage tanks as the company makes advances in revenues and assets in cooperation with state energy company Petronas.
TechnipFMC, the recently merged Franco-US energy and LNG engineering company, reports its second-quarter earnings after the New York Stock Exchange closes on July 26 as its shares dropped following an admission it had made errors in its first-quarter report.
Malaysian energy company Petronas said the world’s first floating liquefied natural gas production plant has received its first feed-gas from the Kanowit field it is deployed over in an area 180 kilometres offshore Sarawak and the commissioning process is well underway as the project advances towards start-up.
French energy and LNG engineering company Technip said it was advancing strongly towards its merger with US peer FMC Technology amid stable revenues and progress on its Russian liquefied natural gas project and its two floating LNG ventures in the Asia-Pacific region.