LNG

Gaztransport and Technigaz (GGT), the French LNG containment tank system designer, has signed a contract to provide storage for three gravity-based structures that will form the liquefaction and export operations of the Arctic LNG II project proposed by Novatek of Russia for the Gydan Peninsula.

Saipem, the Italian energy and LNG engineering company, said it is part of a joint venture awarded a contract worth around $2.5 billion for the design and construction of the platform-based Arctic II LNG project being developed by Russian natural gas company Novatek.