LNG

JGC Holdings Corp., the Japanese energy and LNG engineering group whose current work includes the LNG Canada project and the Coral South floating LNG venture offshore Mozambique, posted lower net sales in the past fiscal year, though adjusted profits increased as it forecast a sector upsurge.

JGC Corp. of Japan, one of the leading global energy engineering companies with successful project completions such as Ichthys LNG in Australia and the Russian Yamal venture, has named its senior executive teams in an overhaul to create a holding company and separate new divisions.