Shell forecasts solid earnings as natural gas output rises and two Australian LNG plants back on track
Shell Plc, Europe’s largest energy company, has issued a first-quarter 2023 earnings forecast update with higher natural gas production and “higher uptime” at the Queensland Curtis LNG and Prelude FLNG plants in Australia.
LNG firm JGC reforms
Sept 1 (LNGJ) - JGC Holdings Corp. said it had brought in structural reforms in JGC Holdings itself and JGC Corp., the unit that operates the overseas engineering, procurement and construction (EPC) business of the JGC Group.
JGC Corp., based in Yokohama, has been an industry leader in the construction of LNG production plants in countries such as Australia, Malaysia, Qatar and Russia. “The corporate reforms aim to accelerate business-supporting global sustainability and to reinforce the use of digital transformation (DX),” said JGC. “The Group seeks to enhance competitiveness of comprehensive engineering operations by streamlining project execution,” it stated.
Japanese engineer JGC sees more contracts to go with Mozambique and LNG Canada plants
Japanese LNG engineering company JGC Corp. said it was moving forward with its contracts in the southeast African nation of Mozambique and with the LNG Canada joint venture.
