LNG

One of the most respected meteorologist groups in the United States has forecast a more active US Gulf Coast hurricane season in 2022 that would lead to the temporary shutting of oil and gas production and LNG export facilities.

McDermott International, said it had received unsolicited approaches to sell all or part of its Lummus Technology business with a valuation exceeding $2.5 billion and analysts said this could be the starting point for a corporate overhaul.