LNG

JERA Co. Inc, Japan’s biggest liquefied natural gas importer and utility company, has agreed to acquire a large stake in the Scarborough gas field development offshore Western Australia from Woodside Energy for US$1.5 billion, giving a financial boost to the Pluto LNG expansion.

Woodside, the Australian LNG plant operator, said it awarded a contract to the local subsidiary of Dutch dredging and heavy-lift company Boskalis to undertake seabed intervention and excavation works for the proposed Scarborough natural gas pipeline.