Thursday, 30 November 2006 10:59
KBR sale to test global LNG market
Halliburton, the largest energy services company in the US and a key LNG contractor, will release details in the next couple of weeks about the future of its KBR business.
The company is likely to announce that some parts of the business will be sold off and a separate company is expected to emerge from the engineering and construction unit that could be worth as much as $6 billion.
Halliburton is pushing forward with a plan muted since 2004 to sell KBR to investors as a separate company. It will start the process with a sale to investors in about six months’ time of 20 percent of KBR in an initial public offering.
The company is likely to announce that some parts of the business will be sold off and a separate company is expected to emerge from the engineering and construction unit that could be worth as much as $6 billion.
Halliburton is pushing forward with a plan muted since 2004 to sell KBR to investors as a separate company. It will start the process with a sale to investors in about six months’ time of 20 percent of KBR in an initial public offering.
Published in
Feb 06
Tuesday, 07 November 2006 17:26
Kaefer Group promotes vacuum insulation for LNG installations
By A Correspondent
Vacuum insulation has been known in industry in the form of double-jacketed pipes of varying constructions for many years but had to be refined for use in the LNG sector
When oil first came on stream natural gas was considered to be a more or less irksome by-product.
Today it has become another major pillar of the world's supply of energy and raw material.
On all continents plants and installations for the extraction and processing of natural gas are being built, and the list of medium-term and long-term projects is long.
Vacuum insulation has been known in industry in the form of double-jacketed pipes of varying constructions for many years but had to be refined for use in the LNG sector
When oil first came on stream natural gas was considered to be a more or less irksome by-product.
Today it has become another major pillar of the world's supply of energy and raw material.
On all continents plants and installations for the extraction and processing of natural gas are being built, and the list of medium-term and long-term projects is long.
Published in
May 2006
