LNG

JGC Corp Chairman and Chief Executive Masayuki Sato, whose company was awarded the LNG Canada contract, said the engineering, procurement and construction business was now surging ahead and a high level of performance was crucial for all contractors worldwide.

US energy and LNG engineering companies McDermott International and CB&I announced their global name and brands as a last-minute alternative bid for McDermott by a Norwegian rival, the Subsea 7 company, was rejected.