JGC Corp. Holdings, the leading Japanese LNG engineering company that has just been awarded a contract for floating LNG in Nigeria, said it expected the US Cameron LNG terminal expansion project in Louisiana and the Freeport LNG Train 4 venture in Texas would move forward with engineering contracts in 2023.
UK major BP reported a loss for the third quarter of $2.5 billion, explained as the accounting effects of liquefied natural gas risk management, compared with a $3.1Bln profit for the previous 2021 quarter and $450M of losses posted in the same three months of 2020.
Kosmos Energy, the US shareholder in the floating LNG projects offshore the West African nations of Mauritania and Senegal, said in its third-quarter earnings that the ventures were making good progress, while the company posted a net loss.
Baker Hughes, the US liquefied natural gas equipment supplier, has secured an order from Qatar Petroleum to supply multiple main refrigerant compressors and turbines for the LNG producer’s North Field East LNG expansion.
Woodside, the Australian LNG export plant operator, has received a regulatory permit for the Scarborough gas field development offshore Western Australia, even as the final investment decision has been deferred until 2021.