In this issue

 

Plans include fuel for shipping and onshore transport in the Pilbara region

Our Asia-Pacific editor

Australian liquefied natural gas producer Woodside Energy is planning to help the growth of a market for LNG as a fuel for shipping and onshore transport and is targeting the Pilbara region of Western Australia because mining companies use billions of litres of replaceable diesel and heavy fuel oil for their operations. 

Our North America editor in New York

Royal Dutch Shell Chief Executive Ben van Beurden said expansion of natural gas and LNG activities would be one of his company’s key contributions to reducing greenhouse-gas emissions. 

Our North American editor in New York

Tellurian Inc., the developer of the Driftwood LNG project in Louisiana and whose Chairman is former Cheniere Energy Chief Executive Charif Souki, has issued a prospectus for a proposal to sell shares on the Nasdaq Capital Markets stock exchange valued at up to $200 million. 

The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner is following the trend for large liquefaction projects on the Gulf Coast to list on the stock exchange by setting up a merger with a listed firm. 

Our Europe editor

Gasunie, the Dutch natural gas company and Rotterdam LNG import terminal co-owner, said profits plunged because of an impairment linked to a regulatory ruling as revenues also declined amid more small-scale LNG shipments and low-calorific conversion of pipeline gas because of the cap on Groningen field production. 

US shipping line Crowley Maritime Corp. and project development and supply company Eagle LNG Partners said they had begun construction of a new liquefied natural gas fueling facility in Florida. 

US trucking and parcel delivery company UPS said it planned to add 50 liquefied natural gas vehicles to its alternative fuel fleet as part of new investments of more than $90 million in natural gas transportation and fueling stations. 

Our Europe editor

Wood Group, the UK energy services company based in Aberdeen, has reached an agreement to take over the London-listed energy and LNG project engineering company Amec Foster Wheeler in an all-share deal valued at more than 2.25 billion pounds ($2.75Bln). 

Our Middle East editor

Qatar Gas Transport Co., the Qatar LNG carrier operator also known as Nakilat, gave an upbeat message at its annual meeting in the Qatari capital Doha as it continued the process of taking back all its vessels from the operatorship of the Shell shipping unit and posted an annual net profit of 955 million Qatari riyals ($262M). 

Oil Search, a stakeholder in the Papua New Guinea LNG plant and the joint venture planning its expansion, has released mixed results from the latest field drilling for additional feed-gas resources onshore the Oceania nation. 

The Myanmar government is planning an international tender during the second quarter for the Asian nation to acquire its first LNG import facility in the form of a floating storage and regasification unit. 

Our North America editor in New York

The Canadian province of British Columbia still holds out hope of developing a liquefied natural gas industry while welcoming plans by pipeline company TransCanada to ship its gas to cities like Toronto and to compete in the US for now instead of shipping LNG cargoes to Shanghai and Tokyo. 

Ineos, one of the largest global chemical companies and the importer of the first US shale-gas cargo into the UK, is now broadening its presence in British shale gas exploration to lessen its future reliance on imports. 

Our Asia-Pacific editor

Australian engineering company WorleyParsons, whose past projects have included working on the Singapore LNG import terminal and liquefaction plants in Western Australia such as Wheatstone LNG, has signed a long-term, multi-regional agreement with Chevron for engineering and procurement services. 

News Nudges

CB&I CEO to retire

CB&I, the US energy and LNG engineering company, said Philip K. Asherman would be retiring, aged 66, from his positions as President and Chief Executive from July 1 and would be replaced by Patrick K. Mullen. “CB&I's Supervisory Board is grateful for Phil's service and congratulates him on his nearly 12 years of leadership of what has become one of the premier energy infrastructure companies in the world,” said L. Richard Flury, Non-Executive Chairman of the CB&I Supervisory Board. New CEO Mullen, aged 52, was named Chief Operating Officer in 2016 after previously serving as Executive Vice President and President of CB&I’s Engineering and Construction unit where he was responsible for worldwide operations.


Ever cleaner LNG plan

Woodside Petroleum, the major Australian LNG producer, has signed a seven-year contract with a company called Contract Resources to use its planned facility in Karratha, Western Australia, to process spent catalysts and hazardous waste by-products from LNG production and the oil and gas stream process. The Contract Resources secure storage, processing and purification plant will be the first of its kind in Australia and construction is expected to commence shortly.


UK’s gas network profit

National Grid, the UK utility and owner of the Grain LNG import terminal southeast of London, said its annual operating profit from UK Gas Transmission increased 5 percent to 511 million pounds ($662M). “UK Gas Transmission delivered a solid performance,” the company said.