In this issue

 

Our Europe editor Fluor Corp., the Texas-based energy and LNG engineering and construction company, has completed its acquisition of Stork Holding BV of the Netherlands for more than $700 million…
US energy company Anadarko expects minimal funding on the Mozambique LNG project during 2016 as it works three parallel paths towards a final investment decision for its onshore liquefaction plant…
Our Asia-Pacific editor LNG Ltd., the Australian developer of two North American liquefied natural gas ventures in the US state of Louisiana and the Canadian province of Nova Scotia, said…
Energy Transfer Equity said it was still on course to make a final investment decision on the Lake Charles LNG export project in Louisiana with new partner Royal Dutch Shell…
The United States said it was keen to support the development of a liquefied natural gas import terminal in Croatia, either a floating facility or an onshore plant located on…
Our Asia-Pacific editor Energy World Corp. said it was aiming to complete the first LNG import terminal in the Philippines by December 2016 as it outlined its strategy for the…
KBR Inc., the Houston-based US energy and LNG engineering company, has posted strong fourth-quarter earnings after previously overhauling the business after a previous loss of over $1 billion.
Our Asia Pacific editor The one-month countdown is beginning for the most important liquefied natural gas conference to take place in recent years, the LNG 18 event scheduled for April…
Our Europe editor Spanish energy company Endesa is building up its liquefied natural gas fueling business and has just opened up a new station to service several more towns in…
MEO Australia, the developer of the postponed Tassie Shoal LNG project in the Timor Sea, continues to push ahead with its preferred operations in Cuba and has just raised funds…
Flogas Britain, the UK’s leading liquefied natural gas distributor via trucks, has completed a multi-million pound investment in its LNG distribution fleet as it continues to expand.
Our Europe editor The German Baltic port of Rostock has carried out its first liquefied natural gas fueling operation involving a ship owned by a Norwegian-Swedish joint venture and the…
Three LNG carrier fleet owners, Golar LNG, GasLog and Dynagas said their pooling arrangement aimed mainly at the spot market had initiated dialogue on “innovative chartering arrangements.”
Maputo sanctioned development of first phase of venture to move towards gas production Our Europe editor Italy’s Eni posted a massive 7.8 billion euros ($8.5Bln) of quarterly losses due to…

News Nudges

Algeria gas hand-over

Sonatrach, the Algerian state energy company and operator of two LNG export plants on the North African coast, signed its acceptance of the Touat gas project in southwest Algeria being passed to Groupement Touat Gaz (GTG), a joint venture between Sonatrach and Neptune Energy of the UK. Operation of the facility had previously been in the hands of the project contractor, Spain’s Técnicas Reunidas, since the first gas was sent into the Algerian domestic gas pipeline network in September 2019.


Brunei LNG contract

Brunei LNG has awarded a 10-year contract to local company SPHI Marine to supply three tugboats and one anchor-handling tug to support shipping operations at the Lumut facility. SPHI said the contract included a five-year extension option. The Brunei-owned and flagged vessels will replace the tugs of Dutch firm Kotug, which are currently servicing the LNG plant.


Korea energy orders fall

South Korean shipyards are expecting new firm LNG carrier orders after Qatar booked construction berths, but no new orders have been received in 2020 for oil and gas platforms or offshore facilities, reflecting the depressed state of the energy market. Hyundai Heavy Industries has received no orders for offshore facilities since October 2018 when it signed a $450 million deal with a US oil developer LLOG Exploration to build a floating production system, according to the latest data.