Wärtsilä has been contracted to supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel.
RasGas shipped its first LNG cargo to the floating storage regasification unit in Toscana, Italy.
Australia’s CIMIC Group Ltd. released a statement yesterday about a Notice of Dispute the company issued in February relating to the Gorgon LNG Jetty and Marine Structures Project.
Spending cuts and weak global liquefied natural gas prices have forced the operator of the Gladstone LNG project in Australia to consider running the plant at less than full tilt.
Australia is on track to become the world's biggest LNG exporter by 2019, yet faces a looming shortage at home as states restrict new drilling onshore and cash-strapped oil and gas companies cut spending.
DNV GL has given IHI Corp. approval in principle for its floating LNG power station concept.
Korea Gas Corp. signed a memorandum of understanding with the Mexican state government of Yucatan to build an LNG import terminal and gas pipelines.
Shell Petroleum Development Co. has declared force majeure on gas supplies to the Nigeria Liquefied Natural Gas export facility on Bonny Island.
ExxonMobil Corp. urged a quick resolution to a dispute between the government of Papua New Guinea and disgruntled landowners, following a protest at its $19 B PNG LNG project over royalty disagreements.
Italian oil firm Eni has wrapped up long-running talks to sell a multi-billion dollar stake in its planned Mozambique LNG development to Exxon Mobil.