Gas Processing/LNG

Chevron and ENN sign LNG sales and purchase agreement

Chevron USA Inc. signed a binding LNG sales and purchase agreementwith ENN LNG Trading Company Ltd. for the delivery of LNG to China from Chevron’s global supply portfolio.

Wärtsilä, Gasum aim to develop LNG markets

Wärtsilä and Finland based Gasum signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications.

ExxonMobil, BP, ConocoPhillips decide not to invest in Alaska LNG

ExxonMobil will likely sell their share of the Alaska LNG JV with BP, Conoco Phillips and the state government, as they believe the project will not be profitable under current market conditions.

Shell and government of Gibraltar sign LNG supply agreement

The government of Gibraltar and Shell signed an agreement for the supply of LNG for use in power generation in Gibraltar.

Wärtsilä to supply re-gasification system for Höegh LNG ship conversion

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 delivers first LNG cargo to Toscana FSRU

RasGas shipped its first LNG cargo to the floating storage regasification unit in Toscana, Italy.

CIMIC Group issues update on Gorgon LNG lawsuit

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.

LNG slump, cost cutting spur rare output curb at Australian plant

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's gas paradox: supply crunch looms despite rich reserves

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 grants approval in principle for new IHI floating power generation concept

DNV GL has given IHI Corp. approval in principle for its floating LNG power station concept.