Floating LNG

According to Reuters, Trafigura and Gunvor have been shortlisted by Bangladesh to arrange the installation of two FSRUs next year.

ABS has announced that it has granted approval in principle to Hyundai Heavy Industries for its floating LNG hull design.

The global glut plaguing LNG markets may start to dwindle in five years according to a new report.

King & Spalding has released a statement claiming that it represented Mitsui O.S.K. Lines on its agreements with Swan LNG for an LNG terminal to be developed in Gujarat, India.

Wood Group has announced that it has signed a new five-year contract with INPEX Operations Australia Pty Ltd to provide subsea engineering services for the integrity of the Ichthys LNG project.

Keppel O&M has entered into a Heads of Agreement with Pavilion Energy and Indonesia state-owned PT Perusahaan Listrik Negara.

Halfwave has announced that it has been awarded a long-term contract by INPEX Australia for multiple in-line inspections.

Mitsui O.S.K. Lines Ltd has announced that it has signed agreements with Swan LNG Private Ltd regarding an LNG receiving terminal project in India.

New liquefaction projects drive forecast expenditure.

N-Sea has announced that it has commenced work in the Cameroonian offshore market, via a contract with Jumbo Offshore – a Dutch offshore lifting and transportation company.

Baker Hughes has announced a second major contract for Eni East Africa’s Coral South FLNG development.

Aqualis Offshore has announced that it has successfully completed its position keeping role for the Ichthys Venturer FPSO.

Höegh LNG Holdings has reported its financial results for the quarter and half year ended 30 June 2017.

Gunvor is committed to taking the full contract capacity of the Gandria FLNG vessel of 2.2 million tpy.

Rising LNG production over the last two years has exceeded demand and depressed prices.