Floating LNG

“At this point, we have taken the decision to re-phase the Petronas Floating LNG 2 project, to be commissioned at a later date than originally planned,” said Datuk Wan Zulkiflee, Petronas CEO.

The AltaGas-led Douglas Channel LNG Consortium has halted development of its proposed small scale floating LNG project in Canada.

Eni has announced that the Government of Mozambique’s Council of Ministers has approved its plan of development for the coral discovery, which will involve the installation of a floating LNG unit.

Cape has signed a contract with Samsung Heavy Industries for the installation of insulation to the cryogenic pipework on the process topside on the Prelude FLNG facility.

King & Spalding’s London office will advise GNPC on its Tema LNG project in Ghana.

PBJV Group Sdn Bhd has received a subcontract agreement from Petronas Floating LNG 1 for offshore works.

A proposed FSRU-based LNG terminal in Kakinada, India, has received environmental clearance.

Höegh LNG has announced that it is to put all FLNG activities on hold as it increases its focus on FSRUs.

The UK Listing Authority and London Stock Exchange has cancelled trading of BG shares following the acquisition by Shell.

Royal Dutch Shell has formally completed its acquisition of BG Group.

The High Court of Justice in England and Wales has sanctioned Shell’s acquisition of BG Group.

Golar LNG has entered into a purchase agreement to sell the Golar Tundra FSRU to Golar LNG Partners.

Mark Adeosun, Douglas-Westwood, UK, offers a forecast for the LNG market to 2020, with a particular emphasis on developments in Asia.

LNG Ltd has released a statement claiming that Magnolia LNG and Meridian LNG Holdings Corp. have agreed to extend the financial close date condition precedent for Magnolia LNG.

BG Group has announced that its shareholders have voted in favour of a combination between Shell and BG Group.