Floating LNG

Norges Bank Investment Management will vote in favour of a merger between Shell and BG Group.

Wood Group Kenny has been awarded a contract by Shell to provide consultancy services for flexible riser integrity management on the Prelude FLNG vessel.

Pakistan has launched a tender for a second LNG terminal in Port Qasim, Karachi, which it hopes will alleviate the current energy crisis.

Excelerate Energy has announced that it has partnered with Radius, which will provide global accounting, financing, banking, HR, tax, legal and compliance support for its FSRU and LNG operations.

ABS Group will develop an intelligent maintenance strategy for Golar’s new FLNG fleet.

The Russian Maritime Register of Shipping has been selected to class a new floating storage and regasification unit, which is being constructed for Gazprom Flot.

HiLoad LNG has entered into a Technology License Agreement with Vires Energy Corp. for an LNG receiving and regasification terminal in the Philippines.

The preliminary sales revenue of Klaipedos Nafta’s LNG terminal stood at €68 million for the period ended 31 December 2015.

POSH Terasea has released a statement claiming that it has been awarded a contract by Shell to tow and position the Prelude FLNG vessel, and to take charge of the overall towage project management.

Clyde & Co has released a statement claiming that it has advised on contracts for the West African Gas Ltd LNG project in Ghana, Africa.

Keppel Shipyard Ltd has secured a conversion contract for an LNG Floating Storage Unit vessel awarded by Armada Floating Gas Storage Ltd.

Petronas has issued a statement updating on the progress of its PFLNG1 project.

Clough AMEC Pty Ltd has announced the award of a new three year contract with Conoco Phillips in Australia, to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development.

Hyundai Heavy Industries Group has released a statement claiming that it has gained ‘World Class Products’ certification for five new products, including an FSRU and an LNG carrier.

Douglas-Westwood has announced that it has released its new ‘World LNG Market Forecast 2016 – 2020’, predicting continued CAPEX growth in the LNG industry.