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Liquefaction

King & Spalding advise on Elba LNG EPC contract

King & Spalding has announced that it has advised Elba Liquefaction Co. LLC and Southern LNG Co. LLC on the development of an engineering, procurement and construction contract for the expansion of the Elba Island LNG facility.

 
 
 

Magnolia LNG and KSJV extend agreement

Magnolia LNG and KSJV have reached an agreement to extend the pricing validity on an EPC contract price through 31 December 2016.

 
 
 
 

Lloyds Energy signs letter of intent with KDJV

Lloyds Energy has announced that it has signed a letter of intent with KDJV for a FEED/EPCIC conversion contract for the development of nearshore floating LNG facilities.

 

Saipem and DESFA sign MoU

Under the MoU, the two companies will cooperate on a number of projects including LNG and FLNG facilities.

 

Light at the end of the tunnel

The Economist Intelligence Unit, UK, explains why US LNG exports still have a lucrative future, despite the current low price market.

 

Santos reports slight increase in revenue in 1Q16

According to Reuters, Santos Ltd reported a 1% increase in its 1Q16 revenue as it increased coalbed methane sales to its Gladstone LNG facility, offsetting the collapse in oil and gas prices.

 
 
 

InterOil enters new credit facility

InterOil Corp. has announced that it has entered a new US$400 million senior secured CAPEX facility – CFO says it highlights lenders’ confidence in the Papua LNG project.