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Liquefaction

Gazprom and OMV sign asset swap agreement

Subject to the deal, OMV will acquire a 24.98% stake in the project developing Blocks 4A and 5A of the Achimov deposits at the Urengoy field.

 
 
 

Stork to acquire Giovenco, Australia

The acquisition includes Giovenco’s 50% stake in a joint venture for a multi-million dollar contract for painting, insulation, and fireproofing on Chevron’s Wheatsone LNG plant.

 
 
 
 

Pétrolia takes steps towards LNG project

Pétrolia has announced that a letter has been signed confirming that Ressources Québec Inc. intends to invest, as an agent of the Quebec government, in the company’s share capital.

 
 
 
 

Transforming trends

Frost & Sullivan explains why the LNG industry is set for a transformation in the Middle East.