LNG

Buyers of LNG are no longer balking at long-term contracts, but they want to spread their risk by signing smaller volume deals with multiple producers.

Ophir Energy is at risk of expulsion from its LNG project in Equatorial Guinea in light of long-delayed financing deals.

Novatek has announced that production at Yamal LNG’s first train will be suspended for planned maintenance.

Work at Damen Shiprepair Dunkerque on the conversion of the dredger ‘Samuel de Champlain’ to dual-fuel capability combining MGO and LNG.

LNG production in Trinidad is recovering thanks to a new field start up, but competition from US shale is forcing sellers of its output to go much further afield.

Vitol’s future growth will increasingly be driven by gas and LNG, especially in emerging markets, as peak oil demand approaches.

Asian spot prices for LNG edged lower over the past week amid plentiful supply, despite strong oil and coal markets.

Siemens has received its first order from Panama for six SGT-800 gas turbines.

Beijing Blue Sky Energy has entered into a three years LNG Supply Agreement with Kunlun Energy Shandong.

Angola’s lone LNG project has sold a cargo to Petrobas for delivery to Brazil.

Total has signed an agreement in view of developing an integrated gas project in the Sultanate of Oman.

The Croatian government has taken action to facilitate the construction of an EU-backed LNG terminal in the northern Adriatic.

Noble Energy Inc. has executed a HoA establishing the framework for development of natural gas from the Alen field located offshore Equatorial Guinea.

Marathon Oil Corp has agreed a HoA with the government of Equatorial Guinea to process third-party natural gas volumes at plants located in Punta Europa.

McDermott International, Inc. has announced that it has completed its combination with Chicago Bridge & Iron Company N.V.