LNG

Strong development in order intake.

A subsidiary of Petronas has signed a Heads of Agreement with Jera Co., Inc. to supply up to approximately 2.5 million tpy of LNG for a period of three years.

GTT has been awarded a contract for Membrane Cargo Containment System Services for Shell’s Prelude FLNG facility.

The first exhibitor briefing day for the 19th International Conference & Exhibition on LNG was held on 19 October 2017.

Exports expected to begin in Q4.

It has been announced that a naming ceremony was held for the new LNG tanker that will transport LNG for Inpex, Japan.

Additional filtering and a mobile-friendly device health portal for AMS Device Manager improve maintenance efficiency and decision-making.

Cuts power consumption by almost 70%.

The Board of Directors of Saipem S.p.A. has approved the Saipem Group’s Interim Report to 30 September 2017.

Novatek has signed an agreement that will facilitate the building of a sea terminal facility for reloading LNG at Kamchatka.

Following recent media speculation, ENGIE confirms it has launched a strategic review of its upstream and midstream LNG activities.

Nakilat have reported a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016.

The IEA have said global LNG markets will remain oversupplied into the 2020s due to a surge in production, although soaring demand may tighten the market earlier than expected.

US LNG project developer Tellurian Inc. is offering billions of dollars in equity in its Driftwood project in Louisiana to make it more attractive for buyers.

French utility Engie is in talks over the possible sale of its LNG division to Total.