Emerson to acquire Pentair’s Valves & Controls business
Pentair has announced that it has reached an agreement to sell its Valves & Controls business to Emerson.
LNG
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Woodside Chief Executive confident in progress of Wheatstone LNG
The Chief Executive of Woodside has said that he is confident that the Wheatstone LNG facility will start by mid-2017 and stay within its budget of $29 million.
Awilco completes sale and delivery of two LNG carriers
Awilco LNG has successfully completed the sale and delivery of the 125 000 m3 WilEnergy and WilGas LNG carriers.
Inpex begins natural gas supply through Toyama Line extension
Inpex Corp. has announced that it has begun supplying natural gas to Nissan Chemical Industries Ltd.
Origin Energy’s profits fall 41%
Origin Energy has announced that its FY2016 underlying profit from continuing operations fell 41% on the previous year to AUS$354 million.
Thailand’s PTT to increase LNG imports in 2017
Reuters reports that Thailand’s PTT will increase its LNG imports from 3 million t in 2016 to 5 million t in 2017.
Lake Charles LNG terminal seeks additional export authorisation
Lake Charles LNG Export Company LLC and Lake Charles Exports LLC have filed an application to the US DOE for long-term authorisation to export up to 121 billion ft3/yr of LNG.
FERC terminates Downeast LNG applications
The US Federal Energy Regulatory Commission has issued an order dismissing and terminating Downeast LNG’s applications for a bidirectional import/export LNG terminal and associated pipeline facilities.
Norton Rose Fulbright advises JX Nippon
Norton Rose Fulbright has announced that it acted for JX Nippon in its acquisition of Petronas LNG 9 Sdn Bhd.
Video: ALE transports LNG platform
ALE Heavylift has released a video showing the transportation of an LNG platform and transport frame at a project in Australia.
Panama Canal celebrates milestones
On the eve of its 102nd anniversary, the Panama Canal welcomed the 100th transit through its newly expanded locks.
Praxair and Linde AG in talks regarding possible merger
Praxair Inc. and Linde AG have both released statements confirming that they are in preliminary talks regarding a potential merger.
Yamal LNG receives €780 million in loans from Chinese banks
According to Reuters, the Yamal LNG project received approximately €780 million in financing from China Development Bank and Export-Import Bank of China in July 2016.
Crowley christens new LNG conversion-ready product tanker
Crowley Maritime Corp. has announced that it has officially christened its fourth LNG conversion-ready product tanker – MT West Virginia.
MMHE and EPIC form new JV
Berhad Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has formed a new joint venture company with Eastern Pacific Industrial Corp. Berhad (EPIC).