LNG

Dominion Cove Point LNG has announced that construction at its liquefaction project is now 24% complete.

The International Association of Oil & Gas Producers has elected a new Chair, Monika Hausenblas, Royal Dutch Shell’s Executive Vice President Safety & Environment.

CIMIC has confirmed that a Notice of Dispute has been issued to Chevron regarding the Gorgon LNG jetty contract.

The Egyptian Ministry of Petroleum has approved grants to Eni for the Zohr Development Lease, which enables the development of the gas field located offshore Egypt.

Wood Group has signed a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 flowline system.

Rosneft has signed Heads of Agreement with PDVSA to establish a joint venture to implement a large scale project for the production, treatment and sale of natural gas extracted from fields off of the coast of Venezuela.

Qatargas has announced that it has signed a Memorandum of Understanding with Shell and the Maersk Group to explore the development of LNG as a marine fuel in the Middle East.

Reuters reports that a tanker has docked at Cheniere Energy’s Sabine Pass LNG terminal to ship the facility’s first LNG export cargo.

Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.

CME Group has launched a new LNG DES Japan (Rim) futures contract.

Inpex has announced that construction of the reinforced concrete roof of its second LNG tank at Bladin Point has been completed.

POSCO E&C has announced that it has been awarded a US$650 million contract for the construction of a combined cycle power plant and LNG terminal in Panama.

GasLog and GasLog Partners have entered into binding agreements for the refinancing of six LNG carriers.

Santos has reported a net loss of AUS$2.7 billion in 2015, as a result of after tax impairments and the lower oil price.

Becker Marine Systems has announced that it has received a federal grant for its LNG PowerPac, which supplies power to moored containerships.