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LNG

 

Wheatstone LNG receives federal approval

Chevron’s Wheatstone LNG project has received environmental approval from the federal government, clearing the final hurdle on the way to a final investment decision later this year.

 
 
 
 
 
 

Cheniere makes share offering to raise cash for Sabine Pass terminal

Cheniere Energy Partners, L.P. is selling off 3,000,000 common units to investors at a share price of US$ 15.25. The company is hoping to raise US$ 60 million to put towards general business purposes and development costs of its expansion project to add liquifaction capacity at the Sabine Pass LNG terminal.

 

Kawasaki wins Prelude contract

Kawasaki Heavy Industries, Ltd. has been awarded a contract by Technip to supply 7 units of boilers for Shell’s floating LNG facility Prelude, the world’s first Floating LNG facility, The boilers to be supplied by Kawasaki are the largest ever in the capacity for marine use.

 

Chevron signs supply purchase agreement with Kyushu Electric

Chevron has signed a Sale and Purchase Agreement (SPA) with Kyushu Electric Power Co. for the delivery of LNG from the Wheatstone Project in Western Australia. As part of the deal Kyushu Electric will also acquire equity in the Wheatstone gas fields and processing plant.

 

Clough awarded AU$ 600 million dollar contract for Santos GLNG project

Clough Downer Joint Venture (CDJV) has been awarded a contract worth AU$ 600 million by Fluor for construction of pipelines, compression facilities and associated infrastructure relating to the Fairview component of the Santos GLNG project, located in the Surat Basin.

 
 

LNG Limited receives license for LNG pipeline

The Government of Queensland has granted Liquefied Natural Gas Limited pipeline license (PPL) 161. This will allow the company to connect its planned LNG terminal to the feed gas terminal inland.

 
 

GE acquires Converteam for US$ 3.2 billion

GE has acquired for Converteam, the two companies compliment each other should enhance GE’s existing capabilities as well as helping them break into fast growing regions such as Brazil and Russia where Converteam have already made significant in-roads.