LNG project news

Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).

Origin Energy Ltd has released a statement confirming that Australia Pacific LNG has concluded the 90-day operational phase of the two-train project finance lenders’ test.

Anadarko Petroleum Corp. has finalised two agreements with the government of Mozambique, enabling it to design, construct and operate the marine facilities for an LNG project in northern Mozambique.

According to Reuters, PTTEP – which is the exploration and production arm of Thailand’s PTT Group – has decided to take a US$500 million stake in an LNG project with Malaysia’s Petronas.

Monkey Island LNG has selected AECOM to coordinate the environmental analysis and engineering services for its Federal Energy Regulatory Commission pre-filing review process and application.

The facility will produce LNG for UGI’s merchant and utility businesses. 

According to Reuters, PTT Plc – Thailand’s state-owned oil and gas company – is considering taking a stake in an LNG plant to be constructed in Malaysia.

Woodside Petroleum Ltd has released its report for 2Q17, delivering sales revenue of US$867 million and production of 20.7 million Boe.

Australian engineering company Monadelphous Group Ltd has announced that it has won a number of new work packages with a combined value of approximately $55 million.

SOFEC Inc. – a MODEC Group company – has been awarded the turret mooring system supply contract for the Coral South Project by the joint venture consisting of JGC Corp. and TechnipFMC.