Extrusion Exheat have been awarded the contract to supply the hazardous area electrical heaters and control solutions for the PETRONAS floating liquid natural gas facility. The PETRONAS FLNG will be among the world’s leading FLNG vessels, scheduled for operation in 2015. With a 1.2 million tonnes per annum capacity, it is expected to operate 365 [...]
May 22, 2013 | Posted in
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Progress Energy Canada, Pacific NorthWest LNG and PETRONAS have closed the previously announced transaction that saw JAPEX Montney Ltd., the Canadian subsidiary of Japan Petroleum Exploration, acquire a 10 percent interest in Progress Energy Canada’s natural gas assets in northeast British Columbia and in the proposed Pacific NorthWest LNG export facility on Canada’s West Coast [...]
MISC Bhd., operator of one of the world’s biggest fleets of LNG carriers, said Petronas has withdrawn its $3 billion buyout offer after failing to win minority shareholder support. MISC revealed in a filing to the stock exchange that, by the deadline on April 19, Petronas had only managed to lift its stake in the [...]
UOP LLC, a Honeywell company, said that it has been selected by Malaysia’s Petroliam Nasional Berhad (PETRONAS) to provide technology for acid gas removal on the world’s first Floating Liquefied Natural Gas (FLNG) project, known as PETRONAS Floating LNG 1or PFLNG 1. The PFLNG 1 facility, which is designed to extract natural gas from offshore [...]
April 16, 2013 | Posted in
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Air Products, the global leader in liquefied natural gas (LNG) technology and equipment, said it has received an LNG heat exchanger order from PETRONAS for a major LNG project in Malaysia. Air Products’ SplitMR® liquefaction process and technology was selected and will be supplied to the PETRONAS LNG Train 9 Project. This project will produce [...]
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The Cryodynamics Division of Ebara International Corporation announced their recent contract award from JGC in Yokohama, Japan, to deliver 12 Cryogenic Pumps & Expanders (8 Pumps, 2 Expanders, 2 Capital Spare Expanders) for the upcoming Malaysia LNG Train 9 Project, scheduled for facility completion at the end of 2015. This additional train, Train 9, will [...]
April 8, 2013 | Posted in
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Petronas of Malaysia raised the offer price to take over LNG tanker operator MISC Bhd in a deal valued at 9.2 billion ringgit ($3 billion). “We refer to the press notice dated 5 April 2013 in relation to the offer wherein it was announced that the offer price for each Offer Share has been increased [...]
JGC Corporation said that jointly with its Malaysian subsidiary, JGC Malaysia Sdn. Bhd., it has been awarded a contract by PETRONAS LNG 9 Sdn. Bhd., a wholly-owned subsidiary of PETRONAS for the Engineering, Procurement, Construction and Commissioning (EPCC) work for the construction of the 9th LNG Train and its associated facilities in the PETRONAS LNG [...]
March 14, 2013 | Posted in
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Petroliam Nasional Berhad (PETRONAS) said that it has issued a Notice on conditional take-over offer to MISC, an LNG tanker operator-owner, for the remaining 1,666,333,303 shares in the company which it does not hold for a cash offer price of RM5.30 per share (8.8 billion ringgit or $2.83 billion). The Offer is conditional on PETRONAS [...]
PETRONAS announced the discovery of oil and gas via the Adong Kecil West-1 well in Block SK333, onshore Sarawak. The Adong Kecil West-1 well, located about 20 km northeast of Miri town, was drilled by JX Nippon Oil & Gas Exploration (Onshore Sarawak), the operator for Block SK333, together with its joint venture partner PETRONAS [...]
