Top news of the week December 19-24

Top news of the week December 19-24
PNG LNG jetty (Image: courtesy of PNG LNG)

DSME to build FSRU for Maran Gas

South Korea’s Daewoo Shipbuilding & Marine Engineering has secured an order to build a floating storage and regasification unit (FSRU) for Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group.

Wison Engineering snatches Kazakhstan’s first LNG plant contract

Wison Engineering Services of China has been awarded a contract for an LNG facility in Kazakhstan by Astana Trans Oil.

Total grabs stake in Tellurian

Total of France on Tuesday said it has acquired a 23 percent stake in Tellurian Investments for a US$207 million, gaining access to the proposed Driftwood LNG project.

PNG military to protect ExxonMobil’s $19 billion LNG project

The Papua New Guinea Government has announced it will deploy the military near the ExxonMobil-operated $19 billion PNG LNG project due to what it says rising tensions between tribes in Hela province in the highlands.

BP joins Kosmos to develop West Africa LNG export project

Kosmos Energy formed ties with the UK-based energy giant BP through a $916 million farm-out of assets in the Mauritania-Senegal basin where Kosmos is planning a “world-class” LNG project.

 

LNG World News Staff

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CWC Iran LNG & Gas Partnerships Summit

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Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period. The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However, the need to move towards cleaner sources of energy and diversify gas supply has stimulated the floating regasification market – over 14 countries are expected to commission their first floating import unit over the forecast period. Against this backdrop, SMi’s 5th annual Floating LNG conference will provide attendees with strategic insight on the latest developments within the FLNG market to optimise activities and ensure project sustainability and success. The two-day programme will also equip you with the tools to overcome the logistical, financial, technological and economic challenges associated with FLNG deployment and ensure succinct transition from design to operation.

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