LNG
Mustang Engineering ("Mustang") a wholly owned subsidiary of international energy services company John Wood Group PLC ("Wood Group"), and Wood Group, have been awarded U.S. patent 715 5917 for a proprietary process to convert liquefied natural gas (LNG) into natural gas. 
Foster Wheeler Ltd’s UK and Nigerian subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler (Nigeria) Limited, which are both part of its Global Engineering and Construction Group, in a joint venture with Chiyoda Corporation have been awarded a contract by Nigeria LNG Limited (NLNG) for the Project Specification, or front-end engineering design, for the SevenPlus project. 
The North West Shelf Venture participant companies and Kyushu Electric Power Company, Incorporated of Japan have signed a heads of agreement for the ongoing supply of liquefied natural gas from Australia’s largest resources project.
Golar LNG sells Newbuilding Feb 21, 2007
Golar LNG announces an agreement to sell its existing interest in new building DSME hull number 2244 to Maran Gas for the gross consideration of approximately $92.5 million, this represents an implicit vessel price of $201 million. 
The government of Pakistan is taking bids from experts in the transport of liquefied natural gas, or LNG, it was learned Tuesday. 
Eni signed a twenty years Sale and Purchase Agreement (SPA) with Nigeria LNG (NLNG) Limited for the acquisition of 1.375 Million Tonnes per year (equivalent to approximately 2 billion cubic meters per year) of liquefied natural gas (LNG).
BG Italia arrests cloud gas pipeline, terminal Feb 13, 2007
The construction of a BG gas pipeline from a planned liquefied natural gas facility appeared to suffer a setback Tuesday, after the arrest for alleged bribe-taking of a BG Italia chairman and two former managers.
BG buying bulk LNG from Nigerian Train 7 Feb 12, 2007
U.K. gas heavyweight, BG group, will buy 2.25 million tonnes a year of liquefied natural gas from Nigerian export terminal, the planned Train 7 at Finima Bonny Island, Nigeria. 
COSCO Corporation (Singapore) Limited, a leading ship repair & marine engineering and shipping group, announces that its 51%-owned subsidiary, COSCO Shipyard Group has secured a contract from Chinese- Polish Joint Stock Company (Chipolbrok) to build four 30,000dwt MPP heavy lift vessels (HLV) The contract is valued at US$185.2 million (approximately S$287 million).
Eidesvik bags PSV contract from Total Feb 12, 2007
Eidesvik Offshore ASA has through Maritime Logistic Services AS received a Letter of Intent from Total E&P Norge AS for a Time Charter Party for the Platform Supply Vessel (PSV) VS 493 LNG-Avant.
BG: US LNG market grows as others ready cargoes Feb 8, 2007
BG Group leaders confirmed Thursday that the key U.S. market for liquefied natural gas, or LNG, is growing — temporarily at least, but by 13 percent — just as new export terminals get set to open worldwide.
El Paso eyes $360M in new U.S. southeast pipeline Feb 6, 2007
Liquefied natural gas from El Paso’s Elba LNG facility and natural gas from northern Lousisiana will benefit from a $360-million pipeline expansion planned by group subsidiary Southern Natural Gas, it was understood Tuesday. 
The five oil companies once told they were not needed are invited back to develop the giant Shtokman gas field in the Russian Barents Sea, Bloomberg news reported from Davos, Switzerland Friday. 
Canada-based shipping giant Teekay and Japan’s turnkey financiers Marubeni have announced their involvement in the first compressed natural gas carrier approved by a major classification society. 
North America’s only export facility for liquefied natural gas, or LNG, could get a two year extension of life, if an application by owners ConocoPhillips and Marathon Oil Corp. succeeds. |
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