Liquefied natural gas (LNG) is the fastest growing fossil fuel globally, with forecasts that it will account for almost 90 per cent of the projected growth in long-distance gas trade to 2040.
In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project. The Moheshkhali floating liquefied natural gas (LNG) import terminal is being developed off the shores of Moheshkhali Island in the Bay of Bengal, Bangladesh.
XL Global Group is relaunching as a global multi-discipline technology and engineering group, following a period of investment in acquisitions, new divisions, people and technology.
Submitted by Editorial staff on 28th February 2018
28th February 2018
Babcock has been contracted to supply its ground-breaking ecoSMRT® LNG reliquefaction technology to four recently ordered LNG carriers being built at Hyundai Heavy Industries’ Ulsan and Samho shipyards in South Korea.
The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook.
Submitted by Editorial staff on 14th December 2017
14th December 2017
International law firm Watson Farley & Williams (“WFW”) has advised Teekay LNG Partners L.P. (“Teekay LNG”) and its joint venture partner China LNG Shipping (Holdings) Limited ("CLNG") on the US$1.6bn long-term financing for the construction of six Arc7 liquefied natural gas (“LNG”) carrier newbuildings at Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea.
