Gas Processing/LNG
Gazprom predicts no drop in European gas demand
European political goals to lessen reliance on Russian natural gas won't affect demand, the deputy chief executive of OAO Gazprom told Wednesday's edition of Hungarian business paper Vilaggazdasag. The CEO was discussing European efforts to create new natural gas cross-border interconnectors.
CB&I, Zachry venture wins FEED work for Freeport liquefaction project in Texas
Freeport LNG Expansion and a joint venture of Zachry Industrial and CB&I entered into a front-end engineering and design (FEED) contract for the Freeport liquefaction project near Freeport, Texas. The Zachry/CB&I venture will engineer and design three LNG liquefaction trains of 4.4 million tpy each.
US LNG export projects bring long-term risk
Favorable margins for US liquefied natural gas (LNG) exports may not be sustainable and could set up long-term risks for infrastructure projects, according to a new report.
Hyundai Heavy inks $1bn of Europe LNG ship orders
Hyundai Heavy Industries, the world's largest shipbuilder by order value, said Tuesday it has received, along with its affiliate company, a combined $1.1 billion LNG ship order in Europe. The companies said they will deliver five LNG ships by the first half of 2015.
GTC strikes deal with ConocoPhillips to license sulfur recovery technology
Process technology licensor GTC Technology reached a global agreement with ConocoPhillips for its selective partial oxidation of sulfur (SPOC) technology for sulfur recovery. GTC says its SPOC technology is the most significant innovation in the “modified Claus” technology space in the last 30 years.
Total to boost investments as quarterly profits rise
France-based Total said 2012 has begun favorably and that it will step up investments over the next three years after reporting a 12.8% increase in fourth-quarter net income on high oil prices and in spite of weak downstream markets and stable output. Total is targeting a 2.5%/yr increase in average output in 2012-2015.
Air Liquide starts up new US air separation unit
Air Liquide said on Monday that it started up a new air separation unit (ASU) at its facility in Geismar, La., seeking to increase its supply of nitrogen, oxygen and argon to customers in industries such as refining, natural gas and chemicals.
Halliburton, Petronas form partnership to develop global shale resources
Halliburton and PETRONAS Carigali have signed an agreement for the evaluation and development of global shale resources, the companies said on Friday. They plan to set up a shale technical center in Kuala Lumpur, Malaysia, which is where the deal was signed.
Copano to expand Eagle Ford shale pipeline in US
Copano Energy says it will extend its wholly-owned 96-mile, 24-inch DK Pipeline in the Eagle Ford Shale play by adding approximately 65 miles of 24-inch pipeline southwest into McMullen County, Texas. The extension is expected to begin service in the first half of 2013 and cost approximately $120 million.
JKC venture wins $15bn of engineering work for Ichthys LNG in Australia
KBR said its JKC joint venture with JGC Corp. and Chiyoda Corp. has signed the formal contract for engineering, procurement and construction (EPC) activities on the Ichthys LNG project in northern Australia. The Ichthys LNG project is a joint venture between INPEX (76%, the operator) and Total (24%).
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
