Gas processing

Petrofac has been awarded a US$700 million contract by Sakhalin Energy Investment Company Ltd. for its onshore processing facility on Sakhalin Island.

While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050.

Mitsui O.S.K. Lines and Swan LNG have signed an agreement for the long-term operation and maintenance of a FSRU and FSU.

Mokveld Valves BV has become the first valve manufacturer in the world to receive Functional Safety Management certificate for IEC 61508 and 61511 standards.

PGNiG has purchased LNG from Norway, which will be delivered by Statoil under a spot contract.

Under the agreement, Angola LNG cargoes will be delivered to Vitol at destinations around the world.

Alexey Miller and the Kazakh Energy Minister, Kanat Bozumbayev, have discussed bilateral co-operation prospects for gas transit, processing and marketing.

KBR has been awarded a feasibility studies contract for the Kikori energy hub in Papua New Guinea.

Nikkiso has acquired Cryogenic Industries, including its ACD, Cosmodyne and Cryoquip operations.

G2 LNG has confirmed its intentions to re-file its preliminary application with FERC.

FERC has sent a letter to counsel to G2 LNG announcing that it is terminating its staff’s participation in the pre-filing review of the planned project.

As of the end of July, the Adriatic LNG terminal regasified 12% more LNG than the same period of 2016.

Polish Oil and Gas Company has reserved an additional 35% regasification capacity at the President Lech Kaczynski LNG terminal in Swinoujscie, Poland.

Framo will deliver pump systems for GasLog’s potential floating storage regasification unit (FSRU).

The refining and shipping industries will experience rapid change due to new marine bunker fuels regulations. LNG will be part of the solution, according to IHS Markit.