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Gas processing

Growing European LNG demand to intensify competition with Asia

Europe’s increased need for LNG looks set to intensify competition with Asia for limited new supply available over the next two years, and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023.

 

Flowserve to acquire Velan

Flowserve, a provider of flow control products and services for the global infrastructure markets, and Velan, a manufacturer of industrial valves, have entered into a definitive agreement under which Flowserve will acquire Velan.

 
 

Burckhardt Compression strengthens its presence in Thailand

After four years of successful cooperation as an authorised service partner of Burckhardt Compression, SPAN Maintenance and Service Co. Ltd. in Thailand will be incorporated into the newly-established subsidiary Burckhardt Compression (Thailand) Co. Ltd.

 
 
 
 

FEnEx CRC: LNG can support the hydrogen sector

A study by researchers from the Future Energy Exports Cooperative Research Centre (FEnEx CRC) has confirmed the potential for LNG and its infrastructure to act as an accelerator for the emerging global hydrogen economy.

 
 

Veritas Capital acquires Wood Mackenzie

Veritas Capital, an investor at the intersection of technology and government, has announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk.

 

Sunrise JV to undertake a concept select programme

The Sunrise joint venture (SJV), comprising TIMOR GAP, Operator Woodside Energy and Osaka Gas Australia, is undertaking a concept select programme for the development of the Greater Sunrise fields – 150 km south of Timor-Leste.