KBR said it expects to receive a total of $271 million under a tentative settlement with a consortium that included GE and Australian construction giant CIMIC Group in a contract dispute over work at the Inpex-operated Ichthys project in Australia.
Japanese engineering company Chiyoda and Indonesian national oil company Pertamina will jointly study the development and application of carbon capture, utilisation and storage (CCUS) technology after signing a memorandum of understanding (MoU).
JGC (TYO:1963) said today that it has reached a settlement with Inpex (TYO:1605) regarding the lawsuit that Inpex filed against joint venture company JKC, which consists of KBR (NYSE:KBR), Chiyoda (TYO:6366) and JGC, relating to the construction of the giant Ichthys liquefied natural gas (LNG) export project in northern Australia.
Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.
Japan’s Inpex has filed a lawsuit against joint venture company JKC, which consists of KBR, Chiyoda and JGC, relating to the construction of the giant Ichthys liquefied natural gas (LNG) export project in northern Australia.
Qatar Petroleum (QP) has taken the final investment decision (FID) for the world’s largest LNG plant, which will increase the country’s production to 110 million tonnes per year.
A consortium of local and Nigerian banks, with three export credit agencies (ECAs), have agreed to provide $3 billion of financing for the seventh train at Nigeria LNG (NLNG).
BP will be bracing for a delay in the start-up of its third liquefied natural gas (LNG) train at the Tangguh LNG project in West Papua province, Indonesia, due to the Covid-19 pandemic.
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.