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JGC

Oil & Gas

Saipem head laments service crunch, wind investments

Saipem’s Puliti gave the example of the need for offshore wind installation vessels. He said there was a “clear need” for new vessels, “otherwise there is no way that demand in the next three to five years can be satisfied by supply. But no one has the courage to invest today”.

LNG

JGC, Hyundai win Papua LNG FEED

JGC noted that the facility would use an e-drive system. This involves the use of electric motors in the natural gas compressors, rather than conventional gas turbines, which will reduce CO2 emissions during operation.

Asia

JGC wins Taiwan LNG terminal construction deal

A consortium led by Japan’s JGC has won a construction deal for LNG terminal facilities in Taiwan from state-backed CPC. Significantly, JGC is hoping to win follow-up work in Taiwan as the country expands its LNG infrastructure.

Oil & Gas

Ichthys legal spat settled says KBR

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.

Asia

JGC confirms Petronas FLNG deal

Japan’s JGC has confirmed that together with Samsung Heavy Industries (SHI), that it has been awarded the front end engineering design (FEED) contract for a nearshore floating liquefied natural gas (FLNG) facility in Malaysia developed by Petronas.

Asia

Energy majors, including Chevron and ExxonMobil, team up to promote natural gas in Asia

Energy majors, including Chevron, ExxonMobil, JERA, JGC, Mitsubishi Heavy Industries, Santos and SK E&S, are banding together to help nations in Asia achieve lower carbon emissions by promoting natural gas. Together they have established an advocacy group called Asia Natural Gas and Energy Association (ANGEA) that will join with policymakers to find solutions to cut carbon emissions.