339 results found for 'CB&I'

339 results found for 'CB&I'
Order results by

A list of search results

  • McDermott to reduce debt by divesting two businesses

    31 October 2018
    Business & Finance

    McDermott International has reviewed its portfolio as part of the integration process resulting from its combination with CB&I earlier this year and decided to divest two of its businesses and use the proceeds to reduce its debt. 

  • McDermott wraps up one part of its assignment on Shell’s gas project offshore Malaysia (Gallery)

    13 November 2024
    Business & Finance, Business Developments & Projects, Vessels

    McDermott has completed an offshore segment of its scope of work on a project, encompassing multiple gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.

  • New Fortress to buy LNG from Venture Global LNG’s plants

    16 March 2022
    Business Developments & Projects, Project & Tenders

    New Fortress Energy has signed two long-term sale and purchase deals for LNG from Venture Global LNG’s Plaquemines LNG and CP2 LNG projects.

  • Impairments drag McDermott into the red

    5 November 2019
    Business & Finance

    McDermott reported a loss for the third quarter of 2019 compared to a profit in the same period last year mostly due to charges of $1.5 billion related to impairment. 

  • UK: Kentz Revenue Up 29 Percent

    26 March 2012

    Kentz Corporation Limited, the holding company of the Kentz engineering and construction group,  announced its unaudited group results for the year ending 31 December 2011. Financial Highlights Revenue in 2011 increased by 29% to US$1,367.5m (2010:US$1,057.4m) Profit before tax in 2011 increased by 18% to US$79.4m (2010:US$67.5m) Profit before tax margin 5.8% (6.2% excluding non-recurring […]

  • Introducing CoTEs and CaSE at Gastech 2014, South Korea

    9 September 2013

    Every 18 months, the Gastech Conference & Exhibition brings together thousands of gas players from all aspects of the international gas and LNG supply chain to do business, forge relationships, and keep abreast of the industry. Gastech 2014, taking place 24-27 March 2014 in KINTEX1 Korea, promises to follow this tradition by hosting show floor […]

  • UK: Leading Companies to Gather in London at EIC Connect LNG

    25 January 2012

    The LNG supply chain will be gathering in London this March for EIC Connect LNG, part of the highly successful EIC Connect series of supply chain networking events bringing together the world’s leading operators and contractors from across global energy projects. The event will be hosted by the EIC, the leading trade association for companies […]

  • USA: Pangea LNG Seeking Approvals for Corpus Christi Project

    30 November 2012

    Pangea LNG Holdings announced that it has begun the process of seeking approvals necessary to build a liquefied natural gas export facility on Corpus Christi Bay in South Texas. Pangea has filed an application with the U.S. Department of Energy seeking authority to export up to eight million metric tons per year of liquefied natural […]

  • Osaka Gas, Chubu to Invest USD 1.2 Bln in Freeport LNG Export Project

    27 February 2014
    Project & Tenders

    Freeport LNG Expansion, Osaka Gas and Chubu Electric Power announced that Osaka Gas and Chubu Electric have entered into an agreement with Freeport LNG to invest approximately $1.2 billion of equity funding for Freeport LNG’s proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas. The facility involves the development of […]

  • Yokogawa developing Yamal LNG systems

    16 July 2014
    Equipment

    Yokogawa is currently developing control and safety systems for the Novatek-operated Yamal LNG project in Russia, Yokogawa Europe’s business development manager for upstream oil and gas Martin te Lintelo told LNG World News in an interview. In January this year Yokogawa secured a contract by Yamgaz, a consortium of Technip and JGC, to supply integrated […]

  • McDermott wins Tyra redevelopment prize

    25 December 2017
    Business & Finance

    McDermott has been awarded a contract from Maersk Oil for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located in the Danish sector of the North Sea.

  • PTTEP, Partners Award Mozambique LNG FEED Contracts

    21 December 2012
    Project & Tenders

    PTTEP AI (a subsidiary of PTTEP) and its joint venture partners have awarded Front End Engineering Design (FEED) contracts for both onshore LNG (liquefied natural gas) construction and offshore installation for its newly acquired block “Rovuma Offshore Area 1” in Mozambique which contains the vast natural gas resources discovered currently estimated to hold between 35 […]

  • Offshore Energy 2013: Speakers Say Increasing Project Complexity Is the Real Industry Challenge

    23 October 2013

    Changing industry fundamentals – from geology to geopolitics, increasing megaprojects complexity, fluctuations in regulatory regimes and local content demands, risk management, risk allocation and new business models, were the topics of this year’s Industry Panel held on the first day of the sixth time running, Offshore Energy 2013 Conference & Exhibition event at the Amsterdam […]

  • Senator Landrieu pushes for more offshore production (USA)

    10 July 2014

    In the epicenter of the deepwater oil and gas industry, U.S. Senator Mary L. Landrieu, from the State of Louisiana, chair of the Senate Committee on Energy and Natural Resources, has pushed for more offshore energy production as the Department of the Interior (DOI) begins to draft its new five-year offshore energy plan. “More offshore energy […]

  • McDermott gets delisting warning from NYSE

    16 December 2019
    Business & Finance

    McDermott has received a continued listing standard notice from the New York Stock Exchange.  

  • Unions petition for parliamentary inquiry on Chevron

    15 September 2014

    Western Australia’s four largest construction unions presented a petition to State Parliament, calling for a Parliamentary inquiry into the performance of Chevron and its suppliers in complying with the Gorgon Gas Processing and Infrastructure Project Agreement. The Agreement was negotiated under the Gallop Labor Government and passed through Parliament in 2003. Among other things, it […]

  • $1.3 billion lawsuits for damages arising from explosion at US LNG facility thrown out of court

    3 December 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Texas-based litigation firm Hicks Thomas LLP, whose attorneys argued that insurance carriers could not recover on subrogation claims, has confirmed its win in two legal battles related to lawsuits totaling $1.3 billion against builders of a liquefied natural gas (LNG) export facility in Texas, United States (U.S.).

  • Shah Deniz Stage 2 Development Contracts Awarded

    20 March 2014
    Business & Finance, Project & Tenders

    The Shah Deniz and South Caucasus Pipeline consortia are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and construction, follow the final investment decisions announced on 17 December 2013. The […]

  • A number of key contracts awarded for Shah Deniz Stage 2

    19 March 2014
    Business & Finance

    The Shah Deniz and South Caucasus Pipeline consortia are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and construction, follow the final investment decisions announced on 17 December 2013. The […]

  • Shah Deniz Awards Stage 2 Contracts

    19 March 2014

    The Shah Deniz and South Caucasus Pipeline consortia announced that they are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and construction, follow the final investment decisions announced on 17 […]

  • Kentz Delivers Growth in 2011 (UK)

    20 January 2012

    Kentz Corporation Limited announced the following pre-close trading update ahead of its results for the year ended 31 December 2011. Revenues and profits for the full year 2011 marginally ahead of consensus expectations  Record backlog of US$2.40 billion at the end of December 2011, up 50% from December 2010, underpinned by further new awards and […]

  • Hertel Updates on Gorgon LNG Works, Australia

    8 October 2012

    The ability to work flexibility within a quarantined environment is helping Hertel to deliver insulation, corrosion protection and fireproofing to pre- assembled racks and equipment for the world’s largest natural gas project – the Gorgon Project – at Barrow Island in Western Australia. The first phase of work is being carried out at the Australian […]

  • Hertel Updates on Gorgon Project Development

    8 October 2012
    Business & Finance

    The ability to work flexibility within a quarantined environment is helping Hertel to deliver insulation, corrosion protection and fireproofing to pre- assembled racks and equipment for the world’s largest natural gas project – the Gorgon Project – at Barrow Island in Western Australia. The first phase of work is being carried out at the Australian […]

  • Chevron’s Gorgon project under strike threat

    25 August 2015

    This article has been updated Over one thousand fly-in fly-out (FIFO) workers employed at Chevron’s giant Gorgon gas development in Australia, have voted in favor of a strike action over rosters, hoping to get more time with their families. The workers, aiming for a 20 days on, 10 day off (2-1) roster, voted in a […]

  • UK: Trelleborg Marine Systems Support Grain LNG in Accommodating Large Vessels

    14 May 2012

    As vessel sizes steadily increase, so too do the pressures exerted on port infrastructure. However, a recent report indicates that many commercial ports don’t have adequate infrastructure in place to manage the increase in vessel sizes coming through their terminals. Richard Hepworth, Managing director of Trelleborg Marine Systems, said: “Vessel sizes have been on the […]