Top News of 2012

1. Prelude FLNG Project on Track, Shell Says

Shell’s Prelude FLNG project offshore Australia is on track for operations around 2017, Marjan van Loon, Shell vice president for LNG and processing said.

2. Total Profit at EUR 12.3 Billion

French company Total SA today posted a 2011 net profit of 12.3 billion euros ($16.3 billion).

3. Technip, Daewoo Win Petronas FLNG Contract

Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering (DSME), the Technip-Daewoo Consortium (TDC), was awarded by Petronas Floating LNG (Labuan) Ltd, a wholly owned subsidiary of PETRONAS, a services contract for engineering, procurement, construction, installation and commissioning for floating liquefied natural gas (FLNG) facility of 1.2 million ton per year maximun capacity.

4. Donggi-Senoro LNG Project on Track

Construction work on the Donggi-Senoro LNG project in Central Sulawesi in Indonesia is ahead of schedule, PT Medco Energi Internasional said.

5. Pacific Rubiales, Exmar in Floating LNG Deal

Pacific Rubiales Energy (PRE) acting through its wholly owned subsidiary Pacific Stratus Energy Colombia Corp. (PSE), announced today the signing of a natural gas/ LNG Liquefaction, Regasification, Storage and Loading Services Agreement with Belgium based EXMAR NV.

6. Petronas: Ninth LNG Train for Bintulu

PETRONAS of Malaysia, which is embarking on a new production train project at its PETRONAS LNG Complex in Bintulu, said it has awarded the contract for the Front End Engineering Design (FEED) for the project to JGC Corporation and to a partnership of Chiyoda Corporation and Saipem S.p.A.

7. Pertamina Suspends Central Java FSRU Project

In an attempt to streamline floating storage and regasification unit (FSRU) projects in Indonesia, the State-Owned Enterprises (SOE) Ministry ordered Pertamina oil and gas company to halt the Central Java FSRU project, Platts reported citing a senior official of the company.

8. Volvo Trucks North America to Launch LNG Engine

Volvo Trucks announced plans to launch its own 13-liter liquefied natural gas (LNG) engine for North America in 2014.

9. Veka-Group Develops Three New LNG Tankers

Veka-Group has developed three new LNG tankers, which can also be used as bunker ships.

10. SMM: Marine Service Introduces LNG Fuel Tank Container

Marine Service GmbH, the marine consultancy for the design and development of any kind of shipping projects based in Hamburg, Germany, starts its SMM-premiere with a world first: the LNG Fuel Tank Container.