Top news of the week, August 3-8, 2015

Video: Wheatstone LNG project more than 65 pct complete

Chevron’s US$29 billion Wheatstone liquefied natural gas project in Australia is more than 65 percent complete.

Chevron’s profit plunges 90 pct

Oil and gas giant Chevron said its second-quarter profit was at $571 million, down 90 percent as compared to 2014.

Delfin LNG contract goes to Bechtel

Bechtel has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy, to perform front-end engineering and design for the floating liquefied natural gas vessel (FLNGV) to go into service at Port Delfin.

Chevron likely to ship first Gorgon LNG in 2016

Chevron will likely miss its year-end target to ship the first LNG cargo from its USD 54 billion Gorgon project on Barrow Island in Western Australia.

Update: BW Singapore to be used as Egypt’s 2nd LNG import terminal

Singapore-based BW confirmed it has been selected by EGAS of Egypt to provide LNG regasification services utilizing an FSRU in Ain Sokhna.