Top news of the week January 20-25

Image courtesy of Petronas

McDermott files for Chapter 11 bankruptcy to erase $4.6 bln debt

Image courtesy of Petronas

Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt.

Hudong Zhonghua to build mid-sized LNG carrier pair for Petronas

Chinese shipyard Hudong Zhonghua has won the contract to build a pair of mid-sized LNG vessels for a Malaysian LNG project.

Petronas inks 12-year LNG supply deal with China’s Shenergy

Malaysian energy giant Petronas has signed a heads of agreement with Shenergy Group Company to supply approximately 1.5 mtpa of liquefied natural gas (LNG) to its Wuhaogou receiving terminal in China.

Mundra LNG terminal awaits commissioning cargo

Following numerous delays, and over a year and a half after its inauguration, Mundra LNG terminal project in India’s Gujarat state could be commissioned this week.

Hyundai inks LOI with probunkers for LNG bunkering pair

Athens-based probunkers has signed a letter of intent (LOI) with Hyundai Mipo Dockyard (HMD) for the construction of two (2) firm units of 7,600-cbm LNG bunker vessels.


LNG World News Staff