Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has secured an engineering, procurement and construction (EPC) contract for the Nigeria LNG Train 7 Project, which will be executed at Bonny Island LNG complex in Nigeria
Gas
Global LNG sector faces depressed demand and falling prices
The global liquefied natural gas (LNG) sector has been hit by supply overhang followed by COVID-19-induced economic slowdown and lower demand worldwide
LNG demand shows impressive resilience in face of COVID-19
LNG demand is expected to show impressive resilience in the face of COVID-19 pandemic, according to a forecast by IHS Markit
SDX Energy makes commercial gas discovery in Egypt
SDX Energy, a London based international oil and gas exploration, production and development company with a principal focus on the Middle East and North Africa, has announced a commercial discovery at Sobhi well in Egypt
Supermajor Total charters its two LNG-powered VLCCs
Supermajor Total has signed a pioneering agreement to charter its first two LNG powered very large crude carriers (VLCCs)