EIG-managed liquefied natural gas (LNG) company MidOcean Energy has signed an agreement with Tokyo Gas to acquire stakes of the latter in four integrated LNG projects in Australia for $2.15 billion in cash. The transaction includes the acquisition of Tokyo Gas’ interests in the Gorgon LNG project, the Ichthys LNG project, the Pluto LNG project, […]
KBR said that JKC Australia LNG, a joint venture in which it has a 30% stake, has entered into an agreement that settles outstanding claims and disputes with its client Ichthys LNG. With the binding settlement agreement in place, the firms will withdraw all claims and end all ongoing arbitrations and court proceedings between them. […]
McDermott International has won a contract to deliver front end engineering and design (FEED) services pertaining to the Ichthys LNG Project offshore Australia from INPEX. The contract is for providing booster compression module FEED with optional engineering, procurement and construction (EPC) for the liquefied natural gas (LNG) field development project. The booster compression module will […]