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Fluor Awarded $3.5 Billion EPC Contract by Santos for Gladstone LNG Project in Australia
Fluor Corporation (NYSE: FLR) announced today that it was awarded an engineering, procurement and construction (EPC) contract by Santos Ltd. (STO AU) for its Gladstone Liquefied Natural Gas (GLNG) project in Queensland, Australia. Fluor's EPC contract includes upstream facilities associated with the 7.8 million tonne-per-year liquefied natural gas (LNG) project that will extract and liquefy gas from coal deposits for eventual export to Asia and other global markets. Fluor booked $3.5 billion in its fourth quarter of 2010 for this new contract.

date.png18 Jan 2011 15:59 | comments.png 0 Comments | tags.png contracts fluor gladstone lng santos [ More ]

Saipem awarded new onshore contracts worth approximately $1 billion
In Australia, Gladstone LNG Operations Pty Ltd awarded Saipem the EPC contract for the engineering, procurement and construction of a gas pipeline, 42 inches in diameter and 435 kilometres-long, which will connect the gas fields in the Bowen and Surat Basins, in the area between Roma and Emerald, Queensland, to the Gladstone State Development Area (GSDA) on the Coral Sea shore, near the city of Gladstone, Queensland, where a LNG liquefaction and export facility will be built.

date.png16 Jan 2011 16:22 | comments.png 0 Comments | tags.png australia contracts gladstone lng saipem santos [ More ]

Australia: Total increases its interest in the GLNG project from 20% to 27.5%
Total announced the signature of an agreement to acquire an additional 7.5% interest in Australia’s GLNG (Gladstone LNG) project from Santos for an amount of US $281.25 million. This will increase Total’s overall stake in the project to 27.5%.

date.png17 Dec 2010 11:56 | comments.png 0 Comments | tags.png australia gladstone lng santos total [ More ]

GLNG signs binding LNG off-take agreement with KOGAS for 3.5 mtpa
State-run Korea Gas Corporation (KOGAS) is buying a 15 per cent stake in Santos Ltd’s (ASX:STO) Gladstone LNG joint-venture project.

date.png17 Dec 2010 06:35 | comments.png 0 Comments | tags.png australia gladstone kogas lng santos [ More ]

Korea Gas to Buy Stake in Santos-led LNG Project
Santos notes speculation that Korea Gas Corporation (Kogas) has agreed to buy 3.5 million tonnes per annum of LNG from the GLNG project and take a 15% stake in the project.

date.png16 Dec 2010 09:36 | comments.png 0 Comments | tags.png australia deals gladstone kogas lng santos [ More ]

GLNG wins Federal environmental approval
GLNG today received its environmental approval from the Federal government.

date.png28 Oct 2010 05:56 | comments.png 0 Comments | tags.png australia gladstone glng lng petronas santos total [ More ]
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