Wärtsilä wins two more regasification module contracts for LNG vessels
South Korean shipyard Hyundai Heavy Industries (HHI) has placed two important contracts with Wärtsilä for seawater/propane based regasification modules. The systems are to be installed on FSRU (Floating Storage and Regasification Unit) vessels owned by Höegh LNG, the Norway based leading owner and operator of floating energy solutions, and by Russian energy company Gazprom. The contracts were signed in July. There is also an option for a further contract from HHI for another Höegh vessel that is valid until December of this year.
Rosneft agreed on sale of 15% in Vankorneft to ONGC Videsh
Rosneft and Indian ONGC Videsh Limited during the Eastern Economic Forum signed the agreement of sale and purchase of 15% in Vankorneft and shareholders agreement in regard of the enterprise management. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and Managing Director of ONGC Videsh Limited Narendra Verma.
CB&I Announces Equipment Supply Award for Afipsky Oil Refinery in Russia
CB&I (NYSE:CBI) today announced it has been awarded a contract in excess of $90 million by NefteGazIndustriya, LLC, through project developer MAVEG Industrieausruestungen GmbH, for the Afipsky Oil Refinery. The scope of work includes detailed engineering, procurement, fabrication and supply of a steam methane reformer for a large-scale hydrogen plant, hydrocracking heaters and Breech-Lock® exchangers. CB&I previously announced two awards on the project—the technology license and FEED contract and detailed engineering and procurement services for multiple process units.
ENGIE signs a long-term LNG supply contract with Novatek
ENGIE and NOVATEK have concluded today an LNG Sales and Purchase Agreement from the Yamal LNG project. Under the FOB agreement, ENGIE will receive 1 million tons per year over a 23-year period starting 2018. This represents 14 cargoes per year which will be delivered from Yamal Trade icebreaker LNG carriers at the Montoir-de-Bretagne LNG terminal (ENGIE), on the western coast of France, where NOVATEK will transfer the LNG, via a transshipment service operated by Elengy, to ENGIE vessels. The LNG will be further delivered anywhere in the world depending on client’s needs.