- BOC employee wins medal
- Worthington acquires cryogenic transport trailer maker
- Supplier award earned by Airgas
- Analox sign global deal with Linde
- LNG refuelling first for Chart
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Latest LNG news
LNG projects reach milestones
Northwest Australia’s Ichthys and Gorgon liquefied natural gas (LNG) projects each have reached construction phase milestones, while the first of three LNG projects on the eastern coast of Curtis Island is close to start-up.
LNG refuelling first for Chart
Chart Ferox has supplied its first skid mounted LNG refuelling station to Gasrec’s Bridgwater site in the UK. The station includes a 30m3 horizontal LNG storage tank, submerged transfer pump and LNG dispenser all mounted within a single frame.
Monitors key to LNG safety
General Monitors has stated its comprehensive range of gas and flame monitors are key to preventing accidental explosions and fires – particularly at remote LNG production sites.
FLOWCAL chosen for LNG facility
ExxonMobil PNG Limited selects FLOWCAL for their LNG facility in Papua New Guinea. The project includes a gas conditioning plant, and liquefaction and storage facilities with a large-scale capacity of 6.9 million metric tonnes of LNG per year.
HHIC will build world’s first
Hanjin Heavy Industries & Construction (HHIC) announced that it signed a contract for the construction of an LNG bunkering vessel (5,100?) with NYK in Japan, the company has announced.
Finance
Praxair income and sales increase
Praxair has reported second-quarter net income of $467m and diluted earnings per share of $1.58, 5% and 6% above the prior-year quarter, respectively. The company has strong cash flow for operations at $847m – 27% of sales.
“Best in the world” goal for Air Products
The new Chairman and CEO of Air Products, Seifi Ghasemi, has highlighted various strategies to both customers and staff in video messages posted on the company’s website.
Q1 fiscal 2015 announcement from Airgas
Airgas, one of the US’s leading suppliers of industrial, medical, and specialty gases, and related products, today reported earnings per diluted share of $1.18 for its first quarter ended June 30, 2014, up 4% over the prior year. First quarter sales increased 3% over the prior year to $1.31bn.
Third quarter increases for Air Products
Air Products today reported third quarter results led by strong performance in Merchant Gases, and Electronics and Performance Materials. For the quarter ended June 30, 2014, net income was $314m, up 9%, and diluted earnings per share (EPS) was $1.46, an increase of 7%, compared with results for the third quarter of 2013.
Features
Industrial gases supporting entire natural gas production chain Subscription
This fortnight’s gasInsight feature looks at the vital role our industry plays across the entire petrochemical processing spectrum. Part One is below with Part Two published in two weeks time.
Technology
Major investment in US
Air Liquide has expanded its relationship with OCI N.V. in Beaumont, Texas, after the company secured a deal to supply the oxygen for a new world-scale methanol plant.
Analox sign global deal with Linde
Analox is celebrating securing the biggest deal in its history after it signed a global deal with the biggest gas supplier in the world – The Linde Group.
Witt stresses importance of valves
Gas non-return valves (check valves) protect systems, outlet points and pipelines against unwanted and potentially hazardous gas mixtures.
CO2 emissions converted to fuel?
An Israeli company has developed a system that converts carbon dioxide emissions into synthetic gas – resulting in another way that harmful pollutants to our atmosphere can be removed and changed into a renewable heat source.
LNG refuelling first for Chart
Chart Ferox has supplied its first skid mounted LNG refuelling station to Gasrec’s Bridgwater site in the UK. The station includes a 30m3 horizontal LNG storage tank, submerged transfer pump and LNG dispenser all mounted within a single frame.
Other LNG news
LNG agreement signed in Canada
Steelhead LNG and Huu-ay-aht First Nations sign Opportunity Development Agreement for LNG project on Huu-ay-aht First Nations land at Sarita Bay.
ACD pump passes FAT
ACD successfully passed its First Article Test (FAT) of the world’s first LNG fuel gas pump system for TOTE’s LNG-Powered Containerships.
Worldwide LNG fuel development
GDF SUEZ has signed an agreement with NYK and Mitsubishi to develop LNG as marine fuel worldwide. The deal is the first bunkering supply contract between shipping operator UECC and GDF SUEZ.
“Bright future” for LNG
Across Europe and Asia, many pose the question – what role will natural gas play in the future energy mix in relation to coal, oil, natural gas, renewables and nuclear? In a recent interview, Laszlo Varro, Head of Gas, Coal & Power Division for the International Energy Agency (IEA) commented on the prominence of natural gas.
HyGear signs agreement with KOGAS
HyGear has signed an agreement with KOGAS to fixate the ambitions to collaborate in the Korean market. The agreement has strategic benefits for both companies.
