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Drilling & production - 06 June 2012

IEA report predicts bright future for natural gas

A new IEA energy report has predicted that natural gas use will see huge growth over the coming years buoyed up by demand in China and Asia, even though European demand is likely to decrease.

 
 

Technip Daewoo consortium win FLNG contract

The Technip-Daewoo Consortium (TDC), has been awarded the services contract for engineering, procurement, construction, installation and commissioning for an FLNG facility with a 1.2 million tpy capacity by Petronas Floating LNG 1 (Labuan) Ltd.