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Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months. The post Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice appeared first on Offshore Energy.

Zachry Group wins FEED contract for Lake Charles Methanol II project | Methanol & e-fuels

US engineering and construction company Zachry Group has been awarded the front-end engineering and design (FEED) contract for the $3.24bn Lake Charles Methanol II in Louisiana. Lake Charles Methanol (LCM), a Houston-based methanol producer, announced plans for the plant in February 2024 and is targeting a final investment decision (FID) in the first half of 2026. If plans go ahead, Lake Charles Methanol II will convert natural gas and renewable gas into hydrogen while capturing carbon dioxide to produce around 3.6 million tonnes of low-carbon methanol a year. Additionally, the plant will capture around one million tonnes of carbon dioxide a year. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register… Read More »Zachry Group wins FEED contract for Lake Charles Methanol II project | Methanol & e-fuels

NOCC’s first LNG dual-fuel PCTC named in China

Oslo-headquartered shipowner Norwegian Car Carriers (NOCC) has named its first LNG dual-fuel pure car and truck carrier (PCTC) built by CIMC Raffles shipyard in China. The post NOCC’s first LNG dual-fuel PCTC named in China appeared first on Offshore Energy.