MHI to Establish LNG Project Management Department

MarineLink.com
Tuesday, May 28, 2013

Effective June 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish LNG Project Management Department, within the Environmental and Chemical Plant Project Management Division of the Company's Engineering Headquarters. The new department will be dedicated to market exploration of LNG (liquefied natural gas) related business opportunities. By establishing the new unit, MHI aims to expeditiously respond to the growing demand for LNG related facilities that is being fueled by rapid expansion of shale gas production in the U.S. The department will also explore business opportunities in the LNG supply chain* by integrally and cross-divisionally overseeing the company's LNG related engineering activities.



The LNG Project Management Department will develop basic business plans and technology strategies for various projects related to LNG facilities, and, in the future, will establish a structure capable for offering full-service EPC (engineering, procurement and construction) solutions for LNG terminal construction.



MHI has a proven track record of success in delivering LNG related facilities and products, including LNG receiving terminals, storage tanks, and LNG carriers. Facility and product requirements in this field have diversified in recent years to include offshore floating LNG production, storage and offloading facilities (F-LNG), and small- and medium-size plants. To respond to these diversified demands, MHI made the decision to expand its LNG project staffing and to establish a dedicated unit to enable cross-divisional coordination within the company.
 


Amid growing global demand for energy, the relatively lower carbon emissions offered by natural gas are making it an increasingly attractive energy resource. In addition, the economically advantageous development of shale gas in the U.S. and other countries is leading many operators around the world to revamp existing LNG facilities, and/or to plan the construction of new ones.



With the establishment of its dedicated LNG Project Management Department, MHI will seek to develop these LNG facility and product business opportunities in new and existing areas.



* Includes LNG field development, LNG liquefaction plants, LNG carriers, and LNG receiving terminals.
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Resolve Maritime Academy's New Wet Trainer Facility

Resolve Maritime Academy says it has started on the construction of a new, two-story wet trainer, larger and more expansive than its original, the L/V Gray Manatee.

Bollinger Fourchon: 13 Years Without a Lost Time Accident

Bollinger Shipyards, Inc. announced that their Bollinger Fourchon, L.L.C. facility has worked 13 years without a lost time accident. Building on a philosophy that starts at the top,

Messer's CEO Norville Announces Retirement

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines.

Energy

Mass Flow Metering System for MFO delivery in Singapore

As the world's leading bunkering port Singapore is to provide quality bunkering services to vessels lifting bunkers in the port. The use of the Mass Flow Metering

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

BP Reports Better Second Quarter 2014 Results

BP today announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.

LNG

Höegh LNG Partners Launch IPO

Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,

Floating Production: $1.2b Speculative FLNG Ordered

The floating production business continues to be very strong, particularly in the LNG gas processing sector.  Last month saw a speculatively ordered floating liquefaction plant – a $1.

ABS to Class the World's First CNG Ship

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's

News

Höegh LNG Partners Launch IPO

Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,

Mass Flow Metering System for MFO delivery in Singapore

As the world's leading bunkering port Singapore is to provide quality bunkering services to vessels lifting bunkers in the port. The use of the Mass Flow Metering

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2237 sec (4 req/sec)