Stock Research

Rich Contract Pickings for International Companies From Mozambique's Major LNG Project
Posted on December 27, 2012 at 03:08 AM EST
JOHANNESBURG--December 27, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)-- Anadarko Petroleum (NYSE:APC) (The Woodland, Texas) and ENI SpA (NYSE:E) (Rome Italy) have signed a Heads of Agreement (HoA) to coordinate the development of their Mozambique gas fields in the construction of a liquefied natural gas (LNG) plant in the Cabo Delgado province in the north of the country. When completed, the plant would be the largest in the world, outside Qatar, with an eventual capacity of about 50 million tons a year. Featured Companies: Technip SA (OTC:TKPPY) , (Paris, France), Saipem SpA (OTC:SAPMY) (Milan, Italy), McDermott International (NYSE:MDR) , Chicago Bridge & Iron (NYSE:CBI) (The Woodlands, Texas), Fluor Corporation (NYSE: Irving, Texas) and Mitsui Company & Limited (NASDAQ:MITSY) (Tokyo, Japan).
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