IPS Lands Barcelona Regasification Contract

September 29, 2008 Filed Under: Oil and Gas  

Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has won a major contract to upgrade control and automation systems at a liquefied natural gas (LNG) terminal and regasification plant near Barcelona, Spain. The site, at Barcelona Terminal, is one of three such facilities run by Enagas, Spain’s leading natural gas transportation, regasification... 

Cheniere Closes $250MM from GSO Capital Partners

August 18, 2008 Filed Under: Oil and Gas  

Cheniere Energy, Inc. announced that funds led by GSO Capital Partners LP and its affiliates have closed a $250 million senior secured convertible loan agreement with Cheniere Common Units Holding LLC, a subsidiary of Cheniere Energy, Inc. Proceeds will be used to repay the $95 million bridge loan obtained in May 2008, fund a reserve account for payments under Cheniere Marketing, Inc.’s Terminal...