Offshore LNG News - page 5


Gazprom CEO Paints Bleak Future for Europe Without Russian Gas

Oct 10, 2024

The CEO of the Kremlin-controlled energy giant Gazprom said on Thursday that Europe was damaging its own industrial sector by artificially destroying demand for gas, as Russian gas exports to the region have shrivelled.Alexei Miller said there could be gas price shocks and supply disruption ahead…

BP Wins Favorable Senegal LNG Arbitration Decision

Oct 08, 2024

Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favor of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania.LNG is key to BP's strategy and broader energy transition plan…

Woodside Takes Over and Renames Driftwood LNG Development

Oct 08, 2024

Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity.Woodside has acquired all issued and outstanding Tellurian common stock for approximately $1.00 per share to bring the value of the transaction to approximately $1…

Eni Scales Up LNG Bunkering Activities through Avenir LNG Charter Deal

Oct 08, 2024

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

Santos Inks Mid-Term LNG Supply Deal with TotalEnergies

Oct 02, 2024

Australian gas supplier Santos has signed a mid-term LNG supply contract with TotalEnergies’s Singapore subsidiary, TotalEnergies Gas & Power Asia.The contract is to supply 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per year over a period of 3 years plus one quarter…

MET Group to Build Its First LNG Vessel in Partnership with Celsius

Oct 01, 2024

As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build its first LNG vessel, scheduled for delivery in 2027.The LNG carrier will be constructed by China Merchants Heavy Industry (Jiangsu)…

International Consortium Secures Work on LNG Scheme off Mozambique

Sep 30, 2024

McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 project in Mozambique.The project is a joint venture between ExxonMobil Development Africa…

Van Oord Concludes Construction of Wilhelmshaven FSRU Jetty in Germany

Sep 30, 2024

Van Oord has successfully completed the construction of the floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany for its client Deutsche Energy Terminal (DET).The project was managed by FSRU Wilhelmshaven, a joint venture between ENGIE and TES…

Mitsubishi Boosts Stake in Petronas’ Malaysia LNG Plant

Sep 27, 2024

Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas…

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

Sep 27, 2024

India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…

TotalEnergies Signs LNG Supply Deal with South Korea’s HD Hyundai Chemical

Sep 24, 2024

TotalEnergies has signed a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of liquefied natural gas (LNG) per year for seven years starting from 2027.Thanks to this agreement, with prices indexed both to Brent and Henry Hub…

ABS Grants Approval for Wison's New FLNG Design

Sep 20, 2024

A new design for a 268-meter floating liquefied natural gas (FLNG) facility from Wison New Energies received approval in principle (AIP) from classification society ABS.The unit is designed to perform offshore and at-shore with an expected production capacity of 1…

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Sep 19, 2024

TotalEnergies has secured a five-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market…

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