Offshore LNG News - page 5


Eni Wraps Up Sale of Non-Core Congo Assets to Perenco

Mar 13, 2024

Italian oil and gas giant Eni has concluded the sale of its participation interest in several upstream permits in Congo to Perenco, as it shifts focus on its major developments in the country.Eni and Perenco did not disclose any additional details regarding the value of the deal…

Shell's LNG Boss Hill Leaves Company

Mar 11, 2024

Shell's head of liquefied natural gas (LNG), natural gas and power trading Steve Hill is leaving the company, Shell said on Monday.Hill chose to leave, Shell said, adding he would hand over his responsibilities and his successor would be announced in the coming weeks…

AG&P LNG Grabs Stake in $500M LNG Terminal in South Vietnam

Mar 08, 2024

AG&P LNG, a subsidiary of Nebula Energy, has acquired a 49% stake in fully constructed Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam.The Cai Mep LNG terminal was developed by Hai Linh Company, a prominent petroleum product import terminal and trader in Vietnam…

Multiconsult Pens Call-Off Deal for Hammerfest LNG Electrification

Mar 05, 2024

Oslo-listed company Multiconsult has signed call-off option with Equinor for the grid connection providing electrification of Hammerfest LNG (HLNG) as part of the Snøhvit Future project.The call-off includes management assistance and follow…

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Mar 05, 2024

INPEX Masela (INPEX), a subsidiary of INPEX Corporation, has awarded Fugro a significant marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia.Fugro will perform geophysical and geotechnical surveys needed to…

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Mar 05, 2024

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said…

Developers Postpone Cedar LNG Final Investment Decision

Mar 04, 2024

Cedar LNG and its partners, the Haisla Nation and Pembina Pipeline, have postponed the final investment decision (FID) for the proposed floating LNG facility in Canada's British Columbia to mid-2024.Cedar LNG has completed several key project deliverables…

Quick Connect: OAL Subsea Pipeline Completed

Mar 01, 2024

Making a twist on the proverb 'necessity is the mother of invention', GASCADE Gastransport GmbH and StreamTec Solutions AG completed the Ostsee Anbindungsleitung (OAL) subsea pipeline connecting the Mukran LNG terminal to the German energy grid at Lubmin in 18 months…

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

Feb 29, 2024

French energy major TotalEnergies has signed a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Sembcorp Fuels, a wholly owned subsidiary of Singapore-based Sembcorp Industries.The deal entails the delivery of up to 0.8 million…

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

Feb 28, 2024

Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals…

Woodside and Kogas Agree LNG Supply Deal

Feb 27, 2024

Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of LNG to Korea.The SPA provides for the supply of approximately 0.5 million tonnes per annum of LNG for a period of 10.5 years on a delivered basis…

Congo’s First LNG Cargo to Set Sail in Coming Days

Feb 27, 2024

The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries…

Energos Celsius FSRU Reaches Its Final Destination

Feb 26, 2024

Energos Celsius floating storage and regasification unit (FSRU), on a long-term for New Fortress Energy (NFE), has arrived to NFE’s LNG terminal in Barcarena in Brazil’s Pará state.The FSRU Energos Celsius was built by Seatrium and delivered to NFE in December 2023…

QatarEnergy Expanding North Field LNG Development

Feb 25, 2024

QatarEnergy has announced that it is proceeding with a new LNG expansion project, the “North Field West” project, to raise the nation’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade.This represents an increase of almost 85% from current production levels…

Shell's LNG Trading Makes $2.4B in Final 2023 Quarter

Feb 23, 2024

Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.Shell did…

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