Golar LNG has acquired New Fortress Energy's (NFE) stake in FLNG Hilli - also known as Hilli Episeyo. 'In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 million NFE shares to NFE, paid NFE $100 million in cash…
Golar LNG agreed to acquire New Fortress Energy's (NFE) ownership stake in FLNG Hilli in exchange for Golar's remaining 4.1 million shares in NFE and $100 million in cash.Golar will also take over approximately $323 million in debt obligations linked to Hilli…
The FPSO built for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has set sail towards the project site off the coasts of Mauritania and Senegal.The FPSO departed the Cosco shipyard in Qidong, China, on Friday…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Italian oil giant Eni has signed a contract with China's Wison Heavy Industry for the construction and installation of a floating liquefied natural gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo…
Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit 'was rapidly extinguished.'The 488-meter-long, Shell-operated…
U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…
Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR.This will be Nigeria's first floating liquefied natural gas (FLNG) facility…
The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility…
Singapore's Sembcorp Marine has signed Master Service Agreements with New Fortress Energy Inc. for the engineering and conversion of two Sevan cylindrical drilling vessels into Floating LNG ('FLNG') liquefaction facilities, including the fabrication and integration of LNG topside modules…
Oilfield services firm Baker Hughes said Friday it had secured a new service contract for maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating…
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…
Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar's company Export LNG Ltd, which owns the Tango FLNG…
Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.Shell last week began shutting down the 3…
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located…
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