Switzerland-based energy trader Glencore has finalized its previously announced long-term agreement with Kimmeridge’s Commonwealth LNG to buy liquefied natural gas from the latter’s planned LNG export plant in Cameron, Louisiana.
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US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.
Kimmeridge's Caturus has revealed plans for a five-train, 7.75 million tonnes per annum (mtpa) expansion project for its Commonwealth LNG export facility in Cameron Parish, Louisiana, which would nearly double the site’s planned capacity to approximately 17.25 mtpa.
New York-based HPS Investment Partners, part of BlackRock, has decided to invest $500 million in Glenfarne's 4 mtpa Texas LNG export terminal in the port of Brownsville as the project nears a final investment decision.
A unit of Japanese engineering firm Yokogawa has been awarded the role of main automation contractor for Kimmeridge's $13 billion, 9.5 mtpa Commonwealth LNG export project near Cameron, Louisiana.