US LNG exporting giant Cheniere has made a positive final investment decision to build two more midscale trains at its Corpus Christi LNG plant in Texas. The company has also issued full notice to proceed to Bechtel.
LNG Prime Annual Subscription Membership Required
You must be a LNG Prime Annual Subscription member to access this content.
French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Norwegian energy firm Equinor has taken delivery of its first liquefied natural gas (LNG) cargo under long-term supply agreements with US LNG exporting giant Cheniere.
US LNG exporter Cheniere has completed the Corpus Christi Liquefaction Stage 3 expansion project in Texas. In addition, Cheniere has also exported its 5,000th LNG cargo since 2016.
US LNG exporting giant Cheniere reported an 88.7 percent year-on-year increase in its second-quarter net income to $3.07 billion, while quarterly revenue rose 23 percent year-on-year to $5.73 billion.