State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.
South Korean shipbuilder Hanwha Ocean is teaming up with Korean Register (KR) to jointly develop two design concepts for an 18,000-cbm LNG bunkering vessel.
Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $665 million in the second quarter of this year, a drop of 52 percent year-on-year due to disruptions caused by the ongoing Middle East conflict. Adnoc Gas has also taken the final investment decision on the second and third phases of its Rich Gas Development (RGD) project.
UAE's energy giant Adnoc said on Tuesday it is accelerating its integrated global gas growth strategy with a $6.2 billion final investment decision (FID) to develop the Umm Shaif gas cap project in Abu Dhabi alongside its international partners TotalEnergies, Eni, and CNPC.