Australian LNG producer Woodside reported a 24 percent drop in its first-half profit due to lower prices, depreciation costs, and a pre-tax impairment on the H2OK project following the decision to scrap the US hydrogen project.
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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.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Australian LNG player Woodside continues to make progress on the first phase of its Louisiana LNG export terminal, including the first 235,000-cbm storage tank.
UK-based energy giant BP has agreed to sell a 5 percent stake in the planned Woodside-led Browse LNG project in Australia, which would deliver natural gas from the Calliance, Torosa, and Brecknock fields to the existing Karratha gas plant, to Japan's Osaka Gas.
Australian LNG player Woodside has installed the third and final module for Pluto LNG’s Train 1 modifications project at the site in Karratha, Western Australia.