US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.
US energy giant ExxonMobil and its partners in the Rovuma LNG project in Mozambique are still targeting a final investment decision on the LNG project by the end of this year, according to ExxonMobil CEO Darren Woods.
The ExxonMobil-operated PNG LNG project in Papua New Guinea shipped 29 cargoes of liquefied natural gas in the second quarter of 2026, the same as in the same quarter last year and one cargo more than in the prior quarter, according to shareholder Australia’s Santos.
Snam’s FSRU-based LNG import terminal in the Italian port of Piombino has received its first LNG cargo from the Golden Pass LNG export terminal in Texas, according to shipping data.