Norway’s Stolt-Nielsen confirmed that it is in discussions with a strategic buyer to sell up to 50 percent of its interest in UK-based small-scale player Avenir LNG.
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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.
Japan's shipping giant NYK has completed the acquisition of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen following regulatory approvals.