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.
Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.
Japan's Inpex has acquired 50 percent participating interests each in two of BP's Indonesian offshore blocks where multiple gas
and oil fields have been discovered.
Japan’s Inpex has exercised its right to pre-empt the sale of Jera’s 0.735 percent participating stake in the Inpex-operated 8.9 mtpa Ichthys LNG project to EIG's MidOcean Energy.
Japan’s Inpex said on Friday that it expects to take a final investment decision on the Abadi LNG project in Indonesia "around mid-2027," while the company also started EPC tendering for the project.