First GBS of Arctic LNG 2 project (Image: Novatek)
A unit of Russian LNG exporter Novatek has received Russian approval to buy a 10 percent stake in the Arctic LNG 2 project from French energy giant TotalEnergies, according to a presidential decree.
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Chinese FLNG builder Wison New Energies is joining forces with Malaysia's Bumi Armada and FPSO Ventures to jointly advance lease-and-operate solutions for the FLNG market.
French energy giant TotalEnergies has entered into a long-term agreement with South Korea’s GS Energy to supply the latter with liquefied natural gas (LNG).
French energy giant TotalEnergies and Vietnamese conglomerate T&T have signed a memorandum of understanding to jointly develop the 1,500 MW Long Son LNG-to-power project in Vietnam.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
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.