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.
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.
Greece's Capital Clean Energy Carriers (CCEC) and France's CMA CGM have ordered one LNG bunkering vessel from Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering. Upon delivery in 2028, the vessel will serve a long-term charter deal with a joint venture of TotalEnergies and CMA CGM.
LNG carrier owner Capital Clean Energy Carriers (CCEC) brought forward the delivery of its three LNG carriers under construction to capitalize on opportunities arising from the volatile market caused by the Middle East conflict.
LNG carrier owner Capital Clean Energy Carriers (CCEC) has agreed to sell its 2023-built LNG carrier Amore Mio I to a unit of a joint venture it formed with global energy trader BGN Group. The JV has secured a 10-year time charter of the vessel with BGN.