Adnoc’s XRG boosts stake in NextDecade’s Rio Grande LNG

Adnoc’s investment unit XRG has completed the previously announced acquisition of an additional equity interest in Trains 4 and 5 of NextDecade’s Rio Grande LNG terminal in Texas.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

TotalEnergies picks Daewoo E&C for Papua LNG contract

French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.

Golar eyes fleet of more than seven FLNGs

Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.

Atlantic spot LNG rates drop to $40,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $40,000 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
spot_img

More News Like This

YPF, partners seek RIGI investment scheme for $51 billion Argentina LNG project

Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.

YPF, partners target Argentina LNG FID by year-end

Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.

Sterling delivers Rio Grande LNG tug

Texas-based Sterling Shipyard has delivered a tug to a joint venture comprised of Bay-Houston Management, Moran Towing, and Suderman & Young Towing. The new tug will serve NextDecade's Rio Grande LNG project in Texas.

NextDecade inks deal with Baker Hughes to secure equipment for sixth Rio Grande LNG train

US LNG developer NextDecade has signed a reservation agreement with compatriot Baker Hughes to secure main refrigeration compressors for the planned sixth liquefaction train at its Rio Grande LNG terminal in the Port of Brownsville, Texas, according to Matt Schatzman, NextDecade chairman and CEO.