Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from
US FSRU player Excelerate Energy.
Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $665 million in the second quarter of this year, a drop of 52 percent year-on-year due to disruptions caused by the ongoing Middle East conflict. Adnoc Gas has also taken the final investment decision on the second and third phases of its Rich Gas Development (RGD) project.
UAE's energy giant Adnoc said on Tuesday it is accelerating its integrated global gas growth strategy with a $6.2 billion final investment decision (FID) to develop the Umm Shaif gas cap project in Abu Dhabi alongside its international partners TotalEnergies, Eni, and CNPC.