Top 5 news of the week October 30-November 5

LNG Prime brings you the five most popular news on our platform during the week of October 30-November 5, 2023.

1) Houston-based Gulfstream LNG has selected Baker Hughes, Honeywell UOP, and Kiewit as the company’s technical partners for the development of its mid-sized onshore LNG export project in Plaquemines Parish, Louisiana.

2) US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, reported a wider net loss in the third quarter of this year, while its gas production rose compared to the same period in 2022.

3) US shale gas producer Chesapeake Energy has signed a heads of agreement with Geneva-based trader Vitol to supply the latter with liquefied natural gas (LNG) from a liquefaction plant in the US.

4) UK-based energy giant BP is “hopeful” that it will launch the first phase of its Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal in the first quarter of 2024, according to its interim CEO Murray Auchincloss.

5) Malaysia’s LNG shipper MISC has entered into a deal with a unit of its parent Petronas to convert a 2002-built LNG carrier with a steam turbine propulsion into a floating storage unit for the Pengerang regasification terminal in Johor.

Most Popular

Excelerate says purchased LNG carier set for FSRU conversion

US FSRU player Excelerate Energy confirmed on Monday that its recently purchased LNG carrier Excelerate Shenandoah is the company's first FSRU conversion candidate.

Nebula’s AG&P LNG to take FID on Venice Energy’s LNG project in 2025

Nebula Energy’s AG&P LNG is expected to make a final investment decision on Venice Energy's FSRU-based LNG import project in the Port of Adelaide, South Australia, later this year after it agreed to buy the project.

Excelerate working to expand Jamaican LNG business

US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

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