Top 5 news of the week July 31-August 6

LNG Prime brings you the five most popular news on our platform during the week of July 31-August 6, 2023.

1) French energy giant TotalEnergies and its partners in the $20 billion Mozambique LNG project are still in talks with the contractors regarding the cost terms of their contracts as they work to restart the project.

2) US exporter Venture Global LNG says it is “on track” to start construction later this year on its proposed CP2 LNG terminal in Louisiana after it received a positive final environmental impact statement.

3) UK-based energy giant BP is now expecting to launch the first phase of its Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal in the first quarter of 2024.

4) New Fortress Energy’s utilities and accommodation rig, Pioneer III, has arrived in Mexico to start serving the company’s first FLNG project off Altamira.

5) The 170,000-cbm FSRU Transgas Force, owned by Dynagas, has arrived in Germany’s Bremerhaven where it will be prepared for its upcoming job in Stade, according to Hanseatic Energy Hub.

Most Popular

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.

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