US energy services firm Baker Hughes has secured a new contract from compatriot engineering company Bechtel to supply main liquefaction equipment for Train 5 of NextDecade’s Rio Grande LNG facility in the Port of Brownsville, Texas.
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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.
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.
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.
US energy services firm Baker Hughes booked $2.9 billion of LNG equipment orders in the first half of this year, already exceeding the full-year total from last year, according to CEO Lorenzo Simonelli.