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.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Glenfarne’s Magnolia LNG has signed a long-term feed gas deal with Texas Eastern Transmission for its planned liquefaction and export plant in Louisiana.
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 exporter Cheniere is set to start LNG production at the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas following the latest approval from the US FERC.