French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.
Floating LNG player Golar has entered into a letter of intent with Singapore's Seatrium to secure incremental FLNG yard capacity for another FLNG conversion.
Floating LNG player Golar LNG said that it had executed an engineering, procurement, and construction (EPC) agreement with China's Yantai CIMC Raffles Offshore for its fourth FLNG and second MKII FLNG with an annual liquefaction capacity of 3.5 mtpa.
Atlantic spot LNG shipping rates continued to drop this week, decreasing to $51,750 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending August 5, down four cargoes from the week before, according to the Energy Information Administration.