Top 5 news of the week July 24-30

LNG Prime brings you the five most popular news on our platform during the week of July 24-30, 2023.

1) Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, expects to take a final investment decision on its first floating LNG producer in October this year.

2) US energy services firm Baker Hughes remains optimistic on the LNG outlook and still expects the market to exceed 65 mtpa of FIDs this year and should see a similar level of activity in 2024, according to the company’s CEO, Lorenzo Simonelli.

3) Chinese shipbuilder Hudong-Zhonghua and French LNG containment specialist GTT have developed a new 174,000-cbm LNG carrier design with three storage tanks.

4) Italian energy firm Edison, a unit of EDF, said that its profit declined in the first half due to a delay in liquefied natural gas deliveries from Venture Global LNG’s Calcasieu Pass plant in the United States.

5) Nigeria’s UTM Offshore and state-run Nigerian National Petroleum Corp (NNPC) have signed a heads of terms under which the latter will take a stake in UTM’s planned floating LNG producer and supply feed gas to the unit.

Most Popular

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

MOL’s LNG carrier to feature SOFC tech

Japan's MOL and South Korea's Samsung Heavy Industries have received approval from classification society LR for the design of a 174,000-cbm LNG carrier integrating solid oxide fuel fell (SOFC) technology.

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