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.

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