Angola’s state-owned energy firm Sonangol has ordered two more liquefied natural gas (LNG) carriers from South Korea’s HD Hyundai Samho Heavy Industries.
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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.
South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said it had developed a domestically produced high-pressure fuel pump for liquefied natural gas (LNG)-powered vessels.
Azule Energy, a joint venture of UK-based BP and Italy's Eni, and other partners will send more natural gas for liquefaction at the Angola LNG plant in Soyo following a final investment decision on the Greater PAJ project offshore Angola.
Classification society Lloyd’s Register (LR) has joined forces with South Korea's HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries to develop a new generation of LNG carrier designs using hybrid electric propulsion.