Atlantic and Pacific LNG shipping rates up, European prices jump

Atlantic and Pacific spot liquefied natural gas (LNG) freight rates increased this week compared to the prior week. European prices rose by 27 percent in the last two weeks. Last week, Pacific rates experienced a $2,500 increase and Atlantic rates decreased. “Spark30s Atlantic rates experienced a week-on-week increase for the first time in a month, rising by…

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TotalEnergies picks Daewoo E&C for Papua LNG contract

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.

Golar inks LoI with Seatrium for new FLNG conversion

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Golar orders fourth FLNG in China

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.
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