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.
Shell and PetroChina decided to develop the next phase of Arrow Energy’s Surat gas project in Australia's Queensland to deliver more gas to the Shell-operated QCLNG facility on Curtis Island, near Gladstone.
Australian LNG player Woodside has exercised its right to pre-empt the sale of PetroChina International’s 10.67 percent participating stake in the Browse joint venture to Japan's Inpex.