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.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
US-based Ebara Elliott Energy has joined forces with South Korea's Doosan Enerbility to co-develop gas turbine-driven centrifugal compressors for the liquefied natural gas (LNG) industry.
Korea Southern Power (Kospo) has signed a memorandum of understanding with a unit of US energy giant ExxonMobil to collaborate on the development of combined-cycle gas turbine power projects and the LNG supply chain in the US.