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.
Saudi Arabia’s shipping firm Bahri has ordered two LNG dual-fuel roll-on/roll-off container vessels, with an option for an additional two units, in China.
Japan's shipping giant K Line has ordered four LNG dual-fuel car carriers from China Merchants Jinling Shipyard (Nanjing) for its European short-sea shipping operations.