Hanwha Aerospace forms US LNG unit

Hanwha Aerospace, a unit of South Korean conglomerate Hanwha, has formed a new unit in the US to oversee its liquefied natural gas (LNG) business.

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TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

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.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

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.

K Line, Petronas name LNG carrier duo in China

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.

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BW’s steam LNG carrier set for FSRU conversion

BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).

Hanwha Ocean inks MoU with Kanata for Canadian FLNG project

South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.

Venture Global, Hanwha Aerospace ink 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a long-term sales and purchase deal with Hanwha Aerospace, a unit of South Korean conglomerate Hanwha. This is Venture Global's first long-term LNG supply deal in South Korea.

Hanwha to join Canadian LNG export project

South Korean conglomerate Hanwha has signed a memorandum of understanding with Fermeuse Energy to jointly develop the latter's planned LNG export project in the Canadian province of Newfoundland and Labrador.