JGC, Hyundai E&C secure Papua LNG EPC contract

Japan’s JGC and South Korea’s Hyundai Engineering & Construction have been selected as the engineering, procurement, and construction (EPC) contractor for the TotalEnergies-led Papua LNG project in Papua New Guinea. The final EPC contract award is expected after the project’s final investment decision (FID) in 2026, according to JGC.

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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.

Gasunie, Vopak plan fifth Gate LNG jetty

Dutch partners Gasunie and Vopak plan to build a fifth liquefied natural gas (LNG) jetty at their Gate terminal in the port of Rotterdam.

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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.

TotalEnergies, partners seal Papua LNG deal with Papua New Guinea

France’s TotalEnergies and its partners in the Papua LNG export project have signed amendments to the project's gas agreement with the government of Papua New Guinea, paving the way for a final investment decision by the end of the year.

Santos: GLNG to buy Meridian CSG project

Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.

Belgium’s Zeebrugge terminal to receive latest Golden Pass LNG cargo

The Fluxys-operated LNG import facility in the Belgian port of Zeebrugge is expected to receive another cargo from the Golden Pass LNG export terminal in Texas, owned by QatarEnergy and ExxonMobil, according to shipping data.