Malaysia’s Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country’s first FSRU-based LNG import terminal in Lumut, Perak.
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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.
Gas Malaysia has signed a joint study and collaboration agreement with Petronas Gas, a Petronas unit, for an onshore lateral pipeline linking to the planned FSRU-based LNG terminal in Yan, Kedah.
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.
Malaysian energy giant Petronas reported a rise in its liquefied natural gas (LNG) sales and net profit for the first half of this year compared to the same period last year.
Egypt, which has turned to LNG imports over the last two years to cover domestic natural gas shortages, will receive more much-needed gas supplies after UK-based LNG giant Shell and its partners took a final investment decision on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession.