Malaysia’s LNG shipper MISC, a unit of Petronas, expects LNG carrier rates to remain soft this year due to a high number of newbuilds coming into the market, but rates are expected to recover post-2026.
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French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.
Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.
Floating LNG player Golar has entered into a letter of intent with Singapore's Seatrium to secure incremental FLNG yard capacity for another FLNG conversion.
Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.
A unit of Malaysia’s energy giant Petronas has signed a heads of agreement with Japan’s utility Hokuriku Electric to negotiate the renewal of a long-term liquefied natural gas (LNG) supply agreement.
A unit of Malaysia's energy giant Petronas has entered into a new liquefied natural gas (LNG) sales and purchase deal with Japan's city gas supplier and LNG importer, Shizuoka Gas.