Top 5 news of the week June 17-23

LNG Prime brings you the five most popular news on our platform during the week of June 17-23, 2024.

1) Japan’s engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas, owned by QatarEnergy and ExxonMobil, after US construction company Zachry Holdings filed for bankruptcy.

2) China’s Wison New Energies has secured a contract from a unit of Genting to build a floating LNG unit worth about $1 billion. Following completion in 2026, the 1.2 mtpa FLNG will be installed in Indonesia.

3) Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port Authority.

4) South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake in the developer of the Rio Grande LNG export terminal in Texas.

5) London-based oil and gas firm Perenco has purchased a stake in floating LNG player Golar LNG.

Most Popular

BW upgrades LNG carrier

Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW, is upgrading its 2019-built LNG carrier BW Pavilion Aranda with a sub-cooler.

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Sempra, ConocoPhillips seal another 20-year Port Arthur LNG SPA

US energy giant ConocoPhillips has signed a deal with compatriot LNG exporter Sempra Infrastructure, a unit of Sempra, to buy a total of 80 million tonnes of LNG from the proposed second phase of the Port Arthur LNG project in Texas. With this deal, ConocoPhillips will buy a total of 180 million tonnes of LNG from both Port Arthur phases.

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