PNG’s Kumul eyes FLNG FID in 2026 or 2027

Papua New Guinea’s national oil and gas company, Kumul Petroleum, expects to make a final investment decision on PNG’s first FLNG project in 2026 or 2027. China’s FLNG builder Wison New Energies, announced on Friday it had secured a pre-FEED contract from Kumul for the FLNG with an expected capacity of 1.5 mtpa. Wison said pre-FEED will…

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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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Genting wraps up stake sale in Indonesian FLNG project

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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.

Wison strengthens its FLNG offering with Shell deal

Chinese FLNG builder Wison New Energies has signed a collaboration agreement to integrate Shell’s liquefaction technology into its floating...

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.