US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.
Yangzijiang Shipbuilding's 175,000-cbm Yangze LNG 01, the first large LNG carrier built by a private Chinese shipbuilder, has completed its maiden voyage.
Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping's two newbuild liquefied natural gas (LNG) carriers.
Italian energy firm Eni and Switzerland-based energy trader Mercuria have signed a deal to create a joint venture aimed at overseeing energy commodities trading activities across global energy markets, including liquefied natural gas (LNG).