Spanish utility Naturgy has signed a memorandum of understanding with state-owned producer Oman LNG on LNG supplies and a potential joint investment in an LNG carrier.
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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.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
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.
Spanish utility Naturgy said that the European Union should reconsider its plans to fully ban Russian LNG imports from 2027 as Europe faces a potential gas supply shortage.