Costs for Equinor’s Snohvit Future project, which includes upgrading the 4.3 mtpa Hammerfest LNG export facility on Melkoya Island in Norway, have increased further from the original estimates.
MidOcean Energy, the LNG unit of US-based energy investor EIG, has concluded its 2026 equity capital raise, securing more than $4 billion in closed and pending commitments over the last 12 months from new strategic and institutional investors, as well as re-ups from existing investors.
Japan’s Inpex has exercised its right to pre-empt the sale of Jera’s 0.735 percent participating stake in the Inpex-operated 8.9 mtpa Ichthys LNG project to EIG's MidOcean Energy.
US FLNG developer Delfin Midstream is joining forces with MidOcean Energy, the LNG unit of US-based energy investor EIG, to move forward with the second floating LNG unit as part of its project offshore Louisiana.