Floating LNG player Golar LNG has closed a new $600 million senior secured revolving credit facility to further strengthen its balance sheet flexibility and facilitate further FLNG growth.
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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.
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.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.
Floating LNG player Golar has entered into a letter of intent with Singapore's Seatrium to secure incremental FLNG yard capacity for another FLNG conversion.
Floating LNG player Golar LNG said that it had executed an engineering, procurement, and construction (EPC) agreement with China's Yantai CIMC Raffles Offshore for its fourth FLNG and second MKII FLNG with an annual liquefaction capacity of 3.5 mtpa.
Golar LNG's FLNG Hilli, which has worked offshore Cameroon’s Kribi since 2018, has left the country under tow and is on its way to Seatrium’s shipyard in Singapore, where upgrades and life extension work will be carried out prior to its deployment in Argentina.