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.
Japan's shipping giant NYK has completed the acquisition of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen following regulatory approvals.
Italy's Adriatic LNG, owned by VTTI and Snam, reported steady regasified volumes from its Adriatic Sea facility in the first half of this year despite the ongoing crisis in the Middle East.