Top 5 news of the week May 15-21

LNG Prime brings you the five most popular news on our platform during the week of May 15-21, 2023.

1) State-owned LNG giant QatarEnergy has awarded the engineering, procurement, and construction contract for the North Field South (NFS) project to a joint venture of Technip Energies and Consolidated Contractors Company.

2) Shell has resumed shipping liquefied natural gas from its 3.6 mtpa Prelude floating LNG producer offshore Western Australia following an unplanned two-day shutdown.

3) Australian engineering firm Worley and US LNG exporter Venture Global LNG have signed a deal for the construction of the latter’s proposed CP2 LNG export terminal in Louisiana.

4) A unit of China’s state-owned energy giant PetroChina said it had supplied the commissioning cargo to Hong Kong’s first FSRU-based LNG import facility, owned by a joint venture of CLP Power and HK Electric.

5) Japan’s shipping giant K Line has signed a long-term deal to charter a newbuild LNG carrier to Mitsubishi Corporation’s unit Diamond Gas International.

Most Popular

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

Adnoc L&S sells two steam LNG carriers for scrap

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has sold two steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

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