Top 5 news of the week October 30-November 5

LNG Prime brings you the five most popular news on our platform during the week of October 30-November 5, 2023.

1) Houston-based Gulfstream LNG has selected Baker Hughes, Honeywell UOP, and Kiewit as the company’s technical partners for the development of its mid-sized onshore LNG export project in Plaquemines Parish, Louisiana.

2) US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, reported a wider net loss in the third quarter of this year, while its gas production rose compared to the same period in 2022.

3) US shale gas producer Chesapeake Energy has signed a heads of agreement with Geneva-based trader Vitol to supply the latter with liquefied natural gas (LNG) from a liquefaction plant in the US.

4) UK-based energy giant BP is “hopeful” that it will launch the first phase of its Greater Tortue Ahmeyim FLNG project located offshore Mauritania and Senegal in the first quarter of 2024, according to its interim CEO Murray Auchincloss.

5) Malaysia’s LNG shipper MISC has entered into a deal with a unit of its parent Petronas to convert a 2002-built LNG carrier with a steam turbine propulsion into a floating storage unit for the Pengerang regasification terminal in Johor.

Most Popular

Financing secured for Manzanillo LNG-to-power project

Manzanillo Gas & Power has secured financing for its Manzanillo LNG-to-power project in the Dominican Republic, which includes a floating storage and regasification unit (FSRU).

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.

ExxonMobil dishes out $1.1 billion in Rovuma LNG contracts

US energy giant ExxonMobil and its partners in the planned Rovuma LNG project in Mozambique have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment.

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