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.
Switzerland-based Axpo and energy trader Vitol have completed what they say is the first ship-to-ship LNG refueling at the Port of Civitavecchia, Italy’s largest cruise port.
Italian energy firm Eni said on Wednesday that its previously announced sale of a 25 percent stake in the Congo LNG project to energy trader Vitol was not finalized.
Energy trader Vitol and UAE-based International Resources Holding (IRH) have signed a 20-year LNG sales and purchase agreement for volumes from Delfin Midstream’s floating LNG project in the US.
Delfin Midstream has taken a final investment decision for the first 4.4 mtpa floating liquefied natural gas unit of its LNG project under development in Louisiana. Delfin says the FLNG is the first floating liquefaction facility in the United States and the world's largest FLNG.