Aramco working on further LNG expansion

Energy behemoth Aramco is working to build further its LNG positions that give the company access to LNG offtake, according to executive vice president and CFO Ziad Al-Murshed. Saudi Arabia’s Aramco made its first international investment in LNG last year to capitalize on rising LNG demand. In September 2023, Aramco agreed to buy a minority stake in…

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Venture Global seals new deals to support expansion of its power network

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.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

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EIG’s MidOcean secures more than $4 billion in equity commitments

MidOcean Energy, the LNG unit of US-based energy investor EIG, has concluded its 2026 equity capital raise, securing more than $4 billion in closed and pending commitments over the last 12 months from new strategic and institutional investors, as well as re-ups from existing investors.

Inpex exercises right to buy Jera’s Ichthys LNG stake

Japan’s Inpex has exercised its right to pre-empt the sale of Jera’s 0.735 percent participating stake in the Inpex-operated 8.9 mtpa Ichthys LNG project to EIG's MidOcean Energy.

NYK to invest in EIG’s MidOcean

Japan's shipping giant NYK has decided to invest in MidOcean Energy, the LNG unit of US-based energy investor EIG.

Delfin joins forces with EIG’s MidOcean to advance second US FLNG

US FLNG developer Delfin Midstream is joining forces with MidOcean Energy, the LNG unit of US-based energy investor EIG, to move forward with the second floating LNG unit as part of its project offshore Louisiana.