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.
Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping's two newbuild liquefied natural gas (LNG) carriers.
Oman's Asyad Shipping has completed its previously announced sale of four of its steam liquefied natural gas (LNG) carriers as part of its fleet renewal strategy.