Top 5 news of the week December 6-12

LNG Prime brings you the five most popular news on our platform during the week of December 6-12, 2021.

1) US energy services firm Baker Hughes has won a contract to supply equipment for the expansion of Woodside’s Pluto LNG plant located on Western Australia’s Burrup Peninsula.

2) Australia’s Viva Energy said it has signed deals with Woodside and Hoegh LNG for the planned FSRU-based LNG import terminal at its Geelong refinery.

3) Brazil’s state-owned energy firm Petrobras said it has transferred operations of the Bahia LNG terminal to Texas-based floating LNG player Excelerate Energy.

4) Malaysia’s Jaks Resources said it has signed a memorandum of understanding with T&T Group to work on LNG-to-power projects in Vietnam.

5) UTM Offshore said it has signed a deal with the African Export-Import Bank (Afreximbank) to secure up to $5 billion for the development of Nigeria’s first floating LNG producer.

Most Popular

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Centrica, Devon Energy seal 10-year gas supply deal

UK-based energy firm Centrica has entered into a natural gas sale and purchase agreement with US-based Devon Energy, further boosting its LNG portfolio.

Atlantic LNG rates remain at $36,000 per day, European prices down

Atlantic spot LNG shipping rates remained at $36,000 per day this week, while European prices continued to drop.

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