According to Oman LNG, the deal is for four years starting in 2026. Under the agreement, Kansai Electric Power FTS (Kefts), a unit of Kepco, will buy 0.4 mtpa of LNG from Oman LNG. Oman […]
It almost seems too predictable to even mention at this point, but it turns out the rationale used by the Biden-Harris White House and Energy Department to justify its year-long “pause” in liquefied natural gas […]
“The FID was taken within the last two weeks,” a spokesman for German LNG Terminal told LNG Prime on Tuesday. The JV recently received planning approval from the local government. One of the requirements for […]
According to a statement by BP China, the shipment arrived at the Wenzhou LNG terminal on October 7. BP China did not provide further details regarding the shipment. BP has created a fully integrated gas […]
China’s Jiangnan Shipyard has launched the second 175,000-cbm LNG carrier it is building for a unit of UAE’s Abu Dhabi National Oil Co (Adnoc). According to CSSC’s Jiangnan, the launching ceremony for the LNG carrier […]
GTT received the order during the third quarter of 2024. Under the order, Samsung Heavy contracted GTT to design tanks for two 174,000-cbm LNG carriers. These vessels will be fitted with GTT’s Mark III Flex […]
Woodside said on Wednesday it has acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share. The implied enterprise value is about $1.2 billion. Woodside announced on July 22 that […]
LNG as shipping’s preeminent alternative fuel continues to make waves, both in terms of newbuild contracts as well as from its fierce opponents. Lobby group SEA-LNG has announced this week that active LNG-fuelled vessels now […]
Daily Standup Top Stories Is Israel Waiting For The U.S. Elections To Make Its Biggest Move Against Iran? October 7, 2024 Stu Turley Israel faces mounting pressure to strike Iran’s nuclear facilities amid escalating missile attacks, […]
Under the terms of the deal, McDermott expects to receive $475 million of proceeds before taxes and transaction expenses. McDermott expects to complete the transaction in the fourth quarter of this year. The transaction is […]
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