Floating LNG

Exmar has released a statement claiming that it has secured a US$200 million financing for the Caribbean FLNG project.

Work is part of a five-year service agreement awarded to the Malaysian company last year.

GE Oil & Gas has announced that it has signed a long-term agreement to collaborate with EEA on the offshore Mozambique developments that it operates.

Wood Group has secured a front end engineering and design contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System, located offshore Greece.

China is planning to pump almost US$7 billion into FLNG projects in Africa.

TRACE has been awarded a six-year contract by INPEX for maintenance services to support the operation of the Ichthys LNG onshore facilities in Darwin, Australia.

Golar LNG Ltd has signed a joint development agreement with Delfin Midstream to develop the Delfin LNG project using Golar’s floating LNG technology.

LNG Gorskaya has launched a US$379 million project to become the first LNG exporter from Russia's European coast.

ABS has announced that it has granted approval in principal for a floating LNG power plant and floating storage and regasification unit design concept developed by Chiyoda Corp.

Aqualis Offshore has announced that it has completed its position keeping role for the Ichthys LNG project’s central processing facility, which is now moored to a storm safe condition in Australian waters.

Gaztransport & Technigaz has announced that it has received an order from Samsung Heavy Industries to equip a new floating LNG unit.

According to Reuters, the Australian state of Victoria is working alongside AGL Energy to study the possibility of constructing an LNG import terminal to increase local gas supply.

The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a FLNG facility.

The project would cost US$8 billion and LNG exports were expected to start in 2022.

The sanction of Eni’s Mozambican Coral South FLNG project moves yet another development off Rystad Energy’s delayed FIDs tracker.