LNG

Baker Hughes has entered into a contract providing a modularised LNG system and power island to Venture Global in the US.

The Government of Bangladesh has signed a transformative heads of agreement with Argent LLC for the purchase of up to 5 million tpy of LNG.

JERA Global Markets Pte. Ltd and ADNOC Gas plc and its subsidiaries have announced the signing of a US$450 million (AED 1.653 billion) LNG supply agreement.

Tamboran Resources Corpo. and Santos Ltd have entered into a non-binding memorandum of understanding to undertake technical studies relating to a potential Darwin LNG Train 2 expansion.

YPF has signed a memorandum of understanding with OIL, GAIL, and OVL for the export of LNG with an estimated target of up to 10 million tpy.

SEA-LNG has published its annual ‘View from the Bridge’ report, highlighting 2024 as another year of growth for the LNG pathway.

The U.S. Department of Energy, effective 21 January 2025, is ending the LNG pause and returning to regular order following direction given by President Donald J. Trump to ‘unleash American energy dominance’.

Gulf Energy Development Plc. has received its inaugural LNG cargo, for Gulf LNG Company Ltd.

MET Group has announced its entry into the Czech market through its Prague-based subsidiary, MET Ceská Republika.

Following recent investment in Western LNG LLC, the remaining development activities for the Ksi Lisims LNG and Prince Rupert Gas Transmission projects are supported through to a final investment decision expected later this year.

ADNOC Gas plc and its subsidiaries has awarded three enabling contracts worth US$2.1 billion for an LNG pre-conditioning plant, compression facilities, and transmission pipelines to supply feedstock to the Ruwais LNG project.

CB&I has been awarded a substantial lump sum contract by TJN Ruwais JV for EPC of two cryogenic tanks and associated civil, structural, mechanical, and piping works for its Ruwais LNG project.

The Heavy Engineering arm of Larsen & Toubro has won multiple orders in 3QFY25 in the overseas and domestic markets, including for an LNG project in the US.

The U.S. Department of Energy and the U.S. Environmental Protection Agency have announced approximately US$850 million for 43 projects selected for negotiation that will help small oil and gas operators, Tribes, and other entities across the country to reduce, monitor, measure, and quantify methane emissions from the oil and gas sector.

JERA Co., Inc. has established the JERA Global Institute think tank to strengthen its intelligence capabilities relating to domestic and international energy trends.