LNG

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

While geopolitical risks and potential project delays could shift this balance, the prospect of sustained LNG surplus poses a critical question for Africa: how can the continent strengthen domestic gas value chains to shield itself from global market volatility?

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.

Sawgrass LNG & Power has celebrated eight years of LNG exports to The Bahamas, marking a significant milestone in US-Bahamian energy co-operation.

Caturus has authorised full purchase orders for major equipment in anticipation of final investment decision for the Commonwealth LNG export facility in Louisiana, the US.

Fluor Corp. has reached an agreement to divest its portion of its Zhuhai fabrication yard in China’s Guangdong province to Offshore Oil Engineering Co., Ltd.

bp has appointed Meg O’Neill as bp’s next CEO, effective 1 April 2026.

Wärtsilä has agreed to divest its Gas Solutions business to the German private equity investor, Mutares SE & Co. KGaA.

ADNOC, in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Ltd, has signed a structured financing transaction of up to US$11 billion to monetise Hail and Ghasha’s midstream future gas production.

Woodside CEO and Managing Director, Meg O’Neill, has advised the Board of her resignation and has accepted the role of Chief Executive Officer at bp p.l.c.

GAZ-SYSTEM has launched preliminary market consultations concerning the planned purchase of biomethane for use in technological processes.

New Fortress Energy Inc. has extended its forbearance agreement with representatives of the holders of its new senior secured notes due 2029 from 15 December 2025 to 9 January 2026.

Trinity Gas Storage, LLC has reached final investment decision on Phase II of its gas storage development project in East Texas.

Equinor has released updated estimates for progress and costs for the Snøhvit Future project.

Saipem, in partnership with Offshore Oil Engineering Co. Ltd, has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package of the North Field Production Sustainability Offshore Compression Complexes project.