LNG

Woodside has signed a binding sale and purchase agreement with JERA for the sale of a 15.1% non-operating participating interest in the Scarborough joint venture.

Allseas’ Pioneering Spirit has completed the infield pipelay scope for BP’s ultra-deepwater GTA LNG project offshore Mauritania and Senegal.

Equinor has signed a 15-year LNG supply agreement with Indian fertilizer and petrochemical company, Deepak Fertilizers.

The U.S. Federal Energy Regulatory Commission has issued an extension to its order authorising the construction of Tellurian’s Driftwood LNG facility near Lake Charles, Louisiana.

Global demand for LNG is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’s LNG Outlook 2024.

JERA Co., Inc. has announced the signing of a memorandum of understanding to collaborate on LNG value chain mainly with PT PLN Energi Primer Indonesia, a subsidiary of PT PLN (Persero).

MidOcean Energy has entered into a definitive agreement with SK Earthon to acquire its 20% interest in Peru LNG.

TGE Gas Engineering has completed its Huizhou LNG receiving terminal EPC project.

Shell has contracted ABL's specialist master data build and optimisation software to support a number of its large scale newbuild projects, including LNG Canada, Crux, and Jackdaw.

According to analysis by the U.S. Energy Information Administration, developers advanced three LNG projects to the construction phase in 2023, following the signing of sale and purchase agreements underpinning the projects.

Centrica Energy and Repsol have announced the signing of a deal that will improve the UK’s energy security in the coming years.

Tellurian Inc. has asked its financial advisor, Lazard, to explore opportunities for the sale of its upstream business.

QatarEnergy has entered into a 20-year LNG sale and purchase agreement with Petronet LNG Ltd for the supply of 7.5 million tpy of LNG destined to the Republic of India.

Cryopeak LNG Solutions Corp. and Ferus Natural Gas Fuels Inc. have merged, forming a new LNG production and distribution technology-focused entity which is now named Cryopeak Energy Solutions Corp.

Sempra Infrastructure, a subsidiary of Sempra, has entered into a memorandum of understanding with the Japan Bank for International Cooperation to co-operate on opportunities to advance the energy transition.