LNG

Baker Hughes has been awarded a major contract to provide a modularised LNG system and power island.

Australia’s oil and gas sector says strong future LNG export earnings underscore the need for regulatory certainty in areas such as project approvals to encourage new gas supply investment.

Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.

The AES Corporation has agreed to minority sell-downs of its businesses in the Dominican Republic and Panama, as an expansion of its existing strategic partnership with Grupo Linda and AFI Popular.

Enagás has finalised the acquisition of 10% of the shares of Hanseatic Energy Hub GmbH.

KBR has been awarded an EPC management contract by Woodside Energy, as operator for and on behalf of the Pluto joint venture.

Worley will develop the FEED and EPC scope of work for QatarEnergy LNG’s carbon sequestration facility, capable of capturing 4.3 million metric tpy of carbon dioxide.

NextDecade Corporation’s subsidiary, Rio Grande LNG, LLC, has entered into a credit agreement for US$356 million of senior loans to finance a portion of the first three LNG trains at NextDecade’s Rio Grande LNG export facility in Texas.

Sempra Infrastructure has announced that the Federal Energy Regulatory Commission has approved the permit authorising the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas.

Commonwealth LNG has entered into a heads of agreement with EQT for 1 million tpy of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana.

QatarEnergy has announced that Qatargas has changed its name to QatarEnergy LNG.

The U.S. Energy Information Administration has reported that the US exported more LNG than any other country in 1H23.

Sempra Infrastructure has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.

ADNOC Gas plc has announced an agreement, valued between US$450 million – US$550 million, to supply LNG to PetroChina International Company Ltd.

The Methane Abatement in Maritime Innovation Initiative (MAMII) more than doubled its membership in its first 12 months, as announced at Gastech 2023 in Singapore.