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LNG

Gazprom and OMV sign asset swap agreement

Subject to the deal, OMV will acquire a 24.98% stake in the project developing Blocks 4A and 5A of the Achimov deposits at the Urengoy field.

 
 
 
 
 

Teekay launches LNG newbuild

Teekay has announced the launch of its second LNG MEGI newbuilding from the DSME shipyard in South Korea.

 
 
 
 
 
 
 
 

Stork to acquire Giovenco, Australia

The acquisition includes Giovenco’s 50% stake in a joint venture for a multi-million dollar contract for painting, insulation, and fireproofing on Chevron’s Wheatsone LNG plant.

 

Excelerate drops Lavaca Bay LNG project

Excelerate Liquefaction Solutions has informed the US FERC that it intends to withdraw its application to construct the Lavaca Bay LNG terminal.