LNG project news

The Board of Directors of the African Development Bank have approved a US$150 million senior loan to support the development of the Coral North floating LNG project.

Hanwha Ocean has signed a strategic memorandum of understanding with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada.

Chiyoda Corp., has been awarded a FEED contract by QatarEnergy LNG for the North Field West LNG onshore facilities in Qatar.

BC Hydro has signed a memorandum of understanding with Ksi Lisims LNG for how and when BC Hydro will deliver clean electricity to the proposed floating LNG facility.

Global gas and LNG markets stand at an inflection point as record supply growth meets uncertain demand recovery and mounting regulatory pressures, according to Wood Mackenzie.

Argent LNG, LLC and Tecnimont S.p.A. have signed a term sheet establishing a strategic framework for Tecnimont’s participation and long-term execution alignment in the Argent LNG export project.

A safety report by ABS explores design considerations for innovative floating LNG power solutions to support the energy transition industry.

Woodfibre LNG has welcomed the arrival of two major modules for the Woodfibre LNG facility, reaching another important construction milestone in making the world’s first net-zero LNG facility a reality.

ADNOC Gas plc and its subsidiaries has announced the signing of a sales and purchase agreement valued at between US$2.5 – US$3 billion for a period of 10 years with Hindustan Petroleum Corp. Ltd.

Mitsubishi Corp. has agreed to acquire all equity interests in Aethon III LLC, Aethon United LP, and related entities and interests.