Natural gas news

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.

Wood has secured a two-year contract extension worth up to US$65 million with Woodside to continue delivering brownfield EPCM services across offshore as-sets at the North West Shelf project in Western Australia.

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.

China National Petroleum Corp., ENH, KOGAS, and XRG has announced the hull launch of the Coral North FLNG, fully in line with the project schedule.

Paul Bansil, Director of KBR’s international consulting business, has outlined five major trends that will shape how oil and gas operators navigate the year ahead as project developers allocate capital more selectively, face growing regulatory scrutiny, and tackle the challenges of decarbonising existing assets.