liquefaction

GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico

The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.

Argent LNG has initial consultation with FERC, moves into pre-filing

Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).

U.S. court overturns FERC's authorization for NextDecade's Rio Grande project

A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement

ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project

ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.

Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell

U.S. LNG company Venture Global LNG sued construction contractor Kiewit, alleging it passed confidential documents to Shell, including proprietary project development, design, configuration methods, and detailed information about the multi-billion-dollar facility's design and construction.

Woodside awards Monadelphous AUS $200-MM construction contract for Pluto LNG project (Australia)

Engineering company Monadelphous Group Limited announced it has been awarded a AUS $200-MM construction contract with Woodside Burrup Pty Ltd for the Pluto LNG Train 1 facility and associated infrastructure near Karratha in Western Australia.

Oman plans third LNG train, boosting domestic production to more than 15 MMtpy

This strategic expansion aims to increase Oman's LNG production capacity to 15.2 MMtpy

Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption

A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.

New Fortress Energy announces closing of $700-MM loan for second FLNG vessel

New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.

Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume

Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”

Golden Pass LNG construction could return to normal after settlement

Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.

Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)

Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)

Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Honeywell to buy Air Products' LNG unit for $1.81 B as deal-making spree continues

Honeywell said on Wednesday it would buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 B in cash, marking the industrial giant's fourth acquisition this year.

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)

U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.

New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility

New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Tellurian closes $260-MM asset sell to help advance Driftwood LNG project

Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.

US judge halts Biden administration's pause on LNG permits

7/2/2024

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations

Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.

Cedar LNG announces positive FID on 3.3-MMtpy FLNG project

Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.

Venture Global launches first vessel from state-of-the-art LNG fleet

Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.

Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2

Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.

Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.

China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2

Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.

Repsol's Saint John LNG (Canada) awards technology contract to Galileo Technologies

Through the installation of Galileo Technologies’ reliquefaction solution, Saint John LNG will be able to recover and store this resource to serve the market, especially during times of high demand.