Offshore LNG News


US Pipeline Operator Signs 20-Year LNG Agreement with Chevron

Dec 20, 2024

U.S. pipeline operator Energy Transfer said on Thursday its unit has entered a 20-year LNG sale and purchase agreement with oil and gas major Chevron.Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum…

Kongsberg Maritime to Equip Golar MK II FLNG Vessel

Dec 19, 2024

Kongsberg Maritime has secured a contract with Golar LNG, valued over $25 million, to provide an integrated package of electrical, control, safety and propulsion systems for the Golar MK II floating liquified natural gas (FLNG) vessel.Konsberg’s…

Woodside’s North West Shelf Project Gets Australian Gov’s Approval

Dec 12, 2024

The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process…

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Dec 06, 2024

Sembcorp Industries has signed a Sale and Purchase Agreement (SPA) with Chevron’s Singapore branch to import up to 0.6 million tonnes of liquefied natural gas (LNG) year, starting from 2028.The LNG deliveries will take place over the course of 10 years as agreed by the companies…

Woodside Signs Revised EPC Contract with Bechtel for Louisiana LNG Project

Dec 05, 2024

Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.Bechtel has worked on site before Woodside’s $1…

US to Release LNG Study by Mid-December

Dec 05, 2024

The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy official said on Wednesday.'We expect to release the final study ... by mid-December for a 60-day public comment period…

Oil Rises on Lebanon Fears, possible OPEC cuts

Dec 03, 2024

Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.Brent crude futures posted their biggest gains in two weeks…

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Dec 02, 2024

QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of liquefied natural gas (LNG) to China.LNG deliveries under the SPA will start in January 2025,…

Woodside Set to Partner Up for Louisiana LNG Project by March 2025

Nov 29, 2024

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.Australia-listed…

Woodside Getting Ready to Restart Pluto LNG Facility

Nov 27, 2024

Australia's Woodside Energy said in a statement on Wednesday that it has begun preparing to safely restart the Pluto LNG facility.Woodside had shut down the LNG plant on Monday due to a fault in the facility's control system. Preparations for the restart began on Tuesday…

Woodside: LNG Market to Grow by 50% in Next Decade

Nov 26, 2024

Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday.'Over the last decade the LNG market grew by 50%. We anticipate it will grow by another 50% in the coming decade…

Woodside Shuts Down Pluto LNG Plant Due to System Fault

Nov 26, 2024

Australia's Woodside Energy shut down its Pluto LNG processing plant on Monday due to a fault in the facility's control system, a company spokesperson said on Tuesday.The spokesperson had said in an earlier statement, also issued on Tuesday…

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Nov 22, 2024

BP and its partners have reached a final investment decision for a $7 billion Tangguh Ubadari carbon capture, utilization and storage (CCUS) project, which has the potential to unlock around 3 trillion cubic feet of additional gas resources in Indonesia to help meet growing energy demand in Asia…

US Judge Proposes CITGO Auction Solution

Nov 20, 2024

The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday proposed major procedural changes to advance a case stalled by wide opposition and lawsuits by creditors in other courts…

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