
TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United States.

Eni has made a move to join forces with Argentina’s oil and gas firm YPF to work on jointly evaluating a phase of a proposed liquefied natural gas (LNG) project in the Sierra Grande Norte, on the South American country’s Atlantic coast.