After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.
Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed two long-term sale and purchase agreements (SPAs) with ExxonMobil LNG Asia Pacific for the sale of a combined 2 million tonnes per annum (mtpa) of LNG. As per agreements, the ExxonMobil affiliate will buy 2
Oman LNG has signed a binding term-sheet agreement with China International United Petroleum and Chemical Co. (UNIPEC) to supply 1 million metric tonnes per annum (mtpa) of LNG starting in 2025. UNIPEC has become the latest beneficiary of the Omani LNG, marking the first LNG term deal with a Chinese
Offshore Energy Exhibition & Conference (OEEC) 2023, Europe’s premier meeting point for the offshore energy sector, has opened the floorplan for this year’s event. In 2023, as in the years before, OEEC will bring together professionals from oil & gas, offshore wind, floating wind, marine energy, hyd
Novatek, an independent natural gas producer in Russia, and Deepak Fertilisers and Petrochemicals Corporation, India’s producer of fertilisers and industrial chemicals, have signed a non-binding Memorandum of Understanding (MoU) regarding the supply of LNG and low-carbon hydrogen and ammonia. The Mo
New Fortress Energy (NFE) has reached an agreement with Golar LNG for the sale of its ownership stake in FLNG Hilli in exchange for Golar’s remaining 4.1 million shares in NFE and $100 million in cash. Pursuant to the transaction, Golar LNG will acquire NFE’s entire interest in the 2.4 mtpa floating
The Sunrise Joint Venture (SJV), comprising operator Woodside Energy (33.44%), TIMOR GAP (56.56%), and Osaka Gas Australia (10.00%), have committed to undertake a concept select program for the development of the Greater Sunrise fields. Woodside said the SJV will consider all of the key issues for d
Estonian energy company Eesti Gaas has made agreements with two large LNG terminals in the Finnish-Baltic region to bring a total of ten LNG cargoes by the fall of this year. Under the agreements, Eesti gas will bring three deliveries to the port of Klaipeda in Lithuania in the winter and seven to t
Finnish technology group Wärtsilä has been contracted to supply dual-fuel engines and high-performance axial flow waterjets for Baleària’s new high-speed RoPax ferry powered by liquefied natural gas (LNG).
Chairman and CEO of TotalEnergies, Patrick Pouyanné, has visited the Cabo Delgado province of Mozambique, where the Mozambique LNG project is located, to review the security and humanitarian situation. On 2 February, TotalEnergies informed that Pouyanné visited the Afungi industrial site, the resett
Being a front-runner, especially in the shipping industry, comes with a lot of risks. Being the first to enter a market or introduce a new product or service can give you a significant advantage over others, and even set the tone in the market. However, there is a great risk of failure bringing with
As part of the MerVent 2025 project, French LNG containment specialist GTT has received €4.66 million in funding from a French public investment bank Bpifrance for the design of an onboard CO2 capture system and for the development of intelligent operational performance solutions. Within the framewo
Chinese shipbuilder CIMC Sinopacific Offshore & Engineering (CIMC SOE) has started construction of the first 7,600-cbm liquefied natural gas (LNG) bunkering vessel for Canadian shipowner Seaspan.
Enagás subsidiary Scale Gas and Norwegian vessel operator Knutsen Group have inaugurated the first liquefied natural gas (LNG) bunkering barge Haugesund Knutsen built in Spain. The vessel, chartered by Shell Spain and built by Astilleros Armón Gijón, will operate in the Port of Barcelona and promote
