US engineering and technology company, Baker Hughes, has signed a long-term service agreement with bp for the Tangguh LNG plant in Papua Barat, Indonesia.
Japan’s JGC Holdings Corp has announced that a consortium consisting of JGC Group subsidiary, JGC Indonesia and Indonesian subsidiaries of Technip Energies, has been awarded a contract to provide front-end engineering and design (FEED) and EPC estimation for an onshore LNG plant and an FPSO for the Abadi LNG project.
Expand Energy, the largest gas producer in Haynesville Shale, is poised to cash in from the basin’s proximity to expanding LNG terminals. “Within a 300-mile radius of our Haynesville assets, there are more than 12 bcf/d of LNG demand under construction to be in service by 2030,” Nick Dell’Osso, CEO…
Pakistan is to seek the deferment of 177 Qatari LNG cargoes in the next five years, due to a huge reduction in gas consumption in the country.
Asian spot LNG prices continued their downward trajectory, albeit slightly, last week on high storage inventories, continued weak demand and lack of progress on peace talks for Ukraine.
Dubai based Drydocks World, a DP World company, has been awarded an engineering, procurement, and construction (EPC) contract by AMIGO LNG to build the world’s largest FLNG liquefaction facility.
Petronas subsidiary MISC has reported Group revenue of RM2,721.3 mill for the second quarter of this year, some RM608.1 mill or 18.3% lower than 2Q24’s results.
Australian oil and gas developer, Woodside Energy has welcomed the Australian Federal Court's decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough offshore facility and trunkline (operations) environment plan.
Trafigura has agreed to supply 1.5 mtpa of LNG to Korea Gas Corp (KOGAS) over ten years, beginning in 2026. Deliveries will include cargoes sourced from Cheniere Energy.
ExxonMobil, Chevron, ConocoPhillips and Occidental Petroleum have cemented the shale gale in the US, home to 80% of global unconventional oil and gas production. Yet, fracking makes inroads in Saudi Arabia, China, Argentina.