LNG

Infrastructure engineering companies, Chiyoda International Corp and McDermott, the joint venture partners developing the Golden Pass LNG export terminal, are in discussions regarding the ongoing completion of the project.

Norwegian energy giant, Equinor and its partners, Vaar Energi and Inpex Idemitsu are to invest more than NOK21 bill to develop Norway's Fram South oil and gas field.

Thailand’s Energy Regulatory Commission (ERC) is stepping up efforts to mitigate risks posed by disrupted LNG trade flows through the Strait of Hormuz. Nearly two-thirds of Thailand’s electricity comes from gas-fired power stations which largely depend on imported LNG, making them vulnerable to supply shortages and geopolitical risk.

Golar LNG intends to offer, subject to market and other conditions, $500 mill aggregate principal amount of convertible senior notes, due 2030.