LNG

Mubadala Energy, the international company headquartered in Abu Dhabi in the United Arab Emirates, has made one of the largest natural gas discoveries this year with LNG potential offshore Indonesia in the Andaman Sea.

New Fortress Energy (NFE), the US LNG-for-power project developer has reached an agreement with shipping company Golar LNG for the sale of NFE’s ownership stake in a floating LNG production hull deployed off Cameroon in West Africa.

Shell in Australia said LNG cargo shipments and production had returned to normal on the “Prelude FNLG” vessel deployed off the northwest coast of Western Australia.

Höegh LNG Holdings, the leading floating storage and regasification unit (FSRU) operator with 10 modern vessels, has appointment Erik Nyheim as new President and Chief Executive effective from mid-August.

Kosmos Energy, the US shareholder in the floating LNG projects offshore the West African nations of Mauritania and Senegal, is aiming for the first phase of the planned floating LNG project to be 80 percent completed by the end of 2021.

Australian company Western Gas said its Equus project in Western Australia was on track for first gas in 2024 following the completion of the upstream and LNG development plans as the company seeks a partner and starts financing activities.

Murphy Oil, the US company whose Rotan natural gas discovery offshore Malaysia is the subject of a floating LNG joint venture, said it completed the sale of its Malaysian assets for more than $2 billion to Thailand state energy company PTT Exploration and Production.

Murphy Oil, the US exploration and production company whose Rotan natural gas discovery offshore Malaysia is the subject of a floating LNG joint venture with state energy company Petronas, has returned a third-quarter profit after posting a loss in the same three months of 2017.