LNG

Technip Energies, the leading European energy and liquefied natural gas project engineers, reported increased net profits and revenues as the backlog was also boosted by Middle East LNG contract awards in the United Arab Emirates and in Oman.

China Petroleum & Chemical Corp., known as Sinopec, has signed a cargo supply deal with QatarEnergy to receive 4 million tonnes per annum of cargoes from the Ras Laffan plant in the Arabian Gulf from 2026.