LNG

French engineering Group, Technip Energies has been awarded a ‘major’ engineering, procurement, and construction (EPC) contract by Commonwealth LNG.

US LNG plant developer, Venture Global has received approval from the US Department of Energy (DOE) for an uprate amendment to its Calcasieu Pass LNG project.

Click to Download

Click to Download

US LNG developer, Venture Global has taken a final investment decision (FID) and successfully closed the $15.1 bill project financing for the first phase of its third project, CP2 LNG, together with the associated CP Express pipeline.

Asian spot LNG prices slipped for a second consecutive week to a 10-week low last week, due to tepid demand and increasing supply from new projects coming onstream.

A move which could boost US LNG supply,Commonwealth LNG will be the next project to take a final investment decision (FID), following CP2 Phase 1 (see Page 1), according to a Drewry webinar last week.

Both Italy's engineering giant, Saipem and developer TotalEnergies have expressed confidence that Mozambique’s $20 bill LNG project will restart by the end of the summer.

FLNG terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to new research from Rystad Energy.

Oman LNG has reported that last year it achieved its highest production output, with a plant efficiency rate of 98.23%.