Argent LNG signs MoU with Turkish oil and gas major
US-based LNG export developer, Argent LNG, is to supply LNG to Türkiye.
Russia adds four LNGCs to Arctic ‘dark fleet’
Russia was thought to have recently added four LNGCs to its growing ‘dark fleet’ exporting cargoes from the sanctioned Arctic LNG 2 project, according to a Bloomberg analysis of shipping data.
Four LNGCs, ‘Kosmos’, ‘Merkuriy’, ‘Orion’, and ‘Luch’, have recently changed ownership and management to little known companies.
They were previously servicing Oman’s LNG exports and were managed or owned by Oman Ship Management Co, according to Bloomberg.
‘Kosmos’ recently berthed at an FSU that is utilised for storing gas produced by Arctic LNG 2, which is sanctioned by the US, the EU, and the UK. She was also recently switched to the Russian flag, Bloomberg’s analysis showed.
The Arc7 ‘Christophe De Margerie’ is the only Ice Class LNGC in the Russian ‘shadow fleet’ that ship-tracking services have identified thus far as operating between NOVATEK’s Arctic LNG 2 project and the Chinese LNG import terminal at Beihai.
In total, LNGCs carrying Russia’s LNG exports, most of which are sanctioned or soon to be phased out in Europe, number around 20 currently, Bloomberg’s tracking data showed.
Middle East hostilities - day 76 roundup
Cloak and dagger stuff. Iranian Foreign Minister, Abbas Araghchi has threatened action over the UAE’s “collusion” with Israel after Benjamin Netanyahu claimed he secretly visited the Emirates.
UAE’s Habshan gas plant on the road to recovery
Abu Dhabi’s ADNOC Gas has claimed significant progress in restoring operations at the Habshan gas processing complex, one of the world’s largest gas processing sites.
Europe to import 80% of its LNG needs from US- IEEFA
European countries will import 80% of their LNG supplies from the US by 2028, a report from the Institute for Energy Economics and Financial Analysis (IEEFA) predicted.
India looks to resurrect Omani gas pipeline project
India is reportedly fast-tracking plans to secure uninterrupted gas supplies from the Gulf through a direct deepsea pipeline.
Awilco takes a hit - forms trading company
Oslo-based LNGC owner, Awilco LNG has suffered a net loss of $6.4 mill and loss per share of $0.05 in the first quarter of 2026, down from $4.4 mill and of $0.03, respectively, in the previous quarter.
Major engineering firms to collaborate on LNG projects
Australian engineering company, Worley has signed a memorandum of understanding (MoU) with its US counterpart, Baker Hughes, to jointly pursue opportunities in the LNG sector.
The collaboration combines Worley’s engineering, procurement, construction management (EPCM), and engineering, procurement, construction & installation (EPCI) execution capabilities with Baker Hughes’ turbo-machinery, modular liquefaction technologies, and expertise in gas processing and power solutions.
Together, the companies will deliver fully integrated, lower‑carbon LNG infrastructure that meets the surging global demand for reliable, affordable, and sustainable energy, Worley said.
This agreement is intended to support both organisations’ growth plans in a market expected to benefit from significant LNG capacity additions in the coming years, driven by energy security, industrial demand, and de-carbonisation goals.
Middle East hostilities - day 75 roundup
Doing deals. Iraq and Pakistan have reportedly reached separate agreements with Iran to allow oil and LNG shipments through the Strait of Hormuz.
Seasonally low period hits Flex LNG’s bottom line
Oslo-based LNGC owner and operator, Flex LNG has reported vessel operating revenues of $80.5 mill for the first quarter 2026, compared to $87.5 mill for the previous quarter.
