Cheniere Energy Inc, operator of Corpus Christi and Sabine Pass LNG export terminals, reveals strong financial results.
Cheniere Energy has reported consolidated adjusted EBITDA of about $1 bill and $2.5 bill for the second quarter and first six months of this year, respectively.
Woodside, Australia’s leading gas developer, issues update on its Scarborough gas development project.
Woodside said that it had finalised technical work to support execution readiness and completed a capital expenditure requirements update for the development in the lead up to Scarborough’s targeted final investment decision (FID) later this year.
New Fortress Energy Inc, a global natural gas infrastructure and logistics developer and operator, significantly reduces loss.
New Fortress Energy (NFE) has reported a net loss of $1.7 mill for the second quarter of this year, compared with a net loss of $39.5 mill for the first quarter.
Tellurian offering
Tellurian Inc has priced its public offering of 35 mill shares of its common stock to gain total gross proceeds of $105 mill.
The company has granted the underwriter a 30-day option to purchase up to 5.25 mill additional shares to cover any over-allotments.
Tellurian said that it intended to use the net proceeds from the offering for general corporate purposes, including the potential acquisition of upstream assets.
The offering is expected to close today, subject to satisfaction of customary closing conditions.
B Riley Securities is acting as the sole bookrunner for the offering.
US Federal Energy Regulatory Commission (FERC) overruled by a Court on two LNG project approvals.
US Federal Energy Regulatory Commission (FERC) has been remanded by the US Court of Appeals for the DC on the November, 2019 approval of two LNG terminals and associated pipeline facilities in the Brownsville Channel, Texas.
Teekay GP LLC, the general partner of Teekay LNG Partners LP, suffers a drop in income for second quarter.
Teekay LNG, operator of 47 LNG carriers plus 30 LPG carriers, reported GAAP net income of $53.3 mill and GAAP net income per common unit of $0.53 for the second quarter of 2021.
Italian energy giant Eni, operator of the Damietta liquefaction plant in Egypt, shipped 17 LNG cargoes in the first half of this year.
Eni’s 5 mill tonnes per annum Damietta liquefaction facility, located about 60 km northwest of Port Said, has exported 17 LNG cargoes in the first half of this year.
AG&P awards contract
Acteon, a marine energy and infrastructure services company, has won a contract from Atlantic, Gulf & Pacific Company (AG&P).
This contract calls for the development of an LNG import and regasification terminal in Batangas Ba - Philippines LNG (PLNG).
It will be managed by the Acteon Integrated Solutions (AIS) team who will be involved with the local transportation and installation of jacket structures for the LNG berth.
These structures will vary across the construction site and will include approach trestles, mooring and berthing dolphins, and associated furniture, such as walkways, fenders and mooring hooks.
AIS will be responsible for the full construction of the jetty and all the marine works. The team will be supported by other Acteon sections and product and service line brands.
Höegh LNG Partners (HLP), a leading FSRU owner, is under investigation for allegedly misleading investors.
Höegh LNG Partners (HLP) is currently under investigation by US investor rights law firm, Bernstein Litowitz Berger & Grossmann (BLB&G), over potential violations of the US federal securities laws.
Tellurian, US-based developer of Driftwood LNG, has strengthened its balance sheet.
Tellurian has reported a net loss of around $30.6 mill, or $0.08 per share (basic and diluted), for the three months ended 30th June, 2021.
