Petrobras’ Colombian success
Brazil’s state-owned energy giant, Petrobras has boosted its South American energy involvement with a new gas discovery off the Colombian coast.
Excelerate buys LNGC for conversion project
US FSRU owner, Excelerate Energy has bought an LNGC for around $79 mill.
The company acquired the 170,000 cu m, 2010-built ‘Methane Mickie Harper’ from Japan's Meiji Shipping.
The tri-fuel diesel-electric (TFDE) vessel is to be converted into an FSRU.
This deal was seen as part of Excelerate's broader initiative to expand its FSRU and infrastructure capabilities.
Russia builds up LNGC fleet ahead of EU ban
Russia has gathered a fleet of LNGCs to keep its gas exports moving ahead of next year’s European Union's near-total import ban.
Egypt closes July with record LNG intake
Egypt took delivery of 24 LNG cargoes totalling 1.61 million tonnes in July, the highest monthly intake in LNG Journal records going back to 2017 on an arrival-date basis. The total stands 46pct above July 2025 and clears the previous record of 1.25 million tonnes, set only last September, by nearly 30pct.
bp benefits from high oil prices
UK energy major, bp is one of the latest oil and gas companies to benefit from escalating oil prices on the back of the Middle East conflict.
Poland’s FSRU 2 future users sign joint agreement
Potential users of Poland’s GAZ-SYSTEM’s FSRU 2 project have signed a joint user agreement regarding LNG supplies to the terminal, which is to be moored in the Gulf of Gdańsk.
Williams to expand its gas supply portfolio
US pipeline operator, Williams has agreed to acquire Momentum Midstream in a deal valued at up to $5.5 bill to boost its gas supply for US LNG exports, among other considerations.
Bahamas LNG project selects floating jetty solution
Norwegian marine infrastructure company, ECOnnect Energy has signed a contract with New Providence Gas (NPG), a joint venture between Shell Bahamas Power Co and Sun Oil Holdings, a subsidiary of FOCOL Holdings, to utililise a floating marine LNG infrastructure system.
QatarEnergy restarts NFE work
Reports were circulating that QatarEnergy had restarted commissioning work for the first liquefaction train of the giant North Field East (NFE) $28.75 bill LNG expansion project, following the recent resumption of construction work.
As planned, NFE will consist of four new 8 mill tonnes per annum trains, totaling 32 mill tonnes per annum of new capacity.
Before the Middle East conflict, Qatar was aiming to lift its export capacity from 77 mill tonnes per annum to 110 mill tonnes, utilising the NFE project. The company also had further plans to increase the capacity to 142 mill tonnes per annum.
Chiyoda and Technip Energies were known to be involved in NFE’s development and were thought to have restarted construction work.
US LNG exports dropped slightly last month
US LNG exports fell to 10.48 mill tonnes last month from 10.6 mill tonnes recorded in June, according to preliminary data from financial firm LSEG, Reuters reported.
