Tag Archives: LNG

Eni Launches Gas Production from Merakes East Field in Indonesia’s Kutei Basin

(IN BRIEF) Eni has successfully launched gas production from the Merakes East field in Indonesia’s Kutei basin, marking a significant milestone in the company’s expansion efforts in Southeast Asia. The field will provide up to 100 MMSCFD of gas, contributing … Read the full press release

Marsa LNG Plant Marks Groundbreaking Ceremony in Oman to Lead Energy Transition in the Middle East

(IN BRIEF) The Marsa LNG plant, located in Sohar, Oman, celebrated its groundbreaking on May 1, 2025, marking a milestone for the Middle East’s energy industry. TotalEnergies and OQEP are developing the plant, which will produce 1 million tons of … Read the full press release

INEOS and Covestro Forge Strategic Long-Term Natural Gas Agreement to Strengthen European Industrial Competitiveness

(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release

Snam’s BW Singapore Unit Successfully Commissioned, Strengthening Italy’s Energy Diversification

(IN BRIEF) The BW Singapore regasification unit in Ravenna has completed commissioning and will soon begin operations, adding 5 billion cubic meters to Italy’s LNG regasification capacity. This will bring Italy’s total regasification capacity to 28 billion cubic meters annually, … Read the full press release

DNV Secures Major Technical Services Contract with Gasunie to Support Energy Infrastructure in Netherlands and Germany

(IN BRIEF) Gasunie has awarded DNV a multi-year technical services contract to support the maintenance and innovation of energy infrastructure across the Netherlands and northern Germany. The four-year agreement, with options for two two-year extensions, covers critical services like equipment … Read the full press release

TotalEnergies Begins Production from Ballymore Deepwater Field in U.S. Gulf

(IN BRIEF) TotalEnergies has begun production at the Ballymore deepwater field in the U.S. Gulf of Mexico, developed in partnership with Chevron. Located off the coast of Louisiana, Ballymore adds nearly 30,000 boe/d of net production to TotalEnergies at full … Read the full press release

Woodside and Uniper Expand LNG Partnership with 2 Mtpa Deal Linked to Louisiana Project

(IN BRIEF) Uniper and Woodside have signed long-term LNG supply agreements totaling up to 2 Mtpa, with 1 Mtpa sourced from the upcoming Louisiana LNG project and up to 1 Mtpa from Woodside’s global portfolio. These deals aim to strengthen … Read the full press release

Shell Streamlines Business with Strategic Divestment in Singapore Energy Hub

(IN BRIEF) Shell Singapore Pte Ltd has finalized the sale of its Energy and Chemicals Park to CAPGC Pte. Ltd., through the sale of shares in Aster Chemicals and Energy Pte. Ltd. This move supports Shell’s strategy to refine its … Read the full press release

Alfa Laval Strengthens Global Energy Portfolio with Strategic Acquisition of Fives Cryogenics

(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release

Voith Unveils Dual-Fuel Water Tractors Featuring Next-Generation Propulsion and Control Systems

(IN BRIEF) Voith has introduced two innovative TRAktor V3900-DF water tractors featuring a dual-fuel drive system capable of operating on both LNG and diesel. The vessels are enhanced by two newly developed Voith Schneider Propellers (VSP) type 32X6/265, ensuring superior … Read the full press release

Eni and PETRONAS Announce Strategic Joint Venture to Develop Upstream Assets in Malaysia and Indonesia

(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release

TotalEnergies Partners with GSPC for Long-Term LNG Supply to Support India’s Energy Transition

(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release

Hapag-Lloyd Secures USD 4 Billion Green Financing for 24 New Low-Emission Container Ships

(IN BRIEF) Hapag-Lloyd has secured USD 4 billion in financing for the construction of 24 container ships, with a focus on low-emission technology and green financing principles. This investment aligns with the company’s long-term commitment to decarbonizing its fleet and … Read the full press release

Shell Announces Leadership Changes as Huibert Vigeveno Steps Down After 30 Years of Service

(IN BRIEF) Huibert Vigeveno, a long-serving Shell executive, will step down from his role as Director of Downstream, Renewables, and Energy Solutions, effective 31 March 2025, after a remarkable 30-year career. CEO Wael Sawan thanked Huibert for his contributions, highlighting … Read the full press release

BP Commences Gas Flow from Greater Tortue Ahmeyim Phase 1, Advancing Energy Production in Mauritania and Senegal

(IN BRIEF) BP has begun the first gas flow from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This significant step in one of Africa’s deepest and most complex gas developments marks the project’s move … Read the full press release

TotalEnergies Marks 100 Years of Energy Innovation and Leadership

(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release

Equinor and Deepak Fertilisers Forge Long-Term LNG Supply Partnership

(IN BRIEF) Equinor and Deepak Fertilisers have inked a significant 15-year agreement for the supply of liquefied natural gas (LNG), commencing deliveries in 2026. Drawing from Equinor’s expansive global LNG portfolio, which encompasses production from the Hammerfest LNG Plant in … Read the full press release

bp’s GTA LNG Project Reaches Crucial Milestone with FLNG Vessel’s Arrival

(IN BRIEF) The floating liquefied natural gas (FLNG) vessel for the Greater Tortue Ahmeyim (GTA) LNG project, operated by bp and partners, has reached its destination on the maritime border of Mauritania and Senegal. This vessel, named Gimi, is a … Read the full press release

Hydro Completes $1.11 Billion Sale of Stake in Brazilian Alumina Refinery and Bauxite Producer

(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release

Gasum Secures Second LNG Cargo for Finnish Market Amid Pipeline Disruption

(IN BRIEF) Gasum has successfully delivered its second liquefied natural gas (LNG) cargo to the Inkoo floating storage regasification unit (FSRU) in Finland. The cargo, provided by Gasum’s partner Equinor, arrived on November 5th and is being regasified for integration … Read the full press release