LNG
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
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Discussions on long-term LNG supplies from Qatar to Germany to re-engage after years of uncertainty held up potential deals. -
Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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The plants are expected to be put into operation no later than 2024.
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Bechtel gets the go-ahead to begin early engineering and procurement work under a limited notice to proceed.
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Baker Hughes will supply a plug-and play modularized liquefaction train system for the Plaquemines LNG project.
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The proposed LNG terminal will expand Germany's alternatives for gas supply and reduce its dependence on Russian imports.
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Deal between P’nyang partners and independent state a step forward for the proposed development of the P’nyang LNG project.
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The US Energy Information Administration said the US, Qatar, and Russia fed well over half of Europe’s supply of LNG last year.
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The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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Contractor's CB&I unit will build a pair of storage tanks for new LNG facility in Louisiana.
