LNG
The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.
Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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New Fortress Energy said its newly converted jackup facility has sailed for waters offshore Mexico where it plans to produce 1.4 mtpa of LNG.
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OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.
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The $18.4 billion in project financing pledged to Rio Grande LNG represents the largest greenfield energy project financing commitment in US history.
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McDermott’s latest EPCI contract on Qatar’s North Field expansion focuses on subsea cabling and offshore/onshore pipelines to be fabricated locally.
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The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.