LNG & Trends News

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Petronas Awards FEED For Third Floating LNG Project
Friday, December 03, 2021Petronas has awarded two contracts as part of an international dual FEED design competition for a nearshore LNG project in Sabah.

McDermott LNG Net-Zero Study For Shell Complete
Monday, November 29, 2021McDermott has completed an LNG construction study for Shell identifying tangible reduction pathways toward net-zero construction emissions.

McDermott Nets EPFC Deal with Woodfibre LNG
Wednesday, November 24, 2021Woodfibre LNG will be the cleanest LNG export facility in the world.

Aibel Scores $560 Million In Deals With Equinor
Wednesday, November 24, 2021Equinor has signed contracts with Aibel for work on four projects worth around $560 million.

Woodside Gives Green Light For Scarborough, Pluto Train 2
Monday, November 22, 2021Woodside has approved the investment for the Scarborough offshore gas project as well as the Pluto Train 2 development.

McDermott Wins More Work On Ichthys Project
Thursday, November 18, 2021McDermott has won an EPC project after completing FEED services for a booster compression module for Inpex’s Ichthys LNG development.

Woodside CFO Resigns
Tuesday, November 16, 2021Duhe will remain with Woodside into the first quarter of 2022 to ensure a smooth transition of her key responsibilities.

Venture Global and Sinopec in Historic LNG Deal
Friday, November 05, 2021Venture Global highlighted that the transaction represented the largest single LNG supply deal ever signed by a U.S. company and noted that it will double imports of U.S. LNG to China.

Cheniere Strikes LNG Deal with Glencore
Tuesday, October 26, 2021Glencore has agreed to purchase approximately 0.8 million tons per annum of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 13 years.

Saudi Arabia Believes OPEC+ Can't Decrease Natural Gas Prices
Wednesday, October 20, 2021Saudi Arabia said any extra oil from the OPEC+ cartel would do little to bring down surging natural gas prices.

World's 1st LNG-Fueled Wind-Assisted CO2 Carrier Ordered By Northern Lights
Tuesday, October 12, 2021The Northern Lights JV has awarded contracts for the construction of two LNG-powered, wind-assisted dedicated CO2 carriers to Dalian Shipbuilding.

Stonepeak to Buy Teekay for $1.5B
Monday, October 04, 2021Stonepeak Partners LP agreed to pay about $1.5 billion to acquire Teekay LNG Partners.

Qatar Petroleum Inks 15-Year LNG Supply Deal With China's CNOOC
Monday, October 04, 2021Qatar Petroleum entered into a 15-year LNG sale and purchase agreement with the China National Offshore Oil Corporation (CNOOC).

Jack-Up Drilling Rigs Set For LNG Conversion
Tuesday, September 28, 2021ADC Energy has won a contract with a USA-based LNG company to identify and select offshore drilling rigs suitable for conversion for LNG work.

Why Gas Desperate Europe Is Not Buying LNG
Monday, September 20, 2021A record rally in natural gas prices in Europe doesn't mean it's become lucrative to send every available molecule to the region.

Dragon LNG Deploys New Drug Testing Tech
Wednesday, September 15, 2021Wales-based Dragon LNG is the first organization in the international gas industry to deploy a new fingerprint-based drug testing technology, a statement posted on the test provider's website has announced.

Indian Firms Are Said to Discuss Buying ALNG 2 Stake
Monday, September 06, 2021India's top energy companies, Petronet LNG Ltd. and ONGC Videsh Ltd., are having discussions about buying a stake in Russia's planned liquefied-gas project Arctic LNG 2.

Qatar Petroleum Awards Major EPC Deal for NFE Project
Wednesday, August 25, 2021Qatar Petroleum has announced the award of a 'major' engineering, procurement and construction contract for its North Field Expansion project to Tecnicas Reunidas S.A.

Woodside Confirms BHP Discussions
Monday, August 16, 2021Woodside has confirmed that it is engaged in discussions with BHP.

Troops Eject Rebels Who Besieged Total LNG Project
Monday, August 09, 2021Troops from Mozambique and Rwanda retook a port town at the heart of a four-year insurgency that led to the suspension of a $20 billion project by TotalEnergies SE.

Era of Cheap Natural Gas Ends
Friday, August 06, 2021The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy.

Tellurian and Shell Finalize 10-Year LNG Deal
Monday, August 02, 2021Tellurian Inc. (NASDAQ: TELL) has announced that it has finalized liquefied natural gas (LNG) sale and purchase agreements (SPAs) with Shell NA LNG.

Oil Search and Santos to Merge into LNG Powerhouse
Monday, August 02, 2021Australia's second and third biggest oil and gas companies are set to merge to become one of the largest in the region and in the top 20 globally.

TotalEnergies Signs Deal with Technip Energies
Monday, July 26, 2021TotalEnergies (NYSE: TTE) and Technip Energies (PARIS: TE) have announced that they have signed a deal to jointly develop low carbon solutions for LNG production and offshore facilities.

Shell Starts Up Barracuda
Thursday, July 22, 2021Shell has achieved first gas from Project Barracuda offshore Trinidad and Tobago.

Gas Project Developer Courts Investors with YouTube
Wednesday, July 21, 2021Houston-based Tellurian is trying to line up financial backers to build a $15.5 billion LNG export terminal in Louisiana.

Indigenous Group Backs Proposed Canada LNG Project
Wednesday, July 21, 2021Seven Canadian natural gas producers are teaming up with a West Coast Indigenous group to propose a new LNG facility.

Biden Admin to Issue Pipeline and LNG Cybersecurity Regs
Monday, July 19, 2021The Biden administration is poised to issue new cybersecurity regulations for pipelines and liquefied natural gas facilities.

Gas Pipeline Would Bolster Energy Security for Albania
Monday, July 19, 2021Seated, from left, Snam's Mario Franchi, Albgaz's Arber Avrami, and Excelerate's Oliver Simpson sign the MOU as officials from the Italian Embassy, Albanian Infrastructure and Energy Ministry, and USA Embassy observe. PHOTO SOURCE: Excelerate Energy

Panama Canal Sees Rapid Growth in LNG and LPG Transits
Wednesday, July 14, 2021The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic.

TotalEnergies in $750MM+ LNG Deal
Wednesday, July 14, 2021TotalEnergies (NYSE: TTE) has revealed that it has entered into a multimillion dollar infrastructure agreement, related to the Gladstone LNG project, with GIP Australia.

Gas Import Options Expanding for China
Tuesday, July 13, 2021China is gaining LNG and pipeline gas import alternatives, with no respite for European importers.

Gas Project Modification Worth Billions
Sunday, July 11, 2021Here is a review of popular downstream-related articles on Rigzone from last week.

Petronas and CNOOC in $7B LNG Deal
Wednesday, July 07, 2021Petronas LNG Ltd has secured a 10 year deal, worth around $7 billion, to supply LNG to CNOOC Gas and Power Trading & Marketing Limited.

Aker Solutions Lands Offshore FEED Deal
Monday, July 05, 2021Aker Solutions has been awarded a front end engineering design (FEED) contract by Crown LNG for the Kakinada LNG regassification project offshore India.

$4B Chevron-run Project Advances
Monday, July 05, 2021Above is a rendering of the J-IC project's Field Control Station and Subsea Compressor Station. PHOTO SOURCE: Business Wire

Gas Shortfall Sets Up Desperate Scenario
Friday, June 25, 2021Global natural gas importers are realizing there isn't enough supply to go around.

Tellurian and Vitol in $12B LNG Deal
Wednesday, June 09, 2021Tellurian Inc (NASDAQ: TELL) has announced that it has finalized a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Inc.

China Ban on Aussie LNG Should Have Limited Impact
Monday, June 07, 2021Australia's wish for an official probe into COVID-19's origins angers Beijing.

$540MM Louisiana Pipeline Project Clears Hurdle
Thursday, June 03, 2021FERC has granted approval for Enable Midstream to construct and operate the Gulf Run Pipeline project.

Brazil Needs More LNG Amid Worst Drought in Decades
Thursday, June 03, 2021Latin America's biggest economy is becoming a hot spot for LNG as hydropower output declines.

LNG Developer Seeks to Make History in Louisiana
Monday, May 31, 2021Venture Global LNG is developing two liquefaction facilities in South Louisiana.

Sparrows Nets Chevron Contract
Wednesday, May 26, 2021Sparrows Group nets a contract with Chevron Australia for work on the Gorgon and Wheatstone natural gas facilities.

Drilling Campaign Starts Offshore Timor-Leste
Wednesday, May 26, 2021The Phase 3C drilling program has commenced offshore Timor-Leste in the Bayu-Undan field.

LNG Kingpin Pursues More Aggressive Strategy
Thursday, May 20, 2021The world's top exporter of LNG is ramping up production dramatically and undercutting competitors.

Maersk Drilling to Divest Two Rigs
Wednesday, May 19, 2021The drilling contractor will close on the Maersk Gallant sale in June. PHOTO SOURCE: Maersk Drilling

NOV Wins Barossa Submerged Turret Contract
Friday, May 14, 2021A unit of NOV will supply a submerged turret production system for the Santos-operated project.

Equinor Fire Investigations Concluded
Thursday, May 13, 2021Equinor's (NYSE: EQNR) internal investigations following fires at Hammerfest LNG and Tjeldbergodden have now been concluded.

Petrofac Nets BP GTA Deal
Monday, May 10, 2021Petrofac (LON: PFC) has announced that it has secured a contract with BP (NYSE: BP) to develop operational procedures for its Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal.

Gulf Coast LNG Players Pursue Risky Carbon Capture Route
Thursday, May 06, 2021They are seeking to burnish their green credentials via a costly and largely untested technology.