Top news of the week May 28-June 2

Schlumberger quits OneLNG JV and Fortuna FLNG project

Liquefied natural gas shipper, Golar LNG said its OneLNG partner Schlumberger decided to end involvement in Fortuna FLNG project in Equatorial Guinea, resulting in the dissolution of the joint venture.

Petronas to buy 25 pct in Shell’s LNG Canada project

Malaysian energy giant, Petronas has agreed to purchase a 25 percent stake in the Shell-led C$40 billion ($31 billion) LNG Canada project in British Columbia.

Japan eyeing Yamal LNG participation

Japan is considering the option of joining the Novatek-led Yamal LNG project the country’s prime minister told at an event in St. Petersburg.

Gazprom, Shell extend LNG ties

Gazprom and Shell have extended their heads of the joint venture agreement regarding the liquefied natural gas (LNG) cooperation.

Flex LNG to buy two X-DF newbuildings for $368m

Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it entered a deal on Monday to buy two 174,000-cbm X-DF LNG carrier newbuildings under construction at South Korea’s Hyundai Heavy Industries.

LNG World News Staff