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Liquefied Natural Gas

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Vessel naming ceremony; Source: QatarEnergy
Liquefied Natural Gas

First LNG vessel duo in QatarEnergy’s historic shipbuilding program get their names (Gallery)

QatarEnergy has held a naming ceremony for the first two conventional-size LNG vessels under its historic shipbuilding program at the Hudong-Zhonghua Shipyard in Shanghai, China.

about 2 years ago
Illustration; Source: BW LNG
Liquefied Natural Gas

New deal sets the stage for LNG vessel conversion to bring floating storage unit at gas terminal in Middle East

BW LNG has secured a multi-year deal, which will see it refurbish one of its liquefied natural gas (LNG) carriers into a floating storage unit (FSU) expected to be deployed at an LNG terminal in Jordan.

about 2 years ago
QatarEnergy adds six new huge LNG carriers to its historic fleet expansion program
Liquefied Natural Gas

QatarEnergy adds six new huge LNG carriers to its historic fleet expansion program

Pressing on with its massive LNG fleet expansion program, Qatar’s state-owned energy giant QatarEnergy has signed another agreement with China State Shipbuilding Corporation (CSSC) for the construction of six additional QC-Max LNG carriers with a capacity of 271,000 cubic meters each, which are desc

about 2 years ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Liquefied Natural Gas

ADNOC and Japanese firm shake hands on offtake deal, leaving 30% of Ruwais LNG production capacity up for grabs

ADNOC has signed a long-term heads of agreement (HOA) with Japan’s Osaka Gas for LNG supply mainly originating from its Ruwais LNG project.

about 2 years ago
Leviathan; Source: NewMed Energy
Liquefied Natural Gas

Chevron gets down to the nitty-gritty of gas production boost at Mediterranean field with $429 million earmarked for FEED

Chevron and its partners in a giant natural gas field off the coast of Israel have greenlighted a multimillion-dollar investment to start the ball rolling on the front-end engineering design (FEED) phase for the proposed expansion of the gas export capacity from this Mediterranean field.

about 2 years ago
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Liquefied Natural Gas

BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project

Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on

about 2 years ago
Illustration; Source: ADNOC L&S
Liquefied Natural Gas

Shipbuilding giants rake in $2.5 billion from UAE player’s LNG fleet expansion rush

ADNOC L&S has gone on a spending spree to bolster its liquified natural gas (LNG) carriers’ arsenal with multiple newbuild vessels.

about 2 years ago
Illustration; Source: DNV
Liquefied Natural Gas

DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.

about 2 years ago
Illustration; Source: AG&P LNG
Liquefied Natural Gas

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

about 2 years ago
ADNOC
Liquefied Natural Gas

Go-ahead for ADNOC’s huge LNG project prompts $5.5 billion deal for its development

ADNOC has made a final investment decision (FID) for its giant liquefied natural gas (LNG) project, which is envisioned as a lower-carbon intensity development.

about 2 years ago
Illustration; Source: ADNOC Logistics and Services
Liquefied Natural Gas

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

about 2 years ago
North Field East (NFE) LNG expansion project will raise Qatar’s LNG export capacity from the current 77 mtpa to 110 mtpa; Source: QatarEnergy
Liquefied Natural Gas

New partner comes aboard $28.75 billion first expansion phase of world’s biggest single non-associated gas field

While sealing a multi-year LNG supply deal, QatarEnergy has welcomed a new partner at its giant North Field East (NFE) project, which represents Phase 1 of the larger North Field expansion project.

about 2 years ago
The Switch
Liquefied Natural Gas

ADNOC L&S eyes new LNG carrier additions and buys shipping player with 32-tanker fleet

ADNOC L&S has signed an LoI for the construction of LNG carriers with South Korea’s shipbuilder and is buying a Singaporean shipping company.

about 2 years ago
ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners
Liquefied Natural Gas

ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners

ADNOC secured agreements with companies in the Republic of Korea regarding low-carbon ammonia, LNG carrier shipbuilding, and LPG value chain.

about 2 years ago
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