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Liquefied Natural Gas

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Illustration; Source: ExxonMobil
Liquefied Natural Gas

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Liquefied Natural Gas

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

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COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Liquefied Natural Gas

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
A large vessel at sea
Liquefied Natural Gas

ADNOC to supply India with LNG until 2036

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has signed a ten-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with India’s state-owned natural gas player GAIL.

about 1 year ago
Sur plant; Source: Oman LNG
Liquefied Natural Gas

US firm snaps up FEED job on LNG expansion project tackling energy trilemma

KBR has secured a front-end engineering design (FEED) deal to boost a liquified natural gas (LNG) arsenal at a project on the southeastern coast of the Arabian Peninsula in the Middle East.

about 1 year ago
Rendering of processing plants onshore with an LNG vessel in the background
Liquefied Natural Gas

ADNOC ceding stake in huge LNG project to subsidiary for $5 billion

(ADNOC) intends to transfer its entire stake in the low-carbon Ruwais liquefied natural gas (LNG) project, currently under development in the United Arab Emirates (UAE), to its affiliate ADNOC Gas.

about 1 year ago
First sales and purchase agreement inked for UAE's low-carbon LNG project
Liquefied Natural Gas

First sales and purchase agreement inked for UAE’s low-carbon LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East

about 1 year ago
Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services
Liquefied Natural Gas

Wärtsilä and Qatar Shipyard shake hands on eco-friendly maintenance and repair services

Finnish technology group Wärtsilä has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a joint venture between Nakilat and Keppel Offshore & Marine, related to maintenance and repair services involving eco-friendly technology, decarbonization, and dual-fuel conver

about 1 year ago
Leviathan; Source: NewMed Energy
Liquefied Natural Gas

War imposes six-month hiatus on gas production boost as US energy giant puts off ops to get expansion show underway

As the ongoing war in the Middle East spreads to encircle other territories while continuing to rage unabated, Chevron has postponed its planned work on a giant natural gas field expansion project off the coast of Israel.

about 2 years ago
McDermott to deliver pipelines and cables for QatarEnergy's natural gas field expansion project
Liquefied Natural Gas

McDermott in charge of all offshore infrastructure for Qatar’s ‘massive’ natural gas field expansion project

U.S. offshore engineering and construction firm McDermott has secured an engineering, procurement, construction and installation (EPCI) contract for pipelines and cables with Qatar’s state-owned oil and gas company QatarEnergy for the expansion of the 1971-discovered North Field. The contract for th

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

TotalEnergies empowering oil & gas and renewables arsenal with up to $90 billion by 2030 as LNG remains crown jewel of its multi-energy mission

TotalEnergies is continuing to push forward its multi-energy strategy as it works on balancing the transition to low-carbon and green sources of supply and the attempts to fortify energy security scales.

about 2 years ago
North Field; Source: QatarEnergy LNG
Liquefied Natural Gas

Saipem scoops up $4 billion for work on mega natural gas field offshore Qatar

Saipem has won a multibillion-dollar deal for an offshore project designed to help maintain natural gas production from the biggest field off the northern coast of Qatar.

about 2 years ago
LNG carrier; Source: ABB
Liquefied Natural Gas

Swiss firm to kit out QatarEnergy’s 15 LNG vessels with permanent magnet shaft generator tech

ABB has been tasked with providing permanent magnet shaft generator technology to power 15 liquified natural gas (LNG) carriers, which South Korea’s Samsung Heavy Industries (SHI) will build for work with QatarEnergy.

about 2 years ago
An illustration of an LNG terminal on the coast
Liquefied Natural Gas

Offtake deal bringing Mexican LNG to Oman

Amigo LNG, a Mexican subsidiary of Singapore’s LNG Alliance, has signed a binding heads of agreement (HOA) with OQ Trading (OQT), the trading arm of the national energy company of the Sultanate of Oman, to supply liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’

about 2 years ago