Lng News

QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the future, CEO Saad Sherida Al-Kaabi told Reuters on Thursday."In a scenario where you have a closure of the strait, which is the true contingency that we're looking to have, you'd immediately see a spike in gas price and you'll be able to generate revenue for QatarEnergy that otherwise wouldn't be generated…

The Maritime Administration has approved a deepwater port license application for the $8.2 billion ST LNG project, US Transportation Secretary Sean Duffy said on Wednesday.The project could further expand US liquefied natural gas export capacity. President Donald Trump's administration has promised to ease permitting in a bid to speed up energy infrastructure development.The ST LNG deepwater port, set to be built about 10.4 miles (16.7 km) offshore Matagorda, Texas, will include four 2.1 million tonnes per annum liquefaction plants for a combined production capacity of 8.4 mtpa…

Reach Subsea and Eidesvik Offshore have completed the sale of the inspection, maintenance and repair (IMR) vessel Viking Reach, with the vessel delivered to its new owners on October 26.The transaction was completed through Eidesvik Reach, a joint venture between Reach Subsea and Eidesvik Offshore, following a deal first announced in August 2026.Neither company identified the buyer in its latest announcement.Although not confirmed by October announcement, Asso Group reported on August 4 that it had signed a memorandum of agreement to acquire Viking Reach…

DOF Group ASA has agreed to sell the 2018-built subsea construction vessel Skandi Implementer to an undisclosed buyer.The vessel is planned to be delivered to its new owner in Q2 2027. The sale will contribute to a material reduction in the Group’s net debt.“While we have not actively pursued a sale of this high-end subsea vessel, the terms are accretive for the DOF Group and its shareholders, making this the right decision," said Mons S. Aase, CEO DOF Group ASA/

The Maritime and Port Authority of Singapore (MPA), CMA CGM Group and Singapore LNG Corporation (SLNG) signed a Memorandum of Understanding (MOU) to explore the supply and use of liquefied bio-methane, or bio-LNG, as a marine fuel, leveraging Singapore’s existing LNG infrastructure to support shipping decarbonization.The agreement brings together MPA’s regulatory expertise, CMA CGM’s shipping operations and SLNG’s LNG infrastructure capabilities to develop practical pathways for supplying…

Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering, procurement, construction and installation (EPCI) project being delivered by Lamprell.The agreement marks the first offshore production platform and jacket fabrication scope undertaken at IMI's Ras Al-Khair yard…

Seatrium has secured an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Excelerate Energy to convert an LNG carrier into a floating storage and regasification unit (FSRU), with an option for a second conversion.The project marks Seatrium's first EPCIC FSRU conversion contract for Excelerate Energy, with engineering work expected to begin in the fourth quarter of 2026 and delivery targeted for 2028.The contract covers the installation and integration of regasification facilities…

Lloyd's Register (LR) has awarded Approval in Principle (AiP) to GasEntec for a floating storage and regasification unit (FSRU) concept capable of delivering up to 1 billion cubic feet of gas per day, placing it among the highest-capacity FSRU designs currently under development.The approval, presented during Gastech 2026 in Bangkok, followed LR's independent assessment of the design's technical and safety fundamentals.The FSRU features a multi-mode regasification system capable of operating in open…

DOF Group has received a letter of intent for a contract valued at between $50 million and $100 million that would secure work for one of its I-class vessels in the first half of 2028.The scope includes DOF's in-house project management and engineering, as well as procurement and logistics support services.The company expects the full contract award to be confirmed by mid-November 2026.DOF Group did reveal any additional details regarding the client, vessel or project involved.

Höegh Evi and Petroleum Sarawak (PETROS) have agreed to jointly develop, own and operate a proposed LNG import terminal in Kuching, Malaysia, targeting first gas by the end of 2029.The Kuching LNG Terminal will comprise a floating storage and regasification unit (FSRU), mooring infrastructure, subsea and onshore pipelines and onshore receiving facilities.The project will form part of the Kuching Low-Carbon development in Sarawak and supply natural gas for power generation in Kuching.

US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul quickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone.The announcement from the White House amounted to the first set of major projects under a broader $350 billion strategic investment package South Korea made as part of a trade agreement with Washington last year. The package included $150 billion…

QatarEnergy has extended force majeure notices and will not be able to deliver liquefied natural gas cargoes to Italian utility Edison or some Asian clients as the Strait of Hormuz remains closed, Edison and trading sources said on Monday.Edison, one of the company's biggest customers in Europe, will not receive LNG cargoes until the beginning of December, the Italian group said on Monday, in the latest extension under a force majeure notification first issued in April following disruptions caused by the US-Iran war.Clients in Asia, including in Bangladesh and Pakistan, were also informed that

More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal, amid fears of attack by Iran, which has tried to throttle traffic through the Strait.Some may have got through undetected if they kept their transponders off, but this month, visible…

On September 18, NYK held a naming ceremony for a newly built liquefied natural gas (LNG) carrier at HD Hyundai Samho Co., Ltd. in the Republic of Korea. The ceremony was attended by distinguished guests and stakeholders, including Tetsuro Wada, CEO of Diamond Global Energy Pte. Ltd. (DGE), and Ryutaro Okuzawa, Executive Officer of NYK. During the ceremony, Mr. Wada named the vessel DIAMOND GAS NEXUS.The vessel is chartered to DGE, a wholly owned subsidiary of Mitsubishi Corporation based in Singapore, under a long-term time-charter contract.

Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September, will support telecommunications cable installation and repairs, trenching and deepwater ROV operations, as well as offshore wind projects.“The TVO Mariner gives us full ownership on project execution for submarine cable installation and repairs, trenching services and deep water ROV operations.

Van Oord has named its two next-generation flexible fallpipe vessels Vindnes and Vestnes, with the 35,000-tonne-capacity ships scheduled for delivery in 2028 and 2029.The purpose-built vessels, currently under construction at Yantai CIMC Raffles Offshore in China, will expand Van Oord's subsea rock installation capacity for offshore wind, interconnector and other energy infrastructure projects.Unlike converted vessels, Vindnes and Vestnes have been designed specifically for subsea rock installation…

Exmar has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for a concept to convert an existing membrane-type LNG carrier into a floating liquefied natural gas (FLNG) unit for offshore gas developments.The FLNG concept would use a membrane-type LNG carrier with an effective LNG storage capacity of about 170,000 cubic meters and a design life of 25 years.Designed for operation in mild environments, the converted vessel would provide offshore gas processing…

ABS has awarded Hanwha Ocean approval in principle (AIP) for a multi-purpose fuel tank and fuel gas supply system that enables an LNG carrier to transition from LNG to ammonia fuel without replacing the fuel tank or fuel supply system.The approval covers the fuel tank and integrated fuel gas supply system for an electrically propelled LNG carrier powered by a gas turbine. The system is designed to supply either LNG or ammonia to the gas turbine, enabling transition from LNG to ammonia.

Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe will enter this winter more vulnerable than usual amid storage levels that are lower than last year, industry executives and analysts said at Gastech in Bangkok.At the same time, the war on Iran has prevented Qatar and the United Arab Emirates from shipping liquefied natural gas through the Strait of Hormuz…

XRG, ADNOC and SEFE have signed a memorandum of understanding to explore wider cooperation across the natural gas and LNG value chain, including supply, infrastructure and shipping opportunities aimed at Germany and the wider European market.The agreement covers potential cooperation in four areas: security of supply, market development and growth, supply chain resilience, and portfolio and shipping optimization.The companies will explore combining ADNOC's UAE-based supply and XRG's international supply sources with SEFE's market presence…

Following receipt of the relevant regulatory clearances, NYK has completed the acquisition of a 50% stake in Avenir LNG Limited. The stake was acquired from Stolt-Nielsen Gas Ltd., a wholly owned subsidiary of Stolt-Nielsen Limited (SNI), which previously held 100% ownership of Avenir LNG.With the completion of the transaction, NYK and SNI have established a joint ownership and operating structure for Avenir LNG, a leading operator in the LNG bunkering sector with one of the world's largest fleets of LNG bunker vessels.The joint venture will pursue opportunities in LNG and bio-LNG bunkering…

Cheniere Energy, Inc. has announced the achievement of two significant milestones: the substantial completion of the Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) in Texas, and the production and export of its 5,000th cargo of LNG from its U.S. Gulf Coast operations. Cheniere has reached the 5,000th cargo milestone faster than any other LNG producer worldwide.CCL Stage 3 achieved substantial completion on August 28, when Bechtel Energy, Cheniere’s engineering, procurement and construction contractor…

Sempra Energy's unit Port Arthur LNG has started the federal permitting process for a major expansion of its liquefied natural gas export operations in Southeast Texas, according to a regulatory filing made on Wednesday.The proposed Port Arthur LNG North Project would add four liquefaction trains capable of producing up to 27 million metric tons per annum (mtpa) of LNG, significantly expanding the company's export footprint on the U.S. Gulf Coast, the filing showed.According to the filing, each train would be capable of producing up to 6.73 mtpa of LNG under optimal conditions.