CONTRACTS & AGREEMENTS

Total, Sonatrach extend contract to supply Algerian LNG to France

France’s Total and Algeria’s Sonatrach have signed an agreement to extend existing contracts for the supply of liquefied natural gas (LNG) for...

YPF declares force majeure on Exmar’s Tango FLNG agreements

Belgian shipping company Exmar has received a notification from Argentinian state energy company YPF declaring force majeure on the charter and services...

CHI and GTT to continue LNG Cooperation

GTT and CHI (Cosco Shipping Heavy Industries) will continue to cooperate in the fields of newbuilding, maintaining, and retrofitting LNG carriers and...

MERGERS & ACQUISITIONS

Santos to sell Darwin LNG and Bayu-Undan stakes

Santos has agreed to sell 25% stakes in the Darwin LNG project and the Bayu-Undan gas field to SK E&S for $390...

CLEANCOR acquires Palm Springs LNG Fueling Station

SEACOR Holdings subsidiary, CLEANCOR Energy Solutions, has acquired an LNG and CNG fueling station in Palm Springs, California. The attended card lock...

GTT purchases smart shipping designer Marorka

French LNG engineering specialist GTT has acquired 100% of Iceland-based maritime energy monitoring and optimization system designer Marorka’s share capital. The company was purchased...

JOINT VENTURES

Sovcomflot and NOVATEK sign Joint Venture Agreement

PAO Sovcomflot and PAO NOVATEK signed a Heads of Agreement while at the Eastern Economic Forum. The agreement specifies the creation of...

NOVATEK and Severgroup Sign Memorandum on Strategic Partnership and Cooperation

PAO NOVATEK and OOO Severgroup signed a Memorandum on Strategic Partnership and Cooperation. The agreement expressed intent to cooperate on supplies for...

NOVATEK and Gazprom Neft Sign Arctic Agreement

PAO NOVATEK and PAO Gazprom Neft signed an Agreement of Intent on Arctic Projects to form a joint venture to explore and...

COMPANIES

Total becomes part of Getting to Zero Coalition

Total has joined the Getting to Zero Coalition to support the maritime industry's decarbonization. The coalition’s ambition is to help achieve the...

Cheniere donates over $1 Million for COVID-19 relief

Cheniere Energy will donate over $1 million US dollars in response to the current COVID-19 outbreak. The money will go to organizations...

ExxonMobil reduces 2020 Capex and Opex

ExxonMobil will reduce its 2020 capital spending by 30% and cash operating expenses by 15%, the company announced. The...

People

Tellurian appoints Charif Souki as Executive Chairman

Tellurian, which is developing the proposed Driftwood liquefaction project on the US Gulf Coast, has announced that its board of directors has...

Venture Global LNG hires Jack Thayer as CFO

Venture Global LNG has announced the hiring of Jonathan (Jack) Thayer as chief financial officer (CFO). Thayer has over 15 years of...

Tellurian brings in two New Executive Leadership Team Members

Tellurian has added two new members to its executive leadership team. Kian Granmayeh has been promoted to the role of...