Reuters sources describe preliminary negotiations with no certainty of a deal. Eni’s Libyan output averaged about 162,000 boe/d in 2025, while neither company confirmed the discussions.
Shell’s Crux offshore gas project in Australia is moving toward commissioning after platform installation, with first gas targeted for the second half of 2027 to supply the Prelude FLNG facility.
Equinor has raised the Snøhvit Future project cost estimate to NOK 26.5 billion ($2.8 billion) in 2026 value. The project is 60% complete, with compression and electrification schedules unchanged.
GasEntec has secured Lloyd’s Register AiP for a 1 Bcf/d FSRU concept featuring multi-mode regasification and a modular design for different project requirements.
Seatrium has secured its ninth FSRU conversion for Karpowership, with Arctic Voyager set to become LNGT Akdeniz for Kinetics and delivery targeted for Q3 2028.
Glory and Bright are transporting two power-generation modules from China for Novatek’s Arctic LNG 2 Train 2 after loading the units at Zhangjiagang.
New Fortress Energy has sold Sevan Driller and Sevan Brasil for demolition after previously planning to convert the former Seadrill units into floating LNG liquefaction facilities.
Hanwha Ocean faces a $1 billion arbitration claim from Arctic LNG 2 over alleged Step In Agreements breaches linked to terminated shipbuilding contracts.
COOEC reiterated plans to expand into FSRU and FLNG projects as first-half 2026 revenue rose 9.4%, while work continued across its LNG and offshore engineering portfolio.
