BP Expands Indonesia Offshore Portfolio
22, May 2026
BP has signed three offshore PSCs in Indonesia, adding Bintuni, Drawa and Barong interests as partners target future natural gas and LNG opportunities.
LNG
SK Innovation Starts Vietnam LNG Development
20, May 2026
SK Innovation, PetroVietnam Power and NASU have launched the $2.3 billion Quynh Lap LNG project in Vietnam, targeting commercial operations by December 2030.
Samsung Heavy Wins FSRU Order in Asia
5, May 2026
Samsung Heavy Industries has secured a KRW 484.8 billion LNG FSRU order from an Asian shipowner as demand for energy infrastructure rises.
BP Signs Venezuela Gas MOU
30, April 2026
BP has signed an MOU with Venezuela covering Cocuina-Manakin development and possible Loran cooperation, with gas potentially moving to Trinidad for LNG export.
US Pays $900 Million to End Two Wind Leases
28, April 2026
The Trump administration will reimburse Bluepoint Wind and Golden State Wind nearly $900 million to cancel two US offshore wind leases.
Panama Canal Defends Auction Slot System
25, April 2026
Panama Canal officials say auction slots are part of the planned transit system, as U.S. energy cargo demand lifts prices and bookings.
US Lawmakers Press for Answers on TotalEnergies Wind Deal
4, April 2026
US lawmakers Alexandria Ocasio-Cortez and Ed Markey are seeking legal and funding details on a planned $928 million payment to TotalEnergies tied to the cancellation of offshore wind projects off the US East Coast.
Excelerate Acadia Named at HD Hyundai Ulsan Shipyard
2, April 2026
Excelerate Energy named its new FSRU, Excelerate Acadia, at HD Hyundai Heavy Industries in Ulsan. The vessel, built for long-term LNG import and regasification work, is scheduled for deployment at the company’s integrated LNG terminal in Iraq.
Woodfibre LNG Reaches 65% as Powerhouse Module Arrives
20, March 2026
Woodfibre LNG has reached 65% completion after the arrival of its 4,200 t powerhouse module, the 16th unit delivered to the all-electric LNG export project near Squamish.
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