Articles tagged Fid

As it awaits the closure on its acquisition of Tellurian Inc., Woodside Energy Group Ltd. is forging ahead landing equity partners and customers that can help it optimize the Driftwood LNG project and its new North American foothold, CEO Meg O’Neill said.

Tellurian Inc. has made another executive leadership change, this time choosing to part ways with its CEO, as it tries to fast track development of its Driftwood LNG project.

The world is on track to achieve 800 million metric tons/year (mmty) of LNG capacity by 2030, with Baker Hughes Co. expecting to grab a major slice of the market, executives said Wednesday.

As the early phases of construction ramp up in Texas, NextDecade Corp. is plotting course for a final investment decision (FID) on an expansion of its Rio Grande LNG export facility later in the year.

Woodside is further diversifying its LNG portfolio with more U.S.-sourced gas from a new supply agreement with Mexico Pacific Ltd. (MPL), tallying another major offtaker for the proposed Mexican terminal.

As construction of the first phase gets underway in South Texas near the Mexico border, NextDecade Corp. is looking to finalize plans by mid-2024 to expand its Rio Grande LNG export project.

The opportunities for global natural gas, including LNG, look strong in the near term, with a “number of projects” likely to be sanctioned for the next few years, Baker Hughes Co. CEO Lorenzo Simonelli said Wednesday.

Click here to listen to the latest episode of NGI’s Hub & Flow. Rapidan Energy Group’s Alex Munton, director of global gas service, joins NGI’s Senior LNG Editor Jamison Cocklin to discuss how U.S. regulators are stepping up efforts to more closely scrutinize liquefied natural gas export authorizations as global trading booms. 

NextDecade Corp. has officially reached a final investment decision (FID) and given a notice to proceed on construction of the first phase of its Rio Grande LNG (RGLNG) facility.

As Commonwealth LNG LLC awaits its last regulatory approval from the U.S. Department of Energy (DOE), management said it has also entered the final stages of commercializing the more than 9 million metric tons/year (mmty) project ahead of a final investment decision (FID) later this year.