Q2 2025 Activities and Opportunities

  • Glenfarne Alaska LNG LLC earlier this week signed a cooperation agreement with PTT Public Co. Ltd. for strategic participation in the 20-million tonne/year (tpy) Alaska LNG project, including the procurement of 2 million tpy over a 20-year term. (Oil & Gas Journal, 28 June 2025)

  • Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a multi-year supply of liquefied natural gas (LNG). (Offshore Energy, 27 June 2025)

  • Coastal Bend LNG, Houston, has initiated development of a 22.5 million tonnes/year (tpy) natural gas liquefaction and export plant on the Texas Gulf Coast. The privately held energy infrastructure development company expects to pre-file its Federal Energy Regulatory Commission (FERC) permits this year. (Oil & Gas Journal, 27 June 2025)

  • Iraq is in advanced talks with Excelerate Energy Inc. to facilitate its first-ever liquefied natural gas imports as the country, which struggles with power outages, seeks to cut dependence on Iran for supplies. (Rigzone, 26 June 2025)

  • Energy Transfer LP subsidiary Energy Transfer LNG Export LLC has agreed to supply an additional 1.0 million tonnes/year (tpy) of LNG to Chevron USA Inc. from the Lake Charles LNG plant. The 20-year agreement increases Chevron’s total contracted volume from Energy Transfer LNG to 3.0 million tpy, following the initial 2.0 million tpy agreement signed in December 2024. (Oil & Gas Journal, 26 June 2025)

  • Woodside Energy Group Ltd. has completed the farm-down of a 40 percent stake in its under-construction Louisiana LNG project in Calcasieu Parish to Stonepeak Partners LP. (Rigzone, 25 June 2025)

  • Cheniere Energy Inc. said Tuesday it had made a positive FID (final investment decision) to add two “midscale” trains to the Corpus Christi LNG facility in South Texas. (Rigzone, 25 June 2025)

  • Petroliam Nasional Bhd. (Petronas) has signed a memorandum of cooperation (MOC) with the Japan Organization for Metals and Energy Security (JOGMEC), on top of an agreement announced days earlier for the Malaysian national oil and gas company to supply Japanese power utility JERA Co. Inc. with LNG. (Rigzone, 24 June 2025)

  • Golar LNG Ltd.’s floating liquefied natural gas (FLNG) vessel Gimi has reached its commercial operations date (COD), triggering a 20-year lease for the BP PLC-operated Greater Tortue Ahmeyim (GTA) project on the Mauritania-Senegal maritime border. (Rigzone, 24 June 2025)

  • Woodside Energy and Petronas, through its subsidiary Petronas LNG Ltd. (PLL), signed a non-binding heads of agreement (HOA) for the supply of 1 million tonnes/year (tpy) of LNG to Malaysia from 2028 for a period of 15 years. (Oil & Gas Journal, 19 June 2025)

  • Petronas will purchase 1 million tonnes/year (tpy) of LNG for 20 years from Commonwealth's 9.5 million tpy plant under development in Cameron. Commonwealth LNG currently has 4 million tpy of offtake under long-term agreement and aims to finalize its commercial book ahead of a targeted final investment decision in this year’s third quarter and anticipated first LNG production in late 2029. (Oil & Gas Journal, 18 June 2025)

  • Malaysia’s national oil and gas company has committed to purchasing one million metric tons per annum (MMtpa) for 20 years from Kimmeridge Energy Management Co. LLC’s planned Commonwealth LNG project in Louisiana. Petroliam Nasional Bhd. (Petronas) also entered into a non-binding heads of agreement with Woodside Energy Group Ltd. for the purchase of one MMtpa from the Australian company’s global portfolio, including the under-construction Louisiana LNG, for 15 years. Delivery is set to start 2028. (Rigzone, 18 June 2025)

  • Trigon Pacific Terminals Ltd. has made an FID (final investment decision) to build a liquefied petroleum gas (LPG) export facility in Prince Rupert, British Columbia, with a capacity of 2.5 million metric tons per annum (MMtpa). (Rigzone, 13 June 2025)

  • Japan’s largest power generation company has signed agreements to secure up to 5.5 million tonnes/year (tpy) of LNG from United States suppliers. JERA Co. Inc. finalized 20-year agreements with US operators, announced from the US Department of Energy headquarters in Washington, DC, June 11. (Oil & Gas Journal, 13 June 2025)

  • Egypt agreed to buy liquefied natural gas over 2 1/2 years from suppliers including Saudi Aramco, Trafigura Group and Vitol Group, putting the country on course to be a long-term importer as local production slows. (Rigzone, 12 June 2025)

  • Abu Dhabi National Oil Company is evaluating whether to buy some of bp’s key assets if the British firm decides to break itself up, or if it comes under pressure to divest more units, Bloomberg has reported. (Offshore Mag, 12 June 2025)

  • India’s state-owned GAIL (India) Ltd. has completed the first berthing and discharge operation at the Dabhol LNG terminal. The company welcomed the vessel GAIL Bhuwan at the facility following the completion of the breakwater project, GAIL said in a media release. The discharging of GAIL Bhuwan also marks the start of uninterrupted, round-the-year operations at the terminal. (Rigzone, 11 June 2025)

  • Eni and Argentina's state-owned YPF have signed an agreement for the Argentina LNG project, following a memorandum of understanding signed on April 14. The new agreement sets out the steps needed to reach FID on the phase of the project that includes production, treatment, transportation and liquefaction installations of gas via floating units (FLNGs), for a total capacity of 12 MMt/year of LNG. (Offshore Mag, 11 June 2025)

  • Germany's SEFE has agreed to a 10-yr deal to receive natural gas from Azerbaijan's SOCAR starting this year, with volumes gradually rising to 1.5 Bm3y. State-owned SEFE, Securing Energy For Europe, is seeking long-term supply deals after losing most of its Russian pipeline gas in 2022 following Russia's invasion of Ukraine. (Gas Processing News, 10 June 2025)

  • Global investment company XRG has set a goal of building a top-five integrated gas and liquefied natural gas (LNG) business with a capacity of 20-25 million metric tons per annum (MMtpa) by 2035. Abu Dhabi National Oil Co. (ADNOC) launched the platform late last year to drive the United Arab Emirates’ expansion in the chemical, low-carbon energy and natural gas markets. XRG’s board has now approved a five-year plan (2025-30). (Rigzone, 10 June 2025)

  • The first round of partner selection for the planned Alaska LNG project attracted over 50 companies. The potential partners are from the United States, the European Union, Japan, Korea, Taiwan, Thailand and India. The companies expressed interest for over $115 billion of contract value for various partnerships with the Project, including equipment and material supply, services, investment, and customer agreements. Alaska LNG, approved by the Federal Energy Regulatory Commission May 2020, will deliver natural gas from the state’s North Slope to both domestic and global markets. It is the only federally permitted liquefied natural gas (LNG) project on the United States Pacific Coast, according to co-developer Alaska Gasline Development Corp. (AGDC). (Rigzone, 6 June 2025)

  • BP Singapore, a subsidiary of the UK-headquartered energy giant BP, has signed on the dotted line with India’s Torrent Power, part of Torrent Group, to supply liquefied natural gas (LNG) for the latter’s 2,730 MW combined cycle gas-based power plants in line with India’s push to up the natural gas ante in its energy mix to around 15% by the end of the decade. (Offshore Energy, 3 June 2025)

  • The US Department of Energy (DOE) gave Sempra Infrastructure final authorization to export LNG to non-free trade agreement countries from its proposed 13.4-million tonne/year (tpy) Port Arthur LNG Phase 2 expansion project in Jefferson County, Tex., on May 29. The expansion would double the company’s Port Arthur LNG capacity to about 26 million tpy. (OIl & Gas Journal, 31 May 2025)

  • Energy and commodities company Vitol has signed a liquefied natural gas (LNG) term sale and purchase agreement (SPA) with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players. (Offshore Energy, 19 May 2025)

  • Executives of Venture Global Inc., Arlington, Va., have increased their 2025 guidance for cargos from the company’s Calcasieu Pass and Plaquemines LNG plants by about 5 and say customers’ appetite for shipments is “fairly steady.” (Oil & Gas Journal, 14 May 2025)

  • Commonwealth LNG LLC and Kimmeridge Texas Gas (KTG) finalized binding agreements with Glencore Ltd. to form a natural gas and LNG partnership. (Oil & Gas Journal, 14 May 2025)

  • Shell Plc’s liquefied natural gas project in Canada, the country’s first large-scale export terminal for the fuel, is preparing to begin overseas sales as soon as late June. (Rigzone, 12 May 2025)

  • Southern Energy and Golar LNG announced FID May 2 on a 20-year redeployment charter of the FLNG Hilli Episeyo offshore Argentina. In addition, the two parties have signed definitive agreements for a 20-year charter for Golar’s MKII FLNG, which is undergoing conversion at the CIMC Raffles shipyard in Yantai, China. This charter remains subject to FID and regulatory approvals, although both are anticipated later this year. (Offshore Mag, 10 May 2025)

  • Energy Transfer LP is targeting final investment decision (FID) on its 16.45-million tonne/year (tpy) Lake Charles LNG plant in Calcasieu Parish, La., by end-2025. The company last month signed a heads of agreement (HoA) with MidOcean Energy LLC to jointly develop the project (OGJ Online, Apr. 10, 2025). It also agreed to sell a Japanese utility 1 million tpy of offtake and signed an HoA with a German utility for offtake of another 1 million tpy. (Oil & Gas Journal, 9 May 2025)

  • Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance, has signed a definitive 15-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with Oman. Under the agreement signed with OQ Trading (OQT), the international energy and commodity trading vehicle of the Oman government, OQT will purchase 0.6 million metric tons per annum (mtpa) of LNG free on board from Amigo LNG's export terminal in Sonora, Mexico. (Rigzone, 6 May 2025)

  • Commonwealth LNG signed an agreement with an undisclosed buyer to supply LNG from its 9.5 million tonnes/year (tpy) plant currently under development in Cameron, La. The deal, signed with “a major Asian energy company,” will see Commonwealth supply 1 million tpy of LNG for 20 years. (Oil & Gas Journal, 5 May 2025)

  • Venture Global Inc. has secured $3 billion in syndicated borrowings to help fund the under-construction CP2 LNG in Cameron Parish, Louisiana. (Rigzone, 6 May 2025)

  • The Gas Exporting Countries Forum (GECF) projects a 2 percent increase in natural gas consumption in 2025 on continued growth in the power and industrial sectors. Global production is also forecast to rise 2 percent, driven by the Middle East, according to the April release of the GECF’s monthly report. (Rigzone, 5 May 2025)

  • TotalEnergies and OQ, the Oman National Oil Company, have broken ground on the Marsa LNG plant in the port of Sohar, northern Oman, one year after the companies took final investment decision (FID) to develop the project. The 1 million tonnes/year (tpy) liquefaction plant is being built by Marsa LNG LLC, a joint venture company of TotalEnergies (80%) and OQ Exploration & Production (20%). First LNG, primarily intended to serve the marine fuel market (LNG bunkering) in the Gulf to reduce emissions in the shipping industry, is expected in the first quarter of 2028. (Oil & Gas Journal, 2 May 2025)

  • INEOS Group Ltd. and Covestro AG have signed a deal for the British diversified conglomerate to supply the German major polymer materials producer with liquefied natural gas (LNG) for up to eight years from 2027. (Rigzone, 1 May 2025)

  • Woodside Energy Group Ltd. has tapped BP PLC for the supply of up to 640 billion cubic feet of natural gas for the Louisiana LNG project on the United States Gulf Coast. (Rigzone, 1 May 2025)

  • Woodside Energy Group Ltd. said Tuesday it had made a positive final investment decision (FID) on the Louisiana LNG project. “The forecast total capital expenditure for the LNG project, pipeline and management reserve is US$17.5 billion (100 percent)”, the Australian oil and gas exploration and production company said in an online statement. (Rigzone, 29 April 2025)

  • QatarEnergy and Exxon Mobil Corp. on Monday secured regulatory approval to commission their Sabine Pass, Texas liquefied natural gas (LNG) project. (Rigzone, 29 April 2025)

  • Woodside Energy has pressed go on the Louisiana investment set to make it a “global LNG powerhouse”. Not bad for the oil and gas start-up named after a Victorian Bass Strait town seven decades ago. (Australian Financial Review, 29 April 2025)

  • Indian energy importers are switching from pricey liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel. (Rigzone, 24 April 2025)

  • TotalEnergies signed a heads of agreement (HoA) with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for delivery of 400,000 tonnes/year (tpy) of LNG.  (Oil & Gas Journal, 23 April 2025)

  • Petroliam Nasional Bhd. (Petronas) has delivered its first liquefied natural gas (LNG) cargo for Vietnam National Industry-Energy Group (Petrovietnam), renamed earlier this month from Vietnam Oil and Gas Group, as part of a cooperation deal signed 2023. (Rigzone, 23 April 2025)

  • German LNG Terminal GMBH has awarded Ballast Nedam Infra BV and Hakkers Waterbouw the contract to build a sea jetty as part of the 10 billion cu m/year land-based terminal German LNG is building in Brunsbüttel, Germany. The companies will execute the work as subcontractors to main contractor CS Gas North, a collaboration between Spanish companies Grupo Cobra and Sener. (Oil & Gas Journal, 22 April 2025)

  • ADNOC has signed a long-term agreement to supply ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas Co. Ltd. Under the SPA, ADNOC will supply about 1 million tonnes/year (tpy) of LNG to ENN LNG for a period of 15 years. The LNG will primarily be sourced from ADNOC’s Ruwais LNG project. (Oil & Gas Journal, 22 April 2025)

  • The European Union’s imminent release of a road map for phasing out Russian fossil fuel purchases will signal to companies that they should source more liquefied natural gas from the US, according to European Council President Antonio Costa. (Rigzone, 21 April 2025)

  • German utility Uniper SE has signed liquefied natural gas (LNG) sale and purchase agreements (SPAs) with Woodside Energy Group Ltd. In a media release, Uniper said Woodside will deliver 1 million tonnes per annum (MMtpa) from Louisiana LNG LLC and 1 MMtpa from its global portfolio. Uniper noted that the 2 MMtpa would cover approximately 3 percent of German total gas consumption in 2024. (Rigzone, 21 April 2025)

  • Eni SpA has signed a memorandum of understanding (MoU) with Argentina’s state energy company YPF for the joint evaluation of the Argentina LNG project. (Rigzone, 18 April 2025)

  • bp says it has safely loaded the first cargo of LNG for export from its GTA Phase 1 project offshore Mauritania and Senegal. (Offshore Mag, 17 April 2025)

  • Global energy major TotalEnergies SE signed a heads of agreement (HoA) with Energia Natural Dominicana Enadom, S.R.L. (Enadom) for the delivery of 400,000 tons of liquefied natural gas (LNG) per year. (Rigzone, 16 April 2025)

  • Delfin Midstream has announced significant progress in securing key permits and approvals for its energy infrastructure project in the US. Delfin LNG, a subsidiary of Delfin, received a licence from the Maritime Administration (MARAD) on 21 March 2025. The licence allows Delfin LNG to own, construct, operate and decommission a deep-water port to export liquefied natural gas (LNG) from the US. (Offshore Technology, 11 April 2025)

  • NextDecade Corp. has secured a 20-year, 1.2 million metric tons per annum (MMtpa) offtake from Saudi Arabian Oil Co. (Aramco) for the planned fourth liquefaction train of the under-construction Rio Grande LNG project in Brownsville, Texas. (Rigzone, 9 April 2025)

  • LNG Canada has started to cool down its liquefied natural gas plant in Kitimat, British Columbia, considered a final step before it begins to produce the superchilled gas, two people told Reuters. LNG Canada is the country's first LNG export facility and when completed is expected to produce 14 million metric tonnes per annum (MTPA) for export. (Reuters, 9 April 2025)

  • Woodside Energy Group Ltd. has entered into a binding agreement with investment firm Stonepeak to farm out 40% interest in Louisiana LNG Infrastructure LLC, its LNG production and export terminal under construction in Calcasieu Parish, La. (Oil & Gas Journal, 8 April 2025)

  • LNG Canada has started to cool down its liquefied natural gas plant in Kitimat, British Columbia, considered a final step before it begins to produce the superchilled gas. LNG Canada is the country's first LNG export facility and when completed is expected to produce 14 million metric tonnes per annum (MTPA) for export. (Reuters, 9 April 2025)

  • Stonepeak Partners LP has signed an agreement to become a 40 percent partner in Woodside Energy Group Ltd.’s Louisiana LNG project, committing a cumulative investment of $5.7 billion. (Rigzone, 7 April 2025)

  • The Federal Energy Regulatory Commission has granted approval to U.S. LNG developer Venture Global Inc to commence service on the remainder of the facilities at the Calcasieu Pass LNG Terminal in Louisiana, according to a filing on Thursday. (Reuters, 4 April 2025)

See past activities and opportunities for companies like Gulf Energy below: