TotalEnergies’ Russian LNG impairment keeps on rising
TotalEnergies has increased its Russia impairment by another $3.056 billion over challenges in its LNG plans.
Arctic LNG 2
EU sanctions may stall work on Russian LNG project, Technip says
Technip Energies may have to considerably slow construction for Novatek PJSC’s Arctic LNG 2 project because of the latest European Union sanctions against Russia for invading Ukraine.
TotalEnergies to suspend Russian work
TotalEnergies (LON:TTE) has denied charges of complicity in war crimes and signalled its determination for a “gradual suspension” of its work in Russia.
Wison completes first Arctic LNG 2 module
Wison Offshore & Marine has produced the first train module for the Arctic LNG 2 project, weighing nearly 50,000 tonnnes.
Russia to export more LNG to China
Russian gas independent Novatek is set to export more than 3 million tonnes per year (t/y) of LNG to China from the Arctic LNG 2 project as part of its latest deal with Shenergy Group.
Total trims spending on price volatility
Total has no clear view on prices in 2021 and is taking a cautious stance on spending plans, the company’s CFO Jean-Pierre Sbraire said after the company published its third quarter results.
Sovcomflot lines up cash for Arctic LNG 2 carriers
Sovcomflot has signed an agreement on lease financing with VEB.RF Group, for the first of a series of icebreaking LNG carriers (LNGCs) that will serve Arctic LNG 2.
LNG comes through for Shell and Total
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
Japanese backers for Novatek’s transhipment plans
Novatek has signed deals with Mitsui OSK Lines (MOL) and the Japan Bank for International Co-operation (JBIC) on its LNG transhipment projects.
McDermott wins contract for Arctic LNG 2 project in Russia
Engineering services firm McDermott International has won a contract to help deliver a major liquefied natural gas (LNG) project in Russia.
TechnipFMC wins contract worth £6.1billion for Russian LNG project
TechnipFMC has won a major contract with Russia’s Novatek worth £6.1billion.
Total enters Russian LNG project with Novatek deal
French oil major Total will buy 10% of the Arctic LNG 2 project in Russian from Novatek.
Total snaps up 10% stake in Russian LNG project
Total has struck a deal to buy a 10% stake in the Arctic LNG 2 project in northern Siberia.