Category: Commonwealth LNG
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Aramco splashes $30 billion on 17 more deals with US players
Aramco splashes $30 billion on 17 more deals with US players Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies such as SLB, Baker Hughes, McDermott, Halliburton,…
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Legal setback for US LNG arena: Court nixes $11 billion Gulf Coast project’s permit
Legal setback for US LNG arena: Court nixes $11 billion Gulf Coast project’s permit A wave of planned U.S. liquefied natural gas (LNG) projects is perceived to be under scrutiny in the aftermath of a recent court ruling, which revoked a permit for an LNG export terminal over alleged climate harms. This decision is anticipated to…
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UAE player’s stake buy prompts rebrand of US LNG developer
UAE player’s stake buy prompts rebrand of US LNG developer UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has closed the acquisition of an interest in a subsidiary of energy-focused alternative asset manager Kimmeridge. The post UAE player’s stake buy prompts rebrand of US LNG developer…
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Offtake deal locked in ahead of US LNG terminal’s FID
Offtake deal locked in ahead of US LNG terminal’s FID U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana. The post Offtake deal locked in…
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20-year gas offtake deal lands on Commonwealth LNG’s booking sheet
20-year gas offtake deal lands on Commonwealth LNG’s booking sheet Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, has won a new multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) for its LNG export terminal currently under development on the west bank of the Calcasieu Ship Channel at…
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UAE firm makes its first foray into US by joining Kimmeridge’s gas and LNG business
UAE firm makes its first foray into US by joining Kimmeridge’s gas and LNG business Mubadala Energy is entering the U.S. energy market through an equity investment into the upstream gas and liquefied natural gas (LNG) business owned by a subsidiary of Kimmeridge, an energy-focused alternative asset manager. The post UAE firm makes its first…
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Louisiana’s LNG terminal becomes first export project to get US blessing after freeze
Louisiana’s LNG terminal becomes first export project to get US blessing after freeze Kimmeridge has secured a green light for its proposed 9.5 million tons per annum (mtpa) liquefied natural gas (LNG) export terminal project on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish,…
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With funds for Louisiana LNG terminal secured, Texas firm eyes FID in second half of 2025
With funds for Louisiana LNG terminal secured, Texas firm eyes FID in second half of 2025 Kimmeridge Texas Gas (KTG) has obtained funds for its proposed liquefied natural gas (LNG) terminal near Cameron, Louisiana. The post With funds for Louisiana LNG terminal secured, Texas firm eyes FID in second half of 2025 appeared first on…
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Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks
Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer. The post Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks appeared first on Offshore Energy.…
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US LNG export projects on hold until environmental reviews are out of the way
US LNG export projects on hold until environmental reviews are out of the way As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from…