Lock Mobilisation Terms Ahead of Papua LNG EPCC Selection

The vessel is one of six LNG carriers covered by a long-term charter agreement that MOL signed with CNOOC Gas & Power Singapore Trading & Marketing in January 2022

Greenergy Cloud LNG carrier; Source: MOL Greenergy Cloud, as the sixth LNG carrier in the CNOOC series, was named on June 17, 2026, bringing the construction program to a close. The vessel is one of six LNG carriers covered by a long-term charter agreement that MOL signed with CNOOC Gas & Power Singapore Trading & Marketing in January 2022

The vessels are designed primarily to transport LNG procured by the CNOOC Group from global sources to China under long-term charter arrangements

Home Fossil Energy TotalEnergies handpicks Daewoo E&C for work on LNG project in Oceania August 13, 2026, by France’s energy giant TotalEnergies has selected Seoul-based Daewoo Engineering & Construction (Daewoo E&C) as the preferred bidder for a major package on a liquefied natural gas (LNG) project in Papua New Guinea, Oceania. Papua LNG; Courtesy of Santos Daewoo E&C has secured preferred bidder status for the engineering, procurement, construction and commissioning (EPCC) of the Papua LNG project’s central

This LNG project is targeting a final investment decision (FID) in the second half of 2026, while the contract with Daewoo E&C is yet to be finalized. Papua LNG is operated by TotalEnergies in partnership with ExxonMobil, Santos and JX Nippon, with the Papua New Guinea state holding a back-in right

Papua LNG; Courtesy of Santos Daewoo E&C has secured preferred bidder status for the engineering, procurement, construction and commissioning (EPCC) of the Papua LNG project’s central processing facility (CPF) and wellpads

5 mtpa; Source: Golar LNG While revealing its EPC agreement with CIMC Raffles for its fourth FLNG with an annual liquefaction capacity of 3. 5 million tons of LNG per annum (mtpa), Golar LNG highlights that this FLNG conversion project has a total budget of approximately $2

We believe this FLNG order, combining the world’s earliest available FLNG delivery and Golar’s market leading operational track record, is well positioned to provide prospective clients with an attractive gas monetization solution, whilst driving value for Golar. ” The MK II FLNG order is perceived to strengthen Golar’s position in the FLNG market, increasing its controlled liquefaction capacity by about 40% to above 12 mtpa

Wang Jianzhong, CEO and President of CIMC Raffles, stated: “We are very pleased and honored to be selected by Golar for the second MKII FLNG project. Golar’s decision to place a repeat order with CIMC Raffles while the first MKII FLNG is still under construction demonstrates the strong confidence in ourengineering, construction and project execution capabilities, as well as the strength of our partnership

Home Subsea Taihan’s recently purchased CLV ready for first offshore wind assignment August 13, 2026, by South Korea’s Taihan Cable & Solution has held a safe operation ceremony for the cable-laying vessel (CLV) it recently purchased from DOF Group, ahead of full-scale deployment for offshore wind projects. Source: Taihan Cable & Solution Taihan reported in May that it had acquired the 2016-built Skandi Connector from DOF, representing the second offshore wind-dedicated CLV introduced in Korea

Home Subsea Taihan’s recently purchased CLV ready for first offshore wind assignment August 13, 2026, by South Korea’s Taihan Cable & Solution has held a safe operation ceremony for the cable-laying vessel (CLV) it recently purchased from DOF Group, ahead of full-scale deployment for offshore wind projects

4-meter-long vessel