This move strengthens the long-term supply of the Ichthys LNG natural gas liquefaction plant, in which TotalEnergies holds a 26% stake, while Inpex and other Asian minority shareholders own the remaining 74%.

The acquisition includes operatorship of three blocks: Ganal PSC, Parak PSC, and Makassar Straits PSC.

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for four liquefied natural gas (LNG) carriers, exceeding its 2021 order target.

US contractor McDermott International’s storage business, CB&I Storage Solutions, has secured a sizeable contract to build four liquefied petroleum gas (LPG) spheres