Latest Lng Development News

Botala Energy has successfully brought new wells online at its Serowe Coal Bed Methane project, significantly boosting reservoir pressure and advancing its LNG development plans. The company also completed Phase 1 of its Bankable Feasibility Study and raised A$1.25 million to fund ongoing exploration and engineering.

Santos has marked a significant milestone in its Pikka phase 1 project with the safe arrival of critical processing modules in Alaska, pushing the project close to completion and setting the stage for increased production by 2027.

Kinetiko Energy has spudded its third gas production test well at Brakfontein and signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant, backed by a recent $2.2 million capital raise.

RBR Group stands uniquely positioned as the only ASX-listed company directly linked to Mozambique’s LNG megaprojects, gearing up for a sector revival and broader African growth.

Kelsian’s US subsidiary Hotard Coaches has landed a major contract to provide workforce transportation for the Louisiana LNG development, marking a significant step in its industrial transport expansion.

RBR Group Limited completed a $1.3 million capital raise and strengthened its position in Mozambique’s LNG sector through key tender submissions and a strategic partnership with Field Ready-Getenergy group.

Woodside Energy has inked a pivotal long-term agreement with bp to supply up to 640 billion cubic feet of natural gas for its Louisiana LNG project starting in 2029, marking a significant step in the project's development and environmental commitments.

Woodside Energy has approved the final investment decision for its Louisiana LNG development, a major three-train project targeting first LNG in 2029 with strong returns and emissions targets intact. This move positions Woodside as a global LNG powerhouse with a diversified portfolio and significant cash flow potential.

Woodside Energy Group Ltd reported a 115% increase in net profit after tax to US$3.573 billion in 2024 despite a 6% revenue decline, driven by record production and strategic growth in LNG and new energy sectors.

RBR Group Limited has secured $1.3 million through a capital raising initiative despite operational disruptions in Mozambique, positioning itself for growth in the LNG services sector.

Woodside Energy achieved record annual production in 2024, led by the Sangomar project, while advancing key LNG developments and streamlining its asset portfolio through a major swap with Chevron.