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QatarEnergy, ExxonMobil Ship 1st Cargo from Texas LNG Project

Golden Pass LNG, designed to export about 18 million metric tons per annum (MMtpa), has dispatched its inaugural cargo. “Marking an important step towards the project’s commencement of full commercial and export operations, the project’s historic LNG cargo was safely and successfully loaded onboard QatarEnergy’s Al-Qaiyyah LNG carrier, recently built in the Republic of Korea […]

Seatrium sells AmFELS yard in Texas to Karpowership affiliate in $65 million deal

Seatrium Limited has announced the sale of its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC, an affiliate of Karpowership, for S$65 million. The divestment, executed through subsidiary Seatrium AmFELS, Inc., is part of the company’s strategy to streamline operations, boost capital efficiency, and unlock value from surplus assets.