Saudi Aramco, officially known as Saudi Arabian Oil Company, and NextDecade Corporation have taken a significant step towards enhancing their LNG (liquefied natural gas) capabilities by entering into a non-binding Heads of Agreement (HoA). This agreement paves the way for a 20-year LNG sale and purchase agreement (SPA) for offtake from Train 4 of the […]
NextDecade Corporation has announced a final investment decision (FID) to proceed with the construction of the first three liquefaction trains, referred to as Phase 1, of its Rio Grande LNG (RGLNG) export facility in Brownsville, Texas. The Rio Grande LNG facility will have a capacity of 27 million tonnes per annum (MTPA). The decision comes […]
French oil and gas company TotalEnergies has inked a framework agreement with American firm NextDecade, solidifying their joint commitment to the development of the Rio Grande LNG project (RGLNG project). The agreement outlines TotalEnergies’ acquisition of a 16.7% stake in the Texan LNG project’s first phase and a 17.5% interest in NextDecade, worth $219 million. […]