CoreMarine and Jumbo Offshore won a contract from Southern Energy to transport, install, and connect soft-yoke moorings and FLNG vessels Hilli Episeyo and MKII in Argentina’s Golfo San Matías, boosting gas exports with consortium support.
Europe is experiencing renewed pressure on gas supplies due to disruptions in the Strait of Hormuz and the EU’s ongoing efforts to reduce dependence on Russian gas, exposing vulnerabilities in global LNG markets and driving up spot prices.
Floating liquefied natural gas (FLNG) is rapidly emerging as a cornerstone of Africa’s gas development strategy, as the continent prepares for a sharp rise in demand and seeks faster, more resilient pathways to market. According to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook, Africa’s natural gas demand is projected to increase by 60 per cent by 2050, underscoring the urgency of bringing new supply online efficiently and at scale.
