Key Takeaways NextDecade signed a 20-year LNG sales deal with EQT for 1.5 MTPA from Rio Grande Train 5.NEXT aims for Train 4 FID by Sept. 2025 and Train 5 FID by Q4 2025, pending financing.Commitments for 3.5 MTPA from Train 5 secured, with 1 MTPA more needed to reach FID.NextDecade Corporation (NEXT) has secured a new buyer for the purchase of liquefied natural gas (LNG) from the Rio Grande LNG Train 5. EQT Corporation (EQT) , a U.S.-based natural gas producing company, has signed a long-term sales and pur ...

Group 1 - NextDecade Corporation has finalized contracts with Bechtel Energy for the construction of Train 4 and Train 5 at its Rio Grande LNG project, with a combined value of approximately $9 billion [1][9] - The EPC contract for Train 4 is valued at about $4.77 billion, while Train 5's contract is approximately $4.32 billion, both including a pricing-validity clause through September 15, 2025 [2][9] - NextDecade intends to reach a final investment decision (FID) on Train 4 before the pricing-validity period expires, which is contingent on securing sufficient supply agreements [3][9] Group 2 - NextDecade is making progress in securing supply deals for Train 5, including a 20-year LNG supply agreement with JERA for approximately 2 million tons per annum [4] - The company currently holds a Zacks Rank 4 (Sell), indicating a less favorable outlook compared to other energy sector stocks [5]

BW Energy makes FID on Maromba field development in Brazil BW Energy is pleased to announce the final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO. The development targets 500 million barrels of oil in place in the highly delineated and tested Maastrichtian sands. First oil is planned by end-2027 with expected plateau production of 60,000 barrels of oil per day. Th ...

NextDecade Corporation (NEXT) recently inked a long-term liquefied natural gas (LNG) supply agreement with TotalEnergies Gas & Power North America, a subsidiary of TotalEnergies SE (TTE) . Per the terms of the agreement, TotalEnergies will purchase 1.5 million tons per annum (MTPA) of LNG for 20 years on a free-on-board basis at a price indexed to the Henry Hub’s benchmark price.Since TotalEnergies has been a major contributor to the success of Rio Grande LNG Phase 1, NEXT is pleased to expand its partnersh ...