BP Shipping has teamed up with two existing partners on a $1bn plus LNG carrier financing project.

The oil major is working with KMarin and ICBC Leasing on the six vessels to serve the Freeport LNG facility in Texas and other global projects, according to a statement from the company.

The deal involves six 174,000-cbm vessels under construction at DSME, which the oil major's shipping arm contracted in 2014.