Oil and gas production reached 1.53 million BOE for the quarter, a 3% decline on the previous period. Production was impacted by some operational issues at Tui, BassGas and Casino, which were all successfully resolved by the end of the period. AWE’s share of sales revenue rose by 14% to $72 million.
Papua New Guinea’s government says it will pay money owed to villagers affected by PNG’s multi-billion US dollars Liquefied Natural Gas (LNG… (australianetworknews) [mappress] Source: australianetworknews, January 31, 2011;
Energy giant Chevron has assured investors that it has enough customers already signed up for its Wheatstone and Gorgon liquefied natural ga… (theaustralian) [mappress] Source: theaustralian, January 31, 2011;
Petrofac, the international oil & gas facilities service provider, announces that it has signed a Risk Service Contract (RSC) to lead the development of the Berantai field, – offshore Peninsular Malaysia, for Petroliam Nasional Berhad (PETRONAS), the Malaysian national oil company. Petrofac has a 50
Federal authorities say a natural gas leak has been stopped at a platform in the Gulf of Mexico off the southwestern Louisiana coast. The platform is about 93 miles offshore, south of Lake Charles, in about 173 feet of water. The Bureau of Ocean Energy Management, Regulation and Enforcement says it
AMEC,the international engineering and project management company, has been appointedby BG Group to provide engineering, procurement, construction, commissioning and project management for all of the BG Group facilities in the central North Sea, including Armada, North Everest and Lomond platforms.
Traditional European Gas Conference was hosted in Vienna on January 25-28. The agenda of the conference covered such issues as European gas supply security, new alternative gas sources and transportation opportunities, Russia’s role in European gas supply, and importance of Caspian region in the con
At a meeting of the Mineral Resources Committee the Director of Mineral Resources gave her report. 1). Progress with Offshore Drilling Programme: Since the last report was prepared for the meeting held on 14 December, The Ocean Guardian(photo) has completed drilling well 25/10-1 (known as Dawn/Jacin
Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 54B Joint Venture, announced that the Shell Philippines Exploration BV (‘SPEX’) farm-in to Nido and Kairiki’s interests in SC 54B was formally approved by the Philippine Department of Energy (‘DOE’) on 25 January 2011. Approval of the S
Statoil held a follow-up meeting with the Petroleum Safety Authority Norway (PSA) in which they reviewed the status after the C06 incident at Gullfaks. “We addressed two topics in the meeting, specifically those relating to well integrity and pressure build-up in the Shetland formation,” says head o
HULL University hopes to play a key role in supporting Britain’s first major offshore wind turbine manufacturing plant at Alexandra Dock in… [mappress] Source:Yorkshire Post, January 31, 2011
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 6, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic
On Friday, January 28, 2011, Publigas and the Caisse de dépôt et placement du Québec signed an agreement in principle that allows the Caisse to acquire a stake in Fluxys G, the parent company of Fluxys SA, through a capital increase of up to €150 million. This transaction is subject to approval by t
People in Kaeo in Northland are frustrated about being repeatedly flooded in recent years… (radionz) [mappress] Source: radionz, January 30, 2011;