PETRONAS of Malaysia announced that its Board of Directors has approved the appointment of Datuk Mohd Anuar Taib as Vice President & Chief Executive development and production. In this position, he will head the upstream development and production division of PETRONAS in Malaysia as well as in 23 co
Portugal’s Port of Sines is scheduled to receive a shipment of LNG on June 13, according to the port data. The cargo is being hauled by the Seri Angkasa LNG tanker, with a capacity of 145,000 cubic metres, operated by MISC. The terminal is held by REN Atlântico and has a nominal send out capacity [&
Blue Energy Limited provides the following operational update. Sapphire 4 Completion The Sapphire 4 Pilot Production Test well, (drilled late 2011), is now being completed for extended production testing. The well has been perforated in the Fort Cooper Coal Measures and down hole pumping equipment a
Karoon Gas Australia announced that today, ConocoPhillips was completing pressure testing and pre-deployment checks of the BOPs on surface. Since the last report, the BOPs and marine riser were run to the sea floor, and after failing to function satisfactorily they were pulled from the hole. Trouble
Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas next week, according to Kaohsiung Port Authority. The 137,100 cbm Puteri Mutara Satu will reach Yung-An terminal on June 12. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving terminal, and it is ope
Stolt-Nielsen Limited announced that Avance Gas, a company owned equally by Sungas Holdings and Stolt-Nielsen Gas, has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas Limited’s fleet by the end of August 2012,
Centrica, the parent company of British Gas, and Statoil signed an extension to their Memorandum of Understanding (MoU) to collaborate on gas-focussed exploration opportunities in Norway and the UK. The original MoU, which was signed in November 2011, has already resulted in the companies bidding jo
Statoil of Norway said it has this week signed an agreement to deliver LNG to Petronas at their LNG import terminal in Malaka. “We have had a very good cooperation with Petronas for many years and are very excited to land our first Asian LNG supply agreement with them,” says Eldar Sætre, executive v
PERTAMINA of Indonesia and the Algerian National Oil Company SONATRACH have signed a Memorandum of Understanding during the 25th World Gas Conference at Kuala Lumpur in the presence of Mr. Youcef YOUSFI, the Minister for Energy and Mining and Mr. Abdelhamid ZERGUINE, the President Director General o
SCF Sovcomflot of Russia said that its net profit in the first quarter rose 36.3% on year to USD 45.4 million. Q1 2012 Highlights: • Gross revenue up 14.4% to USD 394.9 million (Q1 2011: USD 345.1 million). • Grand Aniva gas carrier completes the 500th delivery of LNG for Sakhalin-2 project, via the
Australia Pacific LNG today announced that the Export-Import Bank of China (China EXIM) has signed final definitive project finance documentation as part of the previously announced US$8.5 billion project finance facility. The project finance facility provides funding for the downstream parts of the
CBM Asia Development Corp. announces that it has completed the final tranche of its non-brokered private placement totalling 12,876,208 units at a price of $0.18 per Unit for gross proceeds of $2,317,717. In total, the Company issued 88,972,222 Units representing gross proceeds of $16,015,000 for a
Trinidad and Tobago shipped an LNG cargo from the Point Fortin terminal yesterday, according to shipping data. The cargo is being carried by the Sestao Knutsen, a 138,000 cubic-meter tanker and the destination of the cargo is unknown at this moment. Point Fortin LNG terminal produced 14,664,884 mt o
Shell and its affiliates have signed a memorandum of understanding with TravelCenters of America (TA) to sell liquefied natural gas (LNG) to heavy-duty road transport customers in the US through TA’s existing nationwide network of full-service fueling centers. Pending final agreements, the proposed
