Kohlberg Kravis Roberts & Co. L.P. announced that it has entered into a definitive agreement to acquire certain Barnett Shale and Arkoma Basin properties from WPX Energy for $306 million. The transaction, which is expected to close in the second quarter, is being made through KKR Natural Resources (
Eni of Italy said it has started production from the Marulk field in the Norwegian offshore located about 80 km from the coast. The Marulk field is the first field that Eni has directly operated in Norway and is part of the PL122 license held by Eni (20%) with Statoil (50%) and DONG (30%). Marulk [&
Energy Transfer Equity (ETE) today announced that its Trunkline LNG Company, Trunkline LNG Export, and Trunkline Gas Company subsidiaries have filed with the Federal Energy Regulatory Commission to build the previously announced natural gas liquefaction project under development in Lake Charles, La.
Global maritime and offshore oil & gas engineering company Harris Pye revealed that it has successfully used its innovative 360 degree 3D scanner to survey the engine room of Neva River (ex Celestine River), the LNG carrier of “K” Line LNG Shipping (UK) Ltd., pre-ballast water system CAD design, sel
Hamworthy Oil & Gas Systems has secured a contract to supply its innovative LNG regasification technology for the third Höegh LNG Floating Storage and Regasification Unit (FSRU) under construction at Hyundai Heavy Industries. Working together with Sinopacific Offshore and Engineering (SOE) Wärtsilä
LNG player BG Group of UK today announced the start-up of production from the Gaupe field located in the Norwegian North Sea. Gaupe marks BG Group’s first production from the Norwegian Continental Shelf. With estimated gross recoverable reserves of around 30 million barrels of oil equivalent (boe),
Engineering company Monadelphous Group said it has secured a new three-year maintenance services contract from Woodside on the Pluto LNG Project at Karratha in WA. The contract includes work associated with its onshore and offshore facilities and has the option for two one-year extensions. It follow
Russian gas giant Gazprom said it has completed drilling of five gas condensate production wells at the Nizhne-Kvakchikskoye field. Once the construction and connection of new wells is finished, the total number of wells will reach nine – that will create the conditions required to increase gas outp
Gasum Oy is planning the imports of liquefied natural gas (LNG). The company is exploring the feasibility of constructing a large import terminal in Southern Finland, either in Jöddböle, Ingå, or Tolkkinen, Porvoo. If completed, the terminal investment is anticipated to total several hundreds of mil
Damen Shipyards is the new operator of French shiprepair yard Sobrena. The yard will be renamed Damen Shiprepair Brest and will continue to serve the maritime and offshore industries with shiprepair and conversion services. The yard has three drydocks (up to 420 x 80 m) and will be available for rep
BAM Infraconsult bv, by its trade name Delta Marine Consultants, has signed a license agreement for the use of Xbloc on the new LNG Terminal in Dunkerque, France. The license agreement has been signed with a joint venture of Sodraco International SAS (subsidiary of Jan de Nul), Bouygues Travaux Publ
Australia Pacific LNG welcomes today’s announcement of the Joint Skills Initiative by the Australian Government and United States Embassy, linking Australian employers with skilled workers in the US to fill skill shortages in the resource industry. Australia Pacific LNG CEO, Page Maxson, said that w
Oil and Natural Gas Corporation Limited, India and ConocoPhillips, USA, two E&P majors have signed a Memorandum of Understanding (MoU) for cooperation in exploration and development of shale resources in India, North America and elsewhere besides deepwater opportunities in Eastern offshore India. At
ExxonMobil, ConocoPhillips, BP and TransCanada, through its participation in the Alaska Pipeline Project, announced that they are working together on the next generation of resource development in Alaska. The four companies have agreed on a work plan aimed at commercializing North Slope natural gas
