Australian listed IT Services company Empired Limited said that it has secured a strategic contract with INPEX as part of its US$34 Billion Ichthys LNG Project. The $5 Million contract will see Empired supply, install, configure and manage the Coreworx project information and cost control system ove
South Korea imported 4.66 million tonnes of LNG in February, up 50% from the same month in 2011 when the country purchased 3.11 million tonnes of LNG, government data showed. The country’s LNG imports dropped 41% in January to 2.89 million tonnes of LNG, compared to the year before. South Korea’s KO
Japan’s Tokyo Electric Power (TEPCO), Tokyo Gas and Osaka Gas said that they have concluded a Heads of Agreement (HOA) with Brunei LNG Sendirian Berhad for the purchase of liquefied natural gas. “LNG procurement from the Brunei LNG Project through a consortium formed by the three companies has been
John Holland, in a 50:50 joint venture with Macmahon Holdings Ltd, has been awarded a $340 million site development civil works contract by the JKC Joint Venture (JGC Corporation, KBR, Chiyoda Corporation) for the onshore facilities of the Ichthys LNG Project near Darwin in the Northern Territory. T
Wood Group Kenny has been awarded an Enterprise Frame Agreement (EFA) by Shell Global Solutions International BV to provide subsea, umbilical, riser and flowline (SURF) engineering and construction management services to Shell worldwide, with primary focus on the Asia Pacific region, along with othe
Petronet’s Kochi LNG terminal in India is likely to be commissioned by Nov-Dec this year, Economic Times reported, citing the company’s CEO A K Balyan. “Completion of the Kochi LNG terminal is on track and satisfactory. We hope by November-December we should be looking at commissioning of the termin
Houston-based Cheniere Energy announced today the pricing of its previously announced offering of its common stock at a price per share of $15.10. The compnay said in a statement that the size of the offering has been upsized from 17,000,000 shares to 21,000,000 shares. Cheniere has also granted the
EIA estimates of annual dry natural gas production indicate that the United States surpassed Russia as the world’s leading producer of dry natural gas beginning in 2009 when Russian production dropped in conjunction with the economic downturn and reduced demand. Both countries produced more than 20
Fluor Corporation announced today that after more than a decade of service in leading Fluor’s finance functions, senior vice president and chief financial officer (CFO) D. Michael Steuert will retire at the end of May. Steuert will remain with Fluor through the end of the year in a consulting role.
Energy And Environment Foundation with the support of Ministry of Coal, Ministry of Power and Ministry of Earth Sciences, Government of India organized Second World PetroCoal Congress-2012 from 15th to 17th February, 2012 at Convention Centre-NDCC Parliament Street, New Delhi, India. Theme of the co
A true hybrid energy system is currently being developed for installation on board the offshore supply vessel Viking Lady. An impressive battery pack for energy storage will soon be installed. When the new system is complete, the operation of the engine will be more smooth and cost effective giving
Skangass AS and Preem AB have signed an agreement regarding the delivery of liquefied natural gas (LNG) to Preem’s refinery in Lysekil on the west coast of Sweden. The agreement involves building the largest LNG receiving terminal in Scandinavia next to the refinery, an investment estimated at 55 mi
Trinidad and Tobago’s Point Fortin LNG terminal shipped an liquefied natural gas cargo yesterday, according to shipping data. The cargo is being hauled by the Excalibur, a 138,034 cubic-meter tanker. The destination of the cargo is unknown at this moment. Point Fortin LNG plant is one of the world’s
E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our e
