Mitsubishi Heavy Industries, Ltd. (MHI) has developed Japan’s first system for supplying high-pressure gas that will enable use of natural gas as fuel for marine engines. The company agreed with Mitsui Engineering & Shipbuilding Co., Ltd. (MES) for delivery of the first unit. The use of liquefied na
The Al Sheehaniya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 13, according to the Milford Haven Port Authority website. The LNG tanker is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a
WellDog said that QGC Pty Limited, developer of the Queensland Curtis LNG Project, has awarded the company a contract for provision of downhole gauge systems, and services related to installation of the systems. The contract has a term of three years with extension options thereafter and a baseline
Wood Group of UK reported its full year results for the year ended 31 December 2011. Financial Highlights – Total revenue of $6,052.3m (2010: $5,063.1) up 19.5% – Total EBITA1 of $398.7m (2010: $344.8m) up 15.6% – Revenue from continuing operations of $5,666.8m (2010: $4,085.1m) up 38.7% – EBITA fro
Qatargas supports the 3rd International Gas Processing Symposium, with an opening keynote address. The Symposium being held in Doha between 5th – 7th March, is organised through the Gas Processing Centre Technical Advisory Committee and is an opportunity for gas industry experts to help provide dire
KONE recently delivered one custom-made elevator for the North Rankin Redevelopment Project. Based on the KONE MonoSpace® machine-room-less elevator, the solution KONE developed and delivered is designed to provide safe and efficient transportation of people and goods onboard the North Rankin B (NRB
Peru LNG shipped a cargo of liquefied natural gas to Thailand on March 4, according to PeruPetro S.A. The cargo is being hauled by the Maersk Methane, a 165,500 cubic-meter tanker. The Peru LNG Project includes two parts: an LNG Plant with a Marine Terminal from which LNG is sent overseas, and a pip
SHELL is continuing its successful relationship with AGR’S Riserless Mud Recovery system (RMR™) with a new USD4.7m deal. The contract is for multiple development wells on Shell’s Prelude Floating LNG development off Australia’s north-west coast. Bernt Eikemo, General Manager Asia Pacific at AGR, sai
Oil Search said that it has signed a Sales and Purchase Agreement to sell its 40% interest in Block 3 (Gardan) in Yemen to Total of France, for US$44 million. As a part of this transaction, Total will assume Operatorship of Block 3. Commenting on the transaction, Peter Botten, Oil Search’s Managing
Japan’s Futtsu liquefied natural gas terminal is due to receive a cargo of LNG from Peru on March 11, according to port data. The cargo is being carried by the 173.400 cbm Sevilla Knutsen tanker, owned by Knutsen OAS Shipping. The LNG tanker departed from the Peru LNG plant on February 19. The Futts
ONGC of India said in a filing to the stock exchange that the Life Insurance Corporation of India (LIC) has bought 377.10 million shares, or 4.41 percent of the company. LIC has increased its stake in ONGC to 9.475 percent from 5.1 percent earlier. The government, which offered a 5 percent stake in
Director General of Gazprom Export Alexander Medvedev met last week in Athens with the Greek Minister for the Environment, Energy and Climate Change Giorgos Papakonstantinou and the Executive Director Kharis Sakhinis of DEPA, the state-owned company which is managing the shipment of Russian natural
Dart Energy International said it has entered into a Letter of Intent (LOI) with Henan CBM (HCBM) and Hong Kong Prosperous Clean Energy Company (HPEC). The LOI relates to the establishment of potential new foreign cooperation Production Sharing Contracts (PSCs) – up to four for coal bed methane at v
Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere. According to Drewry’s latest LPG Forecaster, stagnant demand in Western economies has been balanced by strong domest
