A joint venture between Thiess and EV LNG Australia (EVT) has won an approximately $500 million contract to build LNG storage and condensate tanks for the Chevron-operated Wheatstone Project, a LNG and domestic gas project in Western Australia. The EVT JV is responsible for the engineering, procurem
With North American LNG exports becoming a reality, as well as important developments in Latin America and the Caribbean’s new and existing LNG projects, The CWC Group will be hosting the twelfth annual World LNG Series: Americas Summit in San Antonio, Texas on 24-27 April 2012 to discuss these deve
The U.S. Energy Information Administration said in a report that it estimates that U.S. natural gas pipeline companies added about 2,400 miles of new pipe to the grid as part of over 25 projects in 2011. New pipeline projects entered service in parts of the U.S. natural gas grid that can be congeste
Yemen LNG said in a statement that the company and Total Gas and Power signed a deal to further increase the number of LNG diversions by 20 more cargoes to Korea over the years 2012, 2013 and 2014. Under this agreement, the LNG is sold to Kogas at current market price, Yemen LNG said. “The […
South Korea, the world’s second biggest buyer of LNG, is due to get a liquefied natural gas cargo from Equatorial Guinea next week, according to the Pyeongtaek Port Authority. The 155,000 cbm GasLog Savannah will reach the Pyeongtaek LNG terminal on February 20. The Pyeongtaek LNG terminal is South
Wärtsilä, the marine industry’s leading gas solutions provider, said it has been awarded a contract to deliver an integrated propulsion system for two additional LNG offshore support vessels (OSV) to Harvey Gulf International Marine. This order takes Harvey Gulf to a fleet of four LNG OSVs on order,
Encana Corporation said it has achieved its core 2011 financial and operating targets, generating cash flow of US$4.2 billion, and total production of 3.5 billion cubic feet equivalent per day (Bcfe/d), a 5 percent increase from 2010. Operating earnings were $398 million. In 2011, the company also s
Siemens has received the German Industry’s Innovation Award in the large companies category. The award was won by the Siemens H-Class gas turbine, which holds the world efficiency record at 60.75 percent in combined cycle duty. The award in recognition of the outstanding innovation was presented in
Encana Corporation has entered into an agreement with Mitsubishi Corporation that will see the Japanese global integrated business enterprise invest approximately C$2.9 billion for a 40 percent interest in the Cutbank Ridge Partnership. The Partnership holds about 409,000 net acres of Encana’s undev
The U.S. Energy Information Administration said in a weekly report that working gas in storage was at 2,761 Bcf as of last Friday. This represents a net decline of 127 Bcf from the previous week, the EIA said. Stocks were 817 Bcf higher than last year at this time and 765 Bcf above the 5-year [&hell
LogiCamms said that it has been awarded a contract with Chevron Australia to provide maintenance engineering services on the Chevron-operated Gorgon Project. The contract has an estimated value of approximately $8m. The contract commences immediately, with a term of four years. Steve Banning, LogiCa
Major oil and gas companies have formed a dedicated cluster group to collaborate on identifying common technology challenges and potential solutions pertinent to the industry in Australia. Established by global technology facilitator, ITF, nine operators and international service companies including
FLEX LNG said that the Board of Directors of the company has resolved to issue 280,761 new shares to the members of the Board of Directors post the 2011 ASM to 31 December 2011, as part of their remuneration for that period. The shares will be issued and registered as soon as possible, FLEX LNG [&he
India’s Reliance Industries and BP of UK are in negotiations to buy a stake in an existing operator of a LNG import terminal, The Economic Times reported, citing unnamed sources. RIL and BP, through its 50:50 joint venture, India Gas Solutions, had preliminary discussions with an LNG terminal operat
