Japan, the world’s largest LNG importer, is due to receive five LNG cargoes from Nigerian Bonny terminal in February, according to shipping data. Two cargoes are due to arrive at Japan’s Nagoya port on February 6 and February 13. The Tobata port is due to get a cargo on February 12, and an unidentif
Centrica plc, the parent company of British Gas, has reached an agreement with ConocoPhillips to acquire its non-operated interests in the gas and oil producing Statfjord field and associated satellites for a total cash consideration of $223 million (£142 million), including $103 million (£66 millio
Indonesia’s Pertamina said in a statement Friday that it has approved plans to spend $1.96 billion from 2012-14 on planned FLNG terminals and associated gas pipelines. The company plans to invest $1.15 billion to build a floating storage and regasification unit in Central Java and a pipeline linking
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2011. Financials Dana Gas reported gross revenue of AED 2.5 billion (2010: AED 1.8 billion), from the sale of hydrocarbons, and gross
A joint venture between Thiess and Belgian company BESIX SA (BEST JV) has won a $260 million contract to develop the breakwater and materials offloading facility (MOF) of the Chevron-operated Wheatstone Project, a LNG and domestic gas project in Western Australia. Thiess’ local capabilities, paired
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Trinidad and Tobago on February 5, according to the Port of Sines website. The LNG Jupiter liquefied natural gas carrier, with a capacity of 145,000 cubic metres, is sailing from Point Fortin terminal in Trinidad and Tobago . Th
GE Oil & Gas said that it has successfully completed tests on the first of three LNG compressor trains being supplied for the development of Gorgon, one of the world’s largest untapped natural gas fields, off the coast of Australia. GE is providing a wide range of LNG and subsea technology for Gorgo
ExxonMobil and TonenGeneral Sekiyu K.K have entered into an agreement which will result in the restructuring of ExxonMobil’s holdings in Japan. Under the terms of the agreement, TonenGeneral Sekiyu will purchase ExxonMobil’s shares in ExxonMobil Yugen Kaisha, integrating ExxonMobil Yugen Kaisha’s ma
Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic metres of gas. Production experience from the field has proven that it is possible to produce more gas from the reservoirs than previously assumed. The adjustment corresponds to an increas
Sovcomflot is extending the use of electronic navigational charts on its ships. The transition process is being supported by use of the electronic international database provided as part of the Transas Admiralty Data Service (TADS), offered by the Transas company. SCF originally started using electr
Chevron Corporation today reported earnings of $5.1 billion ($2.58 per share – diluted) for the fourth quarter 2011, compared with $5.3 billion ($2.64 per share – diluted) in the 2010 fourth quarter. Full-year 2011 earnings were $26.9 billion ($13.44 per share – diluted), up 41 percent from $19.0 bi
Japan’s Futtsu liquefied natural gas terminal is due to receive a cargo on February 2, according to shipping data. The cargo is being hauled by the 150,000 cbm Clean Force tanker. The Futtsu Thermal Power Station, one of the most representative power stations using LNG is operated by Tokyo Electric.
Russia’s Sakhalin Energy has agreed to send an additional liquefied natural gas cargo to South Korea’s Kogas by the end of March. The cargo will be shipped by March 31, Russia’s Energy Ministry said in a statement. The first Russian LNG plant on the Sakhalin Island consists of two process trains, ea
Dominion today reported earnings for the 12 months ended Dec. 31, 2011, of $1.41 billion ($2.45 per share), compared with reported earnings of $2.81 billion ($4.76 per share) for the same period in 2010. Operating earnings for the 12 months ended Dec. 31, 2011, amounted to $1.75 billion ($3.05 per s
