Repsol YPF SA’s Canaport terminal in Canada may get one liquefied natural gas cargo from Trinidad and Tobago on January 18, according to port data. The cargo is being hauled by Ben Badis, a 177,000 m3 tanker. Canaport LNG began operations in June of 2009 and it is the first LNG terminal in Canada. I
Nexen Inc. announced that Marvin Romanow, President and Chief Executive Officer, is leaving the company effective immediately. Kevin Reinhart, Executive Vice President and Chief Financial Officer, has been appointed as interim President and Chief Executive Officer. Kevin will serve in this capacity
The seventh commercial cargo destined for the Netherlands’ Gate LNG terminal is expected to arrive on January 12, according to port data. The cargo is arriving from Trinidad and Tobago on board the LNG Jupiter, a 153,000 m3 tanker. Gate (Gas Access To Europe) terminal is located on the Maasvlakte in
Inpex announced today that Inpex Ichthys Pty Ltd and other project group companies have reached an agreement with Toho Gas Co., Ltd. to transfer its 0.42% of the Ichthys LNG project equity interest. Based on the agreement, the Ichthys LNG project equity interest will be as follows: INPEX 74.380% TOT
KOGAS, the world’s largest corporate buyer of LNG, said today in a filing with the stock exchange that it has sold gas equivalent to 4.177 million tonnes of LNG domestically in December. South Korea’s KOGAS sales in December rose 2.1 percent, compared to a year ago. KOGAS imports LNG from around the
Taiwan, Asia’s third biggest importer of liquefied natural gas, imported 733,934 mt of LNG in December, according to Taiwan’s Bureau of Foreign Trade data. LNG imports in December dropped 14,6 percent, compared with the year before. Taiwan has two LNG import terminals, Yung An and Taichung liquefied
FMC Technologies, Inc. announced that its Australian subsidiary has signed an agreement with Woodside Energy Ltd. for the design, manufacture and supply of subsea production systems to support the Greater Western Flank (GWF) Phase 1 Project. The contract has a value of approximately $150 million in
Inpex and Total today finalised the sale of the total volume of LNG from the Ichthys LNG Project with the signing of legally binding Sales and Purchase Agreements (SPA) with CPC Corporation, Taiwan (CPC), Chubu Electric Power, and Toho Gas. Under the SPAs, Ichthys LNG Pty Ltd, a company jointly owne
The Government of Bangladesh has initiated a programme to rapidly increase its country’s electricity production. Wärtsilä’s ability to supply efficient and flexible generating equipment on a fast-track basis has resulted in two important new contracts. Another key factor in Wärtsilä being awarded th
LNG Energy Ltd. announced that the Peshtene R-11 well in Bulgaria has been successfully drilled to its total depth of 3,190 meters under the farm-in agreement with TransAtlantic Worldwide Ltd., a wholly owned subsidiary of TransAtlantic Petroleum. The Peshtene R-11 well, located on the A-Lovech expl
Wärtsilä announced that, at both the Court Meeting and General Meeting of Hamworthy plc held earlier today in relation to Wärtsilä’s recommended acquisition of Hamworthy by way of Scheme of Arrangement, all the resolutions proposed received the strong support of Scheme Shareholders. At the Court Mee
The Tamar partners signed a gas supply contract with Dalia Power Energies to sell up to 1.38 bcm of natural gas annually over 17 years. Dalia Power Energies will begin receiving gas in the second half of 2014. The deal is worth about $5 billion. The Tamar gas field is located in the Mediterranean Se
Eni announced Havis oil and gas discovery in the Barents Sea, about 200 km off the Norwegian cost. The discovery, made with the Havis 1 NFW exploration well in a 365 meter area of water and at a depth of approximately 1,750 meters, revealed between 190 and 315 Mbbl of recoverable oil and between 4 [
Awilco LNG announced today that the WilEnergy charterer has declared their option to extend the original period under the Charter Party until February 2013. Estimated EBITDA contribution for the WilEnergy in 2012 is expected to be MUSD 21.5. The vessel will be dry-docked for a period of approximatel
