Repsol and US oil company SandRidge Energy have reached an agreement for Repsol to buy approximately 1,500 km2 (363,636 net acres) of the Mississippi Lime play, an area rich in gas and light oil. Repsol will invest $1 billion and will incorporate reserves and production from 2012. Repsol will partic
Guangdong Dapeng LNG import terminal received 5.93 million mt of LNG in January-November period, according to trade statistics. This accounted for 55.4 percent of China’s LNG imports in January-November period. The Guangdong Dapeng LNG terminal said in June that it has received more then 300 cargoes
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the construction of a Forage Carrier for Eidsvaag AS. The contract value is approximately NOK 200 million. The LNG powered vessel will be
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on December 30, according to the Port of Sines website. The LNG Edo liquefied natural gas carrier, with a capacity of 126,530 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico a
Hyundai Heavy Industries, the world’s biggest shipbuilder, announced that the Company set a new record for the most ‘World Class Products’ by gaining three additional certificates on December 21. This brings the number of ‘World Class Products’ to 34 products. Hyundai Heavy’s newly certified World C
Oregon Department of State Lands has granted the Port of Coos Bay the dredging permit for excavating an access channel and slip adjacent to the Coos Bay Navigation Channel. The permit authorizes removal of approximately 1.75 million cubic yards of material from dredging. The Port of Coos Bay plans t
Karron Gas today provided update on its global drilling program. Browse Exploration Drilling Campaign- Transocean Legend The “Transocean Legend” drilling rig is nearing completion of maintenance prior to the commencement of a firm drilling programme comprising five wells with an option for three add
Awilco LNG announced that the last remaining technical subject related to a charter of the WilPower LNG tanker had been lifted. The commencement of the contract started yesterday and the ship is committed until August 2012. Awilco LNG is a Norwegian based owner and operator of LNG vessels intended f
Santos today announced it has secured US$1.2 billion in Export Credit Agency (ECA) supported corporate senior debt facilities. The new ECA facilities provide Santos with additional liquidity with flexible drawdown dates during the construction period of the GLNG project. Santos Chief Financial Offic
GDF Suez announced that Benoît Mignard, currently Director of Acquisition Investment and Financial Advisory of GDF SUEZ will be appointed CFO of Global Gas and LNG business line as of January 3rd, 2012. He will pursue his mission as Director of AIFA until that time. Marc Williamson, currently Chief
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced that OGX Maranhão has been granted by the Environmental and Natural Resources Secretary of the State of Maranhão the Preliminary License for t
Williams Partners L.P. announced it has agreed to acquire the Laser Northeast Gathering System and other midstream businesses from Delphi Midstream Partners, LLC for approximately $750 million. Delphi Midstream Partners, LLC is owned by American Securities LLC and management. The Laser Gathering Sys
The subscription window for long-term storage held from 21 November until 16 December has shown particularly strong demand, Fluxys said today. With 400 million cubic metres of storage capacity on offer, overall demand from market participants totalled 600 million cubic metres. The available capacity
EV Energy Partners, L.P. today announced it, along with certain institutional partnerships managed by EnerVest, Ltd., has closed both previously announced Barnett Shale acquisitions from two unrelated companies. EVEP acquired an approximate 31.5 percent interest in the combined assets for an adjuste
