John Holland today announced it has been awarded a marine subcontract worth in excess of $100 million which forms part of the works for Australia Pacific LNG’s proposed Curtis Island LNG facility. Under the subcontract, to be delivered for Australia Pacific LNG’s EPC contractor Bechtel Australia Pty
The rapidly growing LNG industry in China is expected to draw on wide support from foreign companies in order to meet the demand for technologies and competencies needed to realise ambitious targets. This is one of the findings of a study exploring the opportunities and challenges for Norwegian comp
Brazil’s state-run oil company Petrobras is planning to increase its new oil and gas output capacity by 23 percent through the end of 2012… (reuters) [mappress] Source: reuters, November 17, 2011; Image: petrobras
Japanese utility Kyushu Electric Power Co said it expects to buy an additional 2.2 million kilolitres (13.8 million barrels) of crude oil eq… (reuters) [mappress] Source: reuters, November 17, 2011
Santos today completed its previously announced acquisition of Eastern Star Gas Limited. The transaction gives Santos the largest natural gas reserves position in NSW. Santos now operates and owns 80% of coal seam gas (CSG) permits formerly held by Eastern Star, taking its total NSW reserves positio
The International Energy Agency has estimated that Japan would need to spend $3 billion per month on additional oil and LNG in 2012 if the c… (platts) [mappress] Source: platts, November 17, 2011; Image: tepco
Australia Pacific LNG Pty Limited and The Kansai Electric Power Company today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years. Australia Pacific LNG Chairman and Origin Energy Managing Director, Mr Grant King said, “This bi
The NSW coal seam gas industry could make a major contribution to the state’s economy by producing 12 million tonnes per annum (mtpa) of liquefied natural gas, according to an ACIL Tasman study released today by the gas industry peak body. The final report: Economic significance of coal seam gas in
On November 16, Dalian LNG Terminal welcomed its first LNG carrier “Expedient” , indicating that the trial operation of Dalian LNG project is formally commenced. Located in Dalian, Liaoning province, the project covers an area of 216,000 square meters. As China’s only LNG terminal with loading capac
Petronet LNG Ltd. (PLNG), India’s biggest liquefied natural gas importer, has held talks to invest in U.S. terminals owned by Freeport LNG D… (bloomberg) [mappress] Source: bloomberg, November 17, 2011; Image: freeport lng
ExxonMobil Corp is actively assessing options to export liquefied natural gas from North America, where it is a top producer of the fuel… (reuters) [mappress] Source: reuters, November 17, 2011; Image: exxonmobil
Beach Energy Ltd announced on Monday, 7 November 2011, an unconditional, on-market, cash offer of 20 cents per share for all of the issued and outstanding ordinary shares of Adelaide Energy Limited it did not own. On Thursday, 10 November 2011, Beach gained majority control of Adelaide Energy and ha
The Gazprom headquarters hosted Wednesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund President and Chief Executive Officer of Statoil. The meeting participants discussed the current state and prospects for cooperation deepening within the S
UBS has raised its target prices, while reiterating its recommendations for Tamar and Leviathan partners, following the presentation by Nobl… (globes) [mappress] Source: globes, November 17, 2011; Image: noble energy
