WestSide Corporation Ltd announced that Galilee Basin exploration well Glenlyon 2, within ATP 974P in north western Queensland, has spudded. Glenlyon 2, sited adjacent to Glenlyon 1 about 70km south of Richmond, spudded at 07:30 hours on 12 November 2011 and the rig is now drilling ahead. The target
Marubeni Corporation has acquired 21% shares of Merlin Petroleum Company (Merlin), more than 99% shares of Merlin had been held by JX Nippon Oil & Gas Exploration Corporation (JX) through its subsidiary. Merlin holds oil and gas interests in Papua New Guinea (PNG) including interests in the country’
Japan’s 10 regional utilities imported 20.1 percent more liquefied natural gas in October as reliance on thermal generation grows because of… (bloomberg) [mappress] Source: bloomberg, November 14, 2011
The proposed Browse LNG Development has reached a key milestone with the release for public review of the Draft Environmental Impact Statement (EIS) for the upstream component of the development. The Draft Upstream EIS concerns the construction, operation and de-commissioning of all the offshore asp
The partners in the Tamar natural gas license, led by Yitzhak Tshuva’s Delek Group Ltd. and Noble Energy Inc. are close signing a multibilli… (globes) [mappress] Source: globes, November 14, 2011; Image: noble energy
Billionaire Mukesh Ambani-led Reliance Industries’ cash reserves may rise to $ 25 billion (about Rs 1,25,000 crore) by March 2012, putting t… (economictimes) [mappress] Source: economictimes, November 14, 2011
State-run GAIL is contemplating a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) in Eastern India which could e… (business-standard) [mappress] Source: business-standard, November 14, 2011
KBR Inc expects natural gas projects to drive its backlog significantly higher in the next three years as the engineering company’s military… (reuters) [mappress] Source: reuters, November 14, 2011; Image: kbr
Trinidad and Tobago, the largest exporter of liquefied natural gas to the U.S., said exports to that country have fallen “sharply” because o… (reuters) [mappress] Source: reuters, November 14, 2011; Image: atlantic lng
On November 1, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries, Ltd. (Samsung) in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd., a wholly owned subsidiary of NYK; Mitsui & Co. Ltd.; and Teekay Corporation. The vessels have been cha
On 7 November 2011, Beach Energy Ltd announced 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. Beach has now secured its primary goal of majority control of Adelaide Energy and has since li
Pakistani officials said they may renegotiate a price agreement with Iran for the 750 million cubic feet per day (MMCFD) of natural gas the… (farsnews) [mappress] Source: farsnews, November 14, 2011; Image: nigc
Qatar is in negotiations to take a stake in an Arctic liquefied natural gas (LNG) project under development by number-two Russian gas produc… (reuters) [mappress] Source: reuters, November 14, 2011; Image: qatargas
The Fraiha LNG carrier, with a capacity of 210,152 cubic metres, is due to arrive in the UK’s Dragon terminal November 20, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 20 yea