As Russia and China vie with each other to win the construction contract for the Iran-Pakistan gas pipeline project, Pakistan is expected to finalize an engineering and procurement deal with China, which may also provide financing in line with the growing energy cooperation between the two sides. Do
Awilco LNG ASA announced that WilGas has secured its first contract with a total duration of 30-90 days. Awilco LNG ASA also announced the following changes to the organisation with the recent employment of: • Snorre Schie Krogstad, Chief Financial Officer, previously CFO at Camillo Eitzen & Co ASA
This Monday (Aug 1) Petrobras CEO, José Sergio Gabrielli de Azevedo, announced in London the company’s Business Plan for 2011-2015 to an audience of around 70 people, including investors, analysts and entrepreneurs. The plan foresees investments of US$ 224.7 billion for the period. Also taking part
Severn Glocon has won a major contract to supply globe control and butterfly valves to the USD 2.8 billion Donggi-Senoro LNG plant project in Central Sulawesi, Indonesia. The order was placed through JGC Corporation and the valves will be produced at Severn Glocon’s bespoke facility in Chennai, Indi
Foster Wheeler AG today reported net income for the second quarter of 2011 of $63.3 million, or $0.52 per diluted share, compared with $58.9 million, or $0.46 per diluted share, in the second quarter of 2010. Net income in both quarterly periods was impacted by asbestos-related provisions. Excluding
Hamworthy plc a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced the appointment of Simon James Nicholls to the board as a non-executive director with effect from 1 September 2011. Mr Nicholls, aged 47, is currently Group Finance Director
Tokyo Gas Co., Ltd. announced today the signing of an agreement regarding the sale and purchase of liquefied natural gas (LNG) with Hokkaido Gas Co., Ltd. . Since the conclusion of a heads of agreement with Hokkaido Gas in December 2010, Tokyo Gas continued to discuss conditions and eventually resul
Metgasco announced that it has raised $15.3 Million under its Share Purchase Plan (SPP) which closed on Tuesday 26 July 2011. Funds raised through the SPP together with proceeds from the recent Placement will be used to progress the Company’s gas commercialisation plans, undertake a CSG drilling pro
A meeting took place between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and a delegation from Brunei Darussalam. The delegation was led by Lim Jock Seng, Second Minister of Foreign Affairs and Trade and Mohammad Yasmin Umar, Energy Minister at the Prime Minister’s Office
Israel can do without natural gas from Egypt, an energy analyst said after saboteurs attacked a pipeline for the fifth time this year… (upi) [mappress] Source: upi, August 1, 2011;
InterOil Corporation, welcomes Rt. Hon Sir Rabbie Namaliu, former Prime Minister and former Petroleum and Energy Minister of Papua New Guinea, to chair InterOil’s PNG Advisory Board. Sir Rabbie served as Prime Minister of PNG between 1988 and 1992. He was Speaker of the National Parliament between 1
The Angola LNG project installed in Soyo municipality in Zaire province may annually bring in US$180 million from the profitable sale of the… (macauhub) [mappress] Source: macauhub, August 1, 2011;
Open Grid Europe, Germany’s leading TSO, and Belgian TSO Fluxys will be offering a bundled cross-border capacity product from 14 September 2011. The product is to simplify significantly the process for market participants to buy firm day-ahead gas transmission capacity between the Zeebrugge Hub in B
Minister of National Infrastructures Uzi Landau yesterday decided to convert the Orot Rabin Power Station in Hadera to run on natural gas in… (globes) [mappress] Source: globes, August 1, 2011;
