Wärtsilä has been awarded a five-year technical management contract, based on Dynamic Maintenance Planning, covering six LNG carriers. The contract has been placed by the operator of the vessels, Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipp
On 30 June 2011, Shtokman Development AG (SDAG) held regular meeting of a special group of experts in Murmansk regarding overall complex of environmental issues pertaining to Phase 1 of integrated development of Shtokman Gas/Condensate Field. The meeting was attended by specialists of companies and
Exoma Energy Limited released the Drilling Report for the Wonganella- 1 core well. The well is being drilled by Exoma as Joint Venture Operator of ATP 991P, ATP 996P, ATP 999P, ATP 1005P and ATP 1008P (Exoma 50%, CNOOC Galilee Gas Company 50%). This is the second well of a 12 well exploration progra
Royal Boskalis Westminster N.V. (Boskalis) has reached an agreement with The Rezayat Group of Saudi Arabia (Rezayat) to sell SMIT’s terminal and AHTS transport activities to Lamnalco Ltd (Lamnalco). Boskalis and Rezayat each own a 50% stake in Lamnalco. Lamnalco will pay approximately USD 450 millio
MEO Australia Limited announced that Petrofac Energy Developments has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects. The option, which expired on 30th June 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw from the N
Beach Energy Ltd announced that with the support of the Commonwealth Bank of Australia it has today replaced its $35 million working capital facility with a $150 million revolving corporate credit facility. Whilst Beach does not expect to use this facility in the immediate future, it firms up the st
INPEX CORPORATION announced today that its affiliate INPEX BROWSE, LTD. (the Company), which has been acting as Operator of the Ichthys Project, has decided to undertake a legal restructure that requires the transfer of the Company’s assets to newly created Australian companies. This will be effecti
IRSHAD, a joint venture between ADNOC and Lamnalco, have taken delivery of their latest high-performance terminal support/escort tug from Astilleros Balenciaga SA, of Zumaia, Spain. The Alaryam is the latest delivery of the widely acclaimed RAstar Class true escort tug designs from Robert Allan Ltd.
Thursday the extraordinary General Shareholders Meeting of Gazprom was followed by a meeting of the Company’s newly elected Board of Directors. The meeting resolved to elect Viktor Zubkov, First Deputy Prime Minister of the Russian Federation as Chairman of the Gazprom Board of Directors. Alexey Mil
A special committee has been given three weeks to come up with final recommendations on the future of the Liquefied Natural Gas (LNG) Projec… (rjrnewsonline) [mappress] Source: rjrnewsonline, July 1, 2011;
Air Products, the leader in providing liquefied natural gas (LNG) technology and equipment to the world, today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world’s first Floating LNG (FLNG) facility to be located in the Browse Basin off the
On 29 June, Offshore Energy’s Committee of Recommendation convened in Rotterdam for a diner pensant. The members, among others CEO’s and managing directors of Dockwise, Chevron, Van Oord, Mercon and Tullow Overseas Holding, discussed the ambitions, market position, program and organization of Offsho
Six Months after removing the liquefied natural gas (LNG) project from the portfolio of then Energy Minister James Robertson, Prime Minister… (jamaica-gleaner) [mappress] Source: jamaica-gleaner, June 30, 2011;
In the presence of the Biminister of Mining and Energy and the Chairman of the Board of ENAP, Laurence Golborne Riveros, national, regional and local authorities, and executives of ENAP and of various industrial and energy-sector companies, the liquefied natural gas regasification plant, the termina