Golar LNG Limited has issued 5,551,180 new shares all of which have been subscribed for by World Shipholding Ltd, the Company’s largest shareholder. The new shares represent settlement of the purchase price for World Shipholding Ltd’s 33,640,153 shares in Golar LNG Energy Limited which were acquired
Mitsui & Co., Ltd. announced that it has entered into a definitive agreement with subsidiaries of the U.S. oil and gas development company, Marathon Oil Corporation, to acquire a 9% working interest in 10 of Marathon’s Paleozoic shale gas exploration concessions in the Republic of Poland. Another pa
FLEX LNG announced that Ms. Kathleen Eisbrenner has decided to resign from the position as Director of FLEX LNG Ltd with immediate effect. The resignation is due to personal reasons. About FLEX LNG Ltd. FLEX LNG was incorporated in 2006 and is listed in Norway under the ticker code FLNG. The Company
LNG Energy Ltd. announced the hiring of three key people to further support the Company’s development projects in Poland and Papua New Guinea. Dr. Weldon Beauchamp has been appointed as the Company’s Vice President, Exploration. Weldon has over 30 years of experience in the oil and gas industry. He
Brisbane-based Wood Group Wagners has been awarded the Project Management Services Contract for the GLNG Pipeline Project in Queensland, a development that will process coal seam gas (CSG) into liquefied natural gas (LNG). Under the terms of this A$40million contract Wood Group Wagners will provide
Fluxys Finance, a subsidiary of Fluxys G, has successfully closed the private placement of a bond loan. A total of €300 million has been secured and the offer period was early terminated. The aim of the bond loan is to diversify the financing of Fluxys G’s investment projects. The bonds have a term
National Energy Board hearings on the Kitimat LNG project opened Tuesday morning at the Riverlodge Community Centre with the usual legal int… (nwcoastenergynews) [mappress] Source: nwcoastenergynews, June 9, 2011;
Re-exports of foreign sourced LNG from U.S. LNG terminals exceeded 12 billion cubic feet (Bcf) in January 2011, equivalent to about 30% of U.S. LNG import volumes during that month, and the highest volume since the start of re-export service in December 2009, according to the EIA. There are currentl
It was held, in the Salone delle Feste del Quirinale, the prize giving ceremony for the Eni Awards 2011 took place in the presence of President Giorgio Napolitano, the Chairman of Eni Giuseppe Recchi and the CEO of Eni Paolo Scaroni. The award was established in 2007 and over the years has become an
For the fourth year in a row, Offshore Energy Exhibition & Conference will experience extensive growth. The number of registered exhibitors for Offshore Energy 2011, to be held 11 & 12 October at the Amsterdam RAI, already succeeds expectations. Compared to 40 registered exhibitors in the same perio
The South Stream project has priority for Gazprom over an LNG plant on the Black Sea, but does not rule it out, the company’s CEO Alexei Mil… (itar-tass) [mappress] Source: itar-tass, June 8, 2011;
China became the world’s largest energy consumer in 2010 overtaking the USA during a year which saw the rebound in the global economy drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks. Demand for all forms of energy grew strongly in 2010 and increases i
The Jamaican Government has forked out more than $30 million for consultancy services for its Liquefied Natural Gas (LNG) Project… (rjrnewsonline) [mappress] Source: rjrnewsonline, June 8, 2011;
Total announced the signing of an agreement with Silex Gas Norway AS, a wholly owned subsidiary of Allianz, to sell its entire stake in Gassled (6.4%) and related entities for a price of NOK 4.64 billion (approximately US$ 870 million). The transaction is subject to approval by the relevant authorit
