Vopak and Enagas from Spain have reached agreement with current owners Shell (50%), Total (25%) and Mitsui & Co., LTD. (25%) to acquire 100% of the shares in the LNG import and re-gasification terminal in Altamira, Mexico. For this purpose, a joint venture has been established in which Vopak owns 60
Tap Oil Limited announced on 4 May 2011 that it had agreed to sell its 25% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Japan Australia LNG (MIMI) Pty Ltd for a cash consideration of US$30,154,000. In addition, MIMI were to pay Tap’s 20% share of the next exploration well in
Santos announced that gas production had commenced from the Halyard-1 well, located in the Greater East Spar development area offshore Western Australia. Halyard gas will be produced via the East Spar pipeline and processed through the Varanus Island gas plant, which also processes Santos’ gas from
KBR announced that it has been selected to execute engineering design services for three coal seam gas (CSG) pipelines designed to carry CSG from gasfields in central Queensland, Australia to an export facility on Curtis Island. The project will be executed for the McConnell Dowell/CCC joint venture
Cheniere Energy, Inc. announced the pricing of its previously announced offering of its common stock at a price per share of $10.35. The size of the offering has been upsized from 8,700,000 shares to 11,000,000 shares. The company has also granted the underwriter a 30-day option to purchase up to an
Hess Corporation declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 30, 2011 to holders of record at the close of business on June 16, 2011. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged
The Gazprom Board of Directors considered the issues of promoting the use of natural gas and liquefied petroleum gas (LPG) as a motor fuel in the public transport sector and in large Russian cities. The Management Committee was tasked to make the appropriate efforts in cooperation with the state aut
IBERDROLA has signed a contract with BP whereby the Spanish company will supply 0.5 bcm (billion cubic metres) of liquefied natural gas (LNG) in Spain starting 2012. The 10-year agreement, which envisages annual deliveries to BP amounting to six LNG cargoes at Spanish regasification terminals, enabl
Petronet LNG Limited and Gazprom Global LNG, through its Singapore affiliate, Gazprom Marketing and Trading Singapore, a 100% subsidiary of Gazprom Marketing & Trading, have concluded a memorandum of understanding for the long term supply of LNG. Under the terms of the agreement, Petronet will recei
Reference is made to the first quarter 2011 report released on May 31, 2011. Golar LNG will be trading ex-dividend of a total dividend of $0.25 per share on June 8, 2011. The record date is June 10, 2011, and the dividend will be paid on or about June 27, 2011. [mappress] Source: Golar […]
Xinjiang Guanghui Industry Investment (Group) Co. Ltd. (Xinjiang Guanghui), a gas and real estate conglomerate, has received approval from t… (interfax) [mappress] Source: interfax, June 1, 2011;
Fastwave Communications, a developer of remote asset data acquisition systems, has scooped two out of five awards at the inaugural Subsea Energy Australia Awards held on May 27, 2011. Fastwave’s OceanStar subsea sensor monitoring system won the Subsea Innovation Award and the Standard of Excellence
A bill designed to streamline sewer, roads and other projects cleared its final legislative hurdle Tuesday, even though opponents claimed it… (oregonlive) [mappress] Source: oregonlive, June 1, 2011;
Iran plans to invest $150 billion in its upstream oil and gas sector during the Fifth Five Year Development Plan, deputy minister of petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced. The investment in the upstream oil and gas sector will bring $179 billi
