CAMAC Energy announces the spudding and progress of its ZJS-3 well in China. Drilling is expected to take between 40 and 60 days to reach the well’s target depth of between 4,500 and 5,500 feet. Currently the penetrating depth is 3,300 feet drilled towards the main target formations. Mud logs have a
The Kuwait Foreign Petroleum Exploration Company (Kufpec) expects D-Day in August for a final investment decision on its participation in a… (thenational) [mappress] Source: thenational, April 8, 2011;
The Gazprom headquarters hosted Thursday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dipu Moni, Foreign Minister of the People’s Republic of Bangladesh. The meeting participants considered the prospects for bilateral cooperation in the energy sector an
Today, Gérard Mestrallet, Chairman and CEO of GDF SUEZ, and Jean-François Cirelli, Vice Chairman and President of GDF SUEZ, inaugurated a new 435 MW combined-cycle gas power plant at Montoir-de-Bretagne (Loire-Atlantique). This SPEM power plant, the first facility of its kind located in western Fran
Australia’s skills shortage is looming as a brake on the nation’s ability to expand LNG supply, the peak industry body has warned… (theaustralian) [mappress] Source: theaustralian, April 8, 2011;
HE Qatar”s Prime Minister and Foreign Minister Sheikh Hamad Bin Jassim Bin Jabor Al Thani has officially inaugurated by remote the Golden P… (qnaol) [mappress] Source: qnaol, April 8, 2011;
Exoma Energy Limited announced that it has closed a placement of 37.5 million ordinary shares at 20 cents per share to raise $7.5 million with institutional and sophisticated investor clients of Shaw Stockbroking and Indian Ocean Capital. The placement follows the closing of a $50 million farm-in to
Gas began flowing to continental Europe last week from the Beta West structure in the Sleipner area of the North Sea, which was discovered by Statoil in 2009. “This was one of the largest discoveries we made that year, with a well drilled from the Sleipner B platform,” reports Edvin B Ytredal, vice
On April 7th as part of the International Conference held in Murmansk “Logistics in Arctic” Shtokman Development AG presented its logistics strategy for Phase One of Shtokman gas-condensate field development. The bottom line of the strategy is to prepare the most efficient, safe, and optimal schemes
OAO NOVATEK today reported preliminary production data for the first quarter 2011. Gross production for the first quarter totaled 13.43 billion cubic meters of natural gas and 1.03 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 3.45 billion cubic me
It has been confirmed that a Liquefied Natural Gas (LNG) leak occurred onboard a vessel docked at the South Hook terminal in Milford Haven… (milfordmercury) [mappress] Source: milfordmercury, April 7, 2011;
Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, continues to grow its presence in the marine market with a recent order for two C30 liquid natural gas (LNG) microturbines that will be installed on a Type C Tanker for inland shipping and
An employment contract with Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee was extended Wednesday for another 5 years by Alexey Miller, Chairman of the Gazprom Management Committee. In addition, Gazprom re-elected Alexander Medvedev as Director General of Gazprom export for
Riding on the wave of a resurgent global economy, Sea Asia 2011 is set to open next week (April 12, 2011) as the biggest in the series yet – with every indication that Asia’s shipping community is primed to grab the many opportunities now arising. Sea Asia 2011, which will open for three days [&hell