Petrobras CEO, José Sergio Gabrielli de Azevedo, spoke on Tuesday about the global energy scene during the 2011 Conference of the ARPEL – Regional Association of Oil, Gas, and Biofuels Sector Companies in Latin America and the Caribbean -, held in Punta del Este, Uruguay. During his address, Gabriel
President of Ukraine, Viktor Yanukovych (image), has called on Singaporean businessmen to participate in the implementation of national proj… (ukrainianjournal) [mappress] Source: ukrainianjournal, March 30, 2011;
Zetron, a leading provider of mission-critical communications systems, announced its shipment to Kentz Pty Ltd of a 25-position Advanced Communication (Acom) dispatch system for use at the Chevron-operated Gorgon Project. The state-of-the-art, IP-based Acom system will provide dispatch communication
Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly es
Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has signed a long-term alliance contract with Teekay Marine Services, Canada, to provide ship-repair, refurbishment, upgrading and related marine services for its fleet of 137 ships. Teekay Marine Services is a subsidiary of Teekay Cor
The Gazprom headquarters hosted Tuesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil. The parties discussed the situation in the European energy market and shared an opinion that sustained gas
UK-based Gazprom Global LNG (GGLNG), a wholly-owned subsidiary of Gazprom Marketing & Trading (GM&T), said it has appointed Nigel Kuzemko as… [mappress] Source: energyasia, March 30, 2011;
The Methane Princess LNG carrier, with a capacity of 138,000 cubic metres, is due to arrive in the UK’s Dragon terminal April 6, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next
Petronas today announced a change of name of its subsidiary, Asean LNG Trading Co Ltd (ALTCO), to Petronas LNG Ltd as of Feb 23, 2011… (btimes) [mappress] Source: btimes, March 30, 2011;
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. Th
In the Federal Court yesterday morning, Beach Energy Limited secured the binding commitment it had previously asked Icon Energy Ltd to give, in a letter from Beach’s lawyers to Icon of 11 March 2011, and which Icon initially declined to give in its letter of response of 17 March 2011, that Icon not
Metgasco is pleased to provide an update on the current coal seam gas (CSG) multi-lateral drilling program. Over the past month, Metgasco has installed the surface equipment and telemetry on Corella P18 and completed the surface pumphook up. Water production from this well has now been underway for
GDF SUEZ signed a five-year €4.5 billion multi-currency credit line with a syndicate of 24 banks. The 5 year facility, which includes two one-year extension options, will be used for early refinancing of the Group’s undrawn credit lines expiring in 2012. The attractive conditions of the new credit l
The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi (image) announced here. He said that about $60 billion will be allocated to the upst
