The Board of Directors of Sembcorp Marine announced the following changes with effect from 20 April 2011: Retirement of Mr Tan Pheng Hock as a Director, Chairman of Nominating Committee and a member of Executive Resource and Compensation Committee Mr Tan Pheng Hock, appointed Director of Sembcorp Ma
Encana Corporation delivered solid cash flow and grew natural gas production by 4 percent per share in the first quarter of 2011. Cash flow was US$955 million, or $1.29 per share – down 17 percent largely due to lower natural gas prices compared to the first quarter of 2010. As a result of commodity
Two years after receiving its first imports of liquefied natural gas (LNG), Dubai may seek to develop export capacity so it can become a tra… (thenational) [mappress] Source: thenational, April 20, 2011;
The Government of Jamaica hopes to start construction of the Liquefied Natural Gas (LNG) storage facility in early 2012. However, with the c… (jamaicaobserver) [mappress] Source: jamaicaobserver, April 20, 2011;
IFS, the global enterprise applications company, launches its Center of Excellence for the Oil & Gas industry. The Center will be based in Norway. Founded on IFS’s successful track record delivering project-based industry solutions to mid-size and large companies within the oil & gas industry, the c
The Gazprom headquarters hosted Tuesday a working meeting between Alexey Miller (image), Chairman of the Company’s Management Committee and Jean-Francois Cirelli, Vice Chairman and President of GDF SUEZ. The parties discussed the current situation in the gas markets and noted that the long-term part
Santos has downgraded its full year production guidance, blaming wild tropical weather for a drop in first quarter production and sales… (perthnow) [mappress] Source: perthnow, April 20, 2011;
Dart Energy Limited has successfully completed the institutional component of its underwritten 5 for 22 accelerated non-renounceable pro-rat… The Institutional Entitlement Offer was strongly subscribed, with approximately 98% of eligible institutions taking up their entitlements and with many seekin
Golar LNG Limited announces in furtherance of its recent press release regarding new buildings, that it has acquired further firm contracts to build two additional 160,000 m3 LNG carriers with the Korean shipbuilder Samsung Heavy Industries Co Ltd. The newbuilding contracts were originally entered i
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. 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. The well is being drilled in
Hamworthy has signed a contract to install liquefied natural gas storage tanks and fuel systems on board four gas-powered ferries to be constructed at the Remontowa Shipyard in Gdansk, Poland for delivery in the second half of 2012. The ships, which will be delivered to ship owner Torghatten Nord AS
El Paso Pipeline Partners, L.P. announced that the Board of Directors of its general partner has declared a $0.46 per unit quarterly cash distribution for the first quarter of 2011, or $1.84 per unit on an annualized basis. This distribution represents a 21 percent increase from the $0.38 per unit p
Meridian SeamGas operator WestSide Corporation Limited announced a 30 per cent increase in total Proved, Probable and Possible (3P) reserves attributable to the joint venture when the Company assumed operatorship on 1 July last year. Independent certifiers Netherland, Sewell & Associates Inc. (NSAI)
Another LNG cargo has been scheduled for delivery to Zeebrugge this month, and two more have been scheduled for May… (argusmedia) [mappress] Source: argusmedia, April 19, 2011;
