The Penspen Group has been commissioned by Qatargas, a pioneering liquefied natural gas (LNG) producer, to develop the Detailed Design for a new Flexible Grouted Clamp and to produce a set of Flexible Grouted Clamps to enable the quick and effective repair of their large diameter subsea pipelines in
The UK has reduced its forecast for its continental shelf gas production in 2011-15, cutting 1.2bn m³ from this year’s outlook compared with… (argusmedia) [mappress] Source: argusmedia, March 9, 2011;
At the presentation of E.ON’s 2010 results, E.ON CEO Johannes Teyssen announced that the company has already reached several milestones in implementing its new strategy. By selling its Gazprom stake, gas network in Italy, and power network in United Kingdom and by concluding other transactions, E.ON
Safety and health is a core element of RasGas business philosophy. RasGas considers the development of safety and health awareness amongst young people as a necessary life skill. Working with the British Safety Council and senior students from Al Khor International School (AKIS), RasGas has develop
Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
El Paso Pipeline Partners, L.P. announced that it plans to sell 12,000,000 common units in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The partnership plans to grant the underwri
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 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 b
Ensco plc announced that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration statement and
GE is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares on the Official List had been cancelled and Wellstream’s shares ceased to be admitted to t
National Grid LNG Storage has announced it is to withdraw the remaining stocks of liquefied natural gas from its LNG storage facility at Partington near Manchester. The volume of gas remaining at Partington represents only about one per cent of current GB storage stocks. National Grid’s LNG storage
EOG Resources, Inc. announced that it has completed its previously announced public offering of 13,570,000 shares of common stock, including 1,770,000 shares issued upon full exercise of the underwriters’ over-allotment option, at a public offering price of $105.50 per share. EOG’s net proceeds from
By launching all the South Pars gas field phases, Iran’s yearly revenue from the field will rise to $110 billion, Iran’s Petroleum Minister, Dr. Mirkazemi announced here. It’s worth mentioning that, every phase of the South Pars will produce 25 million cubic meters of natural gas and some 40 thousan
Talisman Energy Inc. has announced it is deepening its strategic relationship with Sasol Limited (Sasol) in the Montney shale play, to include the sale of a 50% net working interest in its Cypress A assets, for a total consideration of C$1,050 million. Talisman will operate and manage the Cypress A
Federal Germany’s Ministry of Economics and Technology State Secretary Bernd Pfaffenbach said that Germany was in the final stages of import… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, March 8, 2011;
