The Board of Directors of Hess Corporation declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March 31, 2011 to holders of record at the close of business on March 14, 2011. Hess Corporation, with headquarters in New York, is a global integr
OAO NOVATEK announced the selection of TOTAL S.A. as the Company’s strategic partner for the development of the Yamal LNG Project. NOVATEK and TOTAL have signed a Memorandum of Cooperation which provides for TOTAL to acquire a 20% participation interest in the Project. The Memorandum stipulates that
Transocean Ltd. announced that the Board of Directors is recommending that the company’s shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has pre
Noyabrsk hosted a meeting between Gazprom and the Yamal-Nenets Autonomous Okrug (YaNAO) Government moderated by Alexey Miller, Chairman of the Company’s Management Committee and Dmitry Kobylkin, Governor of the YaNAO. The meeting considered the crucial issues of interaction between the parties. The
OAO NOVATEK today has announced that the Company’s Board of Directors has determined the date for NOVATEK’s Annual General Meeting of Shareholders. The Company’s AGM will take place on 28 April 2011. Shareholders of record at the close of business on the 22 March 2011 will be entitled to participate
NYK concluded a time-charter contract for a new LNG carrier with LNG Marine Transport Ltd. on February 28. NYK also concluded a contract with Mitsubishi Heavy Industries, Ltd. for the construction of the LNG carrier. The LNG carrier, which will be chartered for this contract, will be completed in 20
Strategic Marine has won a contract to supply a 27-metre work barge to service the energy and resources sector in Western Australia’s north-west. The vessel, being built for Karratha business Offshore Plant Hire, will be based in the Port of Dampier and be chartered to marine operations company Bhag
I.M. Skaugen SE is contemplating a new senior unsecured bond issue with final maturity in March 2013. The contemplated minimum borrowing amount is the equivalent of USD 60 million, however not more than USD 70 million. An approximately equal amount of debt in IMSK08 with maturity in July 2011 and IM
Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Austin Oniwon, has said that the country’s new target for LNG expor… (allafrica) [mappress] Source: allafrica, March 2, 2011;
Chesapeake Midstream Partners, L.P. announced financial results for the 2010 fourth quarter. The results include the Partnership’s acquisition of the Springridge gathering system from Chesapeake Energy Corporation, which closed on December 21, 2010. In addition, the Partnership reaffirmed its 2011 o
The Gazprom headquarters hosted a working meeting between Alexander Ananenkov (image), Deputy Chairman of the Company’s Management Committee and Klaus Rud Sejling, Vice President of A. P. Moller-Maersk Group. The parties addressed the opportunities for cooperation deepening to ensure year-round well
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, is to provide inspection services to Shell at two UK onshore gas processing plants. The three-year contract will involve Cosalt Offshore carrying out inspection and test activities on the sites at St Fer
Aker Solutions has reached a key milestone in being selected as one of two remaining players for the delivery competition of the Browse LNG development. The FEED will commence immediately and the EPCI tender will be submitted mid-2011 with expected contract award end 2011. Per Harald Kongelf, execut
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