From the summer of 2011, most transport from the Skangass LNG plant (image) in the municipality of Sola in Norway will be done by ship. Nordic LNG AS has entered into an agreement with the Dutch shipping company Anthony Veder for the transport of LNG by ship. “We now have secured both a short-term [
The company Alltech intends to pick partners in its Pechora LNG project in the course of 2011… (barentsobserver) [mappress] Source: barentsobserver, February 23, 2011;
The A.P. Moller – Maersk Group today presents a profit of USD 5 billion. “Our people have done a truly great job,” says Group CEO Nils S. Andersen. In 2011, the Group will focus on expanding business and maintaining high profitability. Thanks to increased competitiveness and a rebound in the global
The diversification of LNG concepts will be explored in depth at the 25th Gastech Conference & Exhibition in Amsterdam, next month. Gastech 2011 will spotlight innovations in LNG production and delivery, reflecting momentous changes the industry has experienced in its evolution over recent years, an
Centrica plc, the parent company of British Gas, today announced it has entered into an agreement for a unique three year contract with Qatargas to deliver 2.4 million tonnes per annum of liquefied natural gas (LNG) to the UK Isle of Grain facility. The deal will provide enough gas to meet approxima
After the authorties in Mecklenburg-Western Pomerania have given the approval for the NEL pipeline (Nordeuropäische Erdgaspipeline), today the Lower Saxony Office of Mining, Energy and Geology (LBEG) also approved the construction of the pipeline in Lower Saxony. The approval is valid for a distance
Indonesia may import 4.5 million metric tons of liquefied natural gas per year starting 2013 if the construction of three floating storage f… (zawya) [mappress] Source: zawya, February 23, 2011;
Professional services company WorleyParsons Limited today announced a net profit after tax for the six months to 31 December 2010 of $128.6 million, in line with guidance, and a decrease of 6.8% on the $138.0 million net profit reported for the previous corresponding period. For the six months to 31
Engineering and construction company Clough Limited today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth AU$209m associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an integrated development that includes gas production and proc
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
Chesapeake Energy Corporation announced financial and operational results for the 2010 fourth quarter and full year. For the 2010 fourth quarter, Chesapeake reported net income to common stockholders of $180 million ($0.28 per fully diluted common share) and operating cash flow (defined as cash flow
UPS, the world’s largest package delivery company, has contracted with Clean Energy Fuels Corp. to fuel its new fleet of 48 liquefied natural gas (LNG) package transportation trucks at a new truck fueling station near UPS facilities in Las Vegas, Nevada. The agreement has a seven-year initial term w
Fluor Corporation announced that its Fluor Offshore Solutions unit was awarded a front-end engineering and design (FEED) contract by Woodside for the Browse Liquefied Natural Gas (LNG) Development. The Browse fields are located in the Browse Basin about 425 kilometres north of Broome off the western
KBR announced that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable April 15, 2011, to shareholders of record at the close of business on March 15, 2011. KBR is a global engineering, construction and services company