CB&I will host a conference call February 22, 2011 at 4:00 p.m. CST (5:00 p.m. EST) following the release of its fourth quarter and full-year 2010 financial results. The webcast will be available at www.CBI.comInvestor Relations. About CB&I CB&I designs, engineers and constructs some of the world’s
The Board of Directors of Pöyry PLC has approved a new share-based incentive plan for the Pöyry Group key personnel. The plan includes earning periods which commence at the beginning of years 2011, 2012 and 2013. The first earning period is calendar years 2011-2013. The Board of Directors will annua
According to RNCOS new research report “Global LNG Market Analysis”, the global Liquefied Natural Gas (LNG) market has been growing at a fast pace for the past few years on the back of factors, such as government support, environmental concerns, and arrival of new technologies. In 2009, the total pr
The well is drilling ahead at a depth of 3,364 metres with continuous background gas and connection gas up to 20% by volume. Following the gas kick at 3,332 metres, the mud weight was increased to 1.35 s.g (specific gravity) and drilling resumed. A further gas kick occurred and mud weight was again
On February 1st, Yemen LNG signed a construction contract with Tanmia Oil and Construction Limited for the construction of a new LPG storage in Mareb. The new storage will be operated by Yemen Gas Company (YGC) and Safer. It is located nearby the new CPU2 cryogenic unit being built by Yemen LNG on b
The Aamira LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 14, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic me
LNG Energy Ltd. is pleased to announce that its wholly owned subsidiary, Kaynes Capital S.a.r.l. has entered into an agreement to acquire a 50% interest in Joyce Podlasie LLC and a 50% interest in Maryani Podlasie LLC from Source Energy Partners LP for US$4 million. Joyce indirectly holds an undivid
Pacific Northern Gas Ltd. announced today that it has agreed to sell its 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTP) for $50 million. The transaction has two parts, with the first payment consisting of $30 million that PNG will receive on closing and a second payment
Islamic Republic of Iran has the second largest gas reserves in the world, so rising gas export is one of our policies, Iranian minister of petroleum, Dr. Mirkazemi announced here on Sunday. Addressing the inauguration ceremony of the largest Middle East gas compressor station in Saveh City, he said
Liquefied natural gas vessel ‘Excellence’, the 15th LNG cargo imported by Gujarat State Petroleum Corporation Limited (GSPCL) since June 200… (newkerala) [mappress] Source: newkerala, February 7, 2011;
Anadarko Petroleum Corporation today announced the latest in a string of major deepwater natural gas discoveries off the coast of Mozambique. The Tubarão discovery well encountered more than 110 net feet (34 meters) of natural gas pay and no water in a high-quality Eocene-age reservoir that is separ
Eastern Star Gas Limited today announced two major initiatives: – First, AMEC, in association with Zetkin, MWH and Unidel, has been appointed by ESG, as Operator of the Narrabri Coal Seam Gas Joint Venture (ESG 65% with Santos 35%), to do a Feasibility Study and review options for the development of
Oman LNG honoured 41 members of its workforce at an award ceremony to celebrate their dedication to duty and commitment to service over the… [mappress] Source: zawya, February 7, 2011;
Despite recessionary conditions, traffic handled at major ports in India grew on an average by 5.7 per cent in the year 2009-10, over the year 2008-09, states a research study by Export-Import Bank of India (Exim Bank). The study assesses that the shipbuilding industry in the country has the potenti
