Kiev and Baku signed an intergovernmental memorandum on future deliveries of liquefied natural gas from Azerbaijan and an agreement on coope… (RIA Novosti) [mappress] Source: RIA Novosti, January 28, 2011;
The Jackson County Port Authority’s Board of Commissioners approved two resolutions Thursday to address unanticipated dredging work at the… (gulflive) [mappress] Source: gulflive, January 28, 2011;
The developer of Papua New Guinea’s multi-billion dollar LNG project says it’s working with the government and local leaders in order for op… (rnzi) [mappress] Source: rnzi, January 28, 2011;
Wärtsilä has redefined its long-term financial targets. Our target is to grow faster than global GDP. Our operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, our target is to keep operating profit margin above 10%. Our target is to maintain gearing bel
Petróleo Brasileiro S.A. – Petrobras announces that it closed today a US$ 6 billion issuance of 5, 10 and 30 year notes in the international capital markets. The notes were issued by Petrobras’ wholly-owned subsidiary Petrobras International Finance Company and constitute general senior unsecured an
The inside tank cold insulation construction work was fully started at HQCEC Jiangsu LNG Project, and the first pressure test package was successfully completed on the process pipeline. To ensure safety, the HSE team participated in the construction work in advance. They jointly co-operated with the
The Umm Slal LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 7, 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 m
In January 2006 Golar LNG Limited issued options to employees and directors of the Company with a five year term expiring in January 2011. It has been resolved to extend the maturity of these options for relevant Board members and Management by two years from January 2011. The extension is to align
Metgasco is pleased to advise that it is about to commence drilling the first of four coal seam gas multi-lateral pilot production wells. Drilling is expected to commence next month. The Harrier Pilot wells will be located in the Eden Creek trend area near Corella P11 where Metgasco has had its lead
The President and CEO of Wärtsilä Corporation, Mr Ole Johansson, has decided to retire after turning 60 years of age in June, using the right stipulated in his executive contract. The exact timing of his retirement will be announced later. Also, Mr Johansson will not be available to continue in his
Woodside has signed an LNG Sale and Purchase Agreement with Asean LNG Trading Co. Ltd (ALTCO), a subsidiary of Petronas International Corporation Ltd, for the supply of uncommitted cargoes from the foundation Pluto LNG Project. The agreement involves the sale of up to 19 cargoes to ALTCO through to
The Directors of Liquefied Natural Gas Limited are pleased to announce that a Share Placement Term Sheet was executed on 27 January 2011, in Beijing, China, with China Huanqiu Contracting & Engineering Corporation (HQCEC). HQCEC is a wholly owned subsidiary of China National Petroleum Corporation (C
The Executive Committee of EXMAR reported the provisional results for the 4th quarter and entire year 2010. HIGHLIGHTS 2010 -Cash flow from Operations and Operating Result supported by the profit on the partial sale of LNG vessels to Teekay LNG but still influenced by weak spot LPG rates; -Coverage
Sponsored by Yemen LNG, a three-day awareness workshop on reproductive health and motherhood was organized by the Yemeni Women Union from 9 to 11 January. The workshop drew participation of over 150 women from 3 rural villages in Shabwa Governorate. Among the issues raised at the workshop are safe m
