Noble Energy, Inc. announced that the Plan of Development for the Alen condensate/gas-recycling project has been approved by the Ministry of Mines, Industry, and Energy of the Republic of Equatorial Guinea. Noble Energy’s board of directors sanctioned the project in December 2010, followed closely b
Mechanical engineering group, EnerMech, has invested £20 million in a new Process, Pipeline and Umbilical Services division and appointed one of the industries leading pipeline experts to head up the unit. Les Graves joins the EnerMech board as director and brings with him more than 30 years experie
The report “Global LNG Market Analysis” investigates key trends of the industry and outlines future trends after inclusive study of various… [mappress] Source: prlog, January 13, 2011;
The Board of Directors of Marathon Oil Corporation announced today that it has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent, highly focused energy companies. Marathon Petroleum Corporation (MPC), to be headquartered in Findlay, Ohio, is expe
Findon-based AMC Engineering Ltd is ending the year on a high note after securing another industry certification. The international torque equipment specialists have been awarded the OSHAS18001 certification, an internationally recognised assessment specification for occupational health and safety m
The partners in the Snøhvit licence have decided to perform studies of possible concepts for building a new LNG plant at Melkøya in Hammerfest (Train II). The licence has conducted a feasibility study of processing capacity expansion of Hammerfest LNG plant, Melkøya called Snøhvit Train II, and have
GCiS China Strategic Research has published a study of the China market for cryogenic equipment, which sees widespread application in the liquefied natural gas (LNG) industry. Covering cryogenic pumps, valves, tanks and vaporizers, this study provides an in-depth look at the trends, participants and
Tokyo Electric Power Co. Wednesday reported a rise in the consumption of heavy fuel oil and liquefied natural gas in December compared with… (tradingmarkets) [mappress] Source: tradingmarkets, January 12, 2011;
Chevron Corporation reported in its interim update that earnings for the fourth quarter 2010 are expected to be higher than in the third quarter 2010. Upstream results are projected to improve between sequential quarters, benefiting from higher crude oil prices and increased liquids liftings. Downst
The Al Kharaitiyat LNG carrier, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal January 19, 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 c
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
Petroceltic International plc, the upstream oil and gas exploration and production company, in association with its partner Sonatrach, the Algerian National Oil & Gas Company is pleased to issue an operational update on its Isarene permit in the Illizi Basin in South Eastern Algeria. Well AT-4, the
Dana Petroleum advises that the Cormoran-1 exploration well has been drilled to a total depth of 4,695 metres below sea level and has been plugged and abandoned as a gas discovery. Stabilised gas flow rates of between 22 and 24 million standard cubic feet per day (MMscfpd) were obtained during a tes
Operator Gassco transported 97.3 billion standard cubic metres (scm) of Norwegian gas to receiving terminals elsewhere in Europe during 2010, 700 000 scm more than the year before. This volume was carried by pipeline from fields on Norway’s continental shelf to facilities in Germany, Belgium, France
