InterOil Corporation announced an acquisition of indirect participation interests held by investors under the Amended and Restated Indirect Participation Interest Agreement dated February 2005. The interests acquired total 1.05% participation in the Elk and Antelope fields in Papua New Guinea and in
Petrohawk Energy Corporation announced that it has completed the sale of its natural gas assets in the Fayetteville Shale, located primarily in Cleburne and Van Buren Counties, Arkansas, to XTO Energy Inc., a subsidiary of ExxonMobil, for $575 million. The sale has an effective date of October 1, 20
Korea Gas Group is to boost its LNG fleet through an order for four LNG ships next year. “The four carriers will be deployed for specific co… (seatrade asia) [mappress] Source: seatrade asia, December 24, 2010;
Sakhalin Region could see a new LNG plant built in the future, Sakhalin governor Aleksandr Khoroshavin said Friday in response to a journali… (oilandgaseurasia) [mappress] Source: oilandgaseurasia, December 24, 2010;
The ministry of law has asked the petroleum ministry to go for fresh bidding of both long- and short-term LNG import projects and not to was… (dawn) [mappress] Source: dawn, December 24, 2010;
Norton Rose (Asia) LLP, the international legal practice, announced that Ashley Wright is to join the energy team in Singapore as a partner, to lead the oil and gas team in Asia Pacific. Ashley joins from Ashurst in Singapore, where he is a partner in the energy team. Ashley is highly experienced in
MEO Australia Limited has been advised that the Delegate of the Designated Authority for the Territory of Ashmore and Cartier Islands offshore area has approved the acquisition by MEO of a 100% interest in AC/P50 & AC/P51 from Silver Wave Energy Pte Ltd and has duly registered the associated dealing
Kunlun Energy Co, a Hong Kong-based oil producer and gas supplier said that it is to accelerate its business expansion and acquire more gas… (chinadaily) [mappress] Source: chinadaily, December 24, 2010;
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties signed a Supplementary Agreement which extends the Strategic Partnership Agreement until December 31, 2012
Repsol yesterday received the first shipment of LNG from Qatargas, under a multiyear agreement which secures supply for the Canaport LNG terminal. The arrival of the Q-Max LNG tanker, the biggest in the world, highlights Canaport LNG Facility’s design and technological excellence as the only termina
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million. The $39/share deal is in line with the most significant sales carried out during the last few weeks with YPF stock. Eton Park has acquired a 1.63% stake in YPF, for $250 million. Similar
FLEX LNG Announced that the company is in discussions with SHI to restructure the commercial relationship between the two companies. FLEX LNG and SHI have in December 2010 completed initial discussions to agree upon a process with a target to sign binding amended terms to the commercial relationship
An Australian company has beaten off stiff overseas competition to win a multi-million dollar contract to supply specialist telecommunications rooms along the route of the inland pipeline for Papua New Guinea’s US$15 billion liquefied natural gas project. Perth-based Lowrie Constructions Limited wil
Norwegian LNG cargoes have been despatched to the UK and US, despite the shutdown of the Snohvit liquefaction train… (argusmedia) [mappress] Source: argusmedia, December 23, 2010;
