Santos today announced the successful completion of its A$500 million institutional placement. Chief Executive Officer David Knox said that Santos is very pleased with the strong support shown by institutional shareholders for the placement which completes the equity funding for Santos’ share of the
Talisman Energy Inc. today announced it has reached agreement to create a strategic partnership with Sasol Limited to develop the Farrell Creek assets in Talisman’s Montney shale play in northeastern British Columbia. Talisman will sell a 50% working interest in its Farrell Creek assets to Sasol for
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, has agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million subject to working capital adjustments. The effective date of the sale is 1 January 2011. ROC does not
Electromagnetic Geoservices ASA (EMGS) and Shell have entered into a Joint Industry Project to plan and design the next generation of 3D EM equipment. Over the next six months the two companies will, in close collaboration, conduct a feasibility study that includes laboratory tests, design solutions
Origin Energy Ltd. is in talks to sell stakes in its Queensland liquefied natural gas project with China’s Sinopec, Thailand’s PTT and other… (advfn) [mappress] Source: advfn, December 20, 2010;
The managing director of Iran’s LNG Company, a subsidiary of the National Iranian Oil Company (NIOC), says Tehran is in talks with seven for… (presstv) [mappress] Source: presstv, December 20, 2010;
A federal judge has dismissed a lawsuit filed last summer by a Mexican property owner against Sempra Energy, the San Diego energy giant he… (signonsandiego) [mappress] Source: signonsandiego, December 17, 2010;
Royal Dutch Shell plc announces that it has today issued 18,288,566 A Ordinary shares in relation to the scrip dividend program for the third quarter 2010 interim dividend. Following the issue today, the total number of A shares in issuance is 3,563,952,539 and the total number of B shares is unchan
Wilhelmsen Ships Service continues to extend its worldwide network coverage by expanding its presence in Turkey. The company has just opened a new office in Aliaga-Izmir, which is the fifth the company has opened in Turkey. The new office is located in the centre of Aliaga and offers easy access and
The Haisla Nation has given up potential part ownership of the Kitimat LNG project for $50-million U-S… (cftktv) [mappress] Source: cftktv, December 17, 2010;
Santos Limited today executed binding agreements with KOGAS and Total which pave the way for a final investment decision (FID) in January 2011 on the two train GLNG project. GLNG has an estimated gross capital cost of approximately US$16 billion from FID until the end of 2015, when the second train
Gazprom reduced its debt load in 2010 versus late 2009. According to the recently published Gazprom IFRS consolidated information, the Group’s overall debt decreased 17 per cent from RUB 1.63 trillion to RUB 1.35 trillion over the first sixth months of 2010. We forecast that by the end of this year
OAO NOVATEK announced today the closing of the transaction to acquire a 51% interest in OAO Sibneftegas, by the Company’s wholly-owned subsidiary, OOO NOVATEK Severo-Zapad, from OAO Gazprombank. The acquisition price for the 51% interest amounted to RR 26,883 million. In accordance with the terms of
Petrofac, the international oil & gas facilities service provider, issues the following pre-close trading update ahead of the announcement of its audited results for the year ending 31 December 2010, expected to be on 7 March 2011. * Net profit for the year expected to be in line with expectations f
