Following the acquisition of wireline data from the Encounter-1 exploration well (PEL-218 Permian, Beach 90%) in the Nappamerri Trough of the Cooper Basin, Beach Energy Ltd has determined the prospective shale interval is considerably thicker than anticipated. The Roseneath shale intersection was or
The Economic Co-ordination Committee (ECC) of the Cabinet may scrap the proposed multibillion dollars Pakistan Mashal LNG Project (PMLP) dea… (brecorder) [mappress] Source: brecorder, December 10, 2010;
A survey of transport fleets and equipment manufacturers by Zeus Development Corp has determined that the world fleet of LNG tank trailers has grown eightfold in little more than a decade, from 250 units to more than 2,000. Increasingly, LNG is being transported beyond import terminals by shuttle ta
Hamworthy has signed a contract with Golar LNG to deliver a liquefied natural gas regasification system for the West Java FSRU, which will be Indonesia’s first LNG regasification terminal. In October, Golar LNG Energy announced that it had been selected by PT Nusantara Regas, a joint venture between
Chevron Corporation today announced a $26.0 billion capital and exploratory spending program for 2011. Included in the 2011 program are $2.0 billion of expenditures by affiliates, which do not require cash outlays by Chevron. Acquisition costs associated with the recently announced purchase of Atlas
The Duhail LNG carrier, with a capacity of 210,100 cubic metres, is due to arrive in the UK’s South Hook terminal December 16, 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
As announced on October 18, 2010 Wärtsilä has decided to implement a global design for all its support functions in order to support the business in the most efficient way. To adjust to the new global way of working and lower volumes a consultation process with employee representatives was initiated
Nordic LNG has entered into supply agreements with two major industrial enterprises in Lilla Edet (approximately 50km north of Gothenburg). LNG deliveries via tank-lorries from new terminal at Øra near Fredrikstad will start during the summer of 2011. Knauf Danogips GmbH, Inlands Kartongbruk Develop
Woodside has executed a five year US$1.1 billion syndicated loan facility with 34 domestic and international banks. Funds from the loan will be used to repay the US$1.1 billion syndicated loan facility executed in May 2009. Australia and New Zealand Banking Group Limited and The Bank of Tokyo-Mitsub
BG Group today announced an update on the Tupi and Guará fields in the Santos Basin, offshore Brazil. The update relates to the first two Floating Production, Storage and Offloading (FPSO) vessels on the Tupi field and the first FPSO on the Guará field. The first FPSO on the Tupi field has a product
After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent
GDF SUEZ has signed its official entry in two exploration gas and oil licenses with the Greenlandic Ministry of Industry and Mineral Resources. The consortium between GDF SUEZ, Shell (operator) and Statoil has been granted two exploration offshore licenses in Blocks 5 and 8, located in the Baffin Ba
Clean Energy Fuels Corp. has entered into a Securities Purchase Agreement to acquire Wyoming Northstar Incorporated and affiliates for an aggregate purchase price of approximately $10.9 million in cash. Approximately $7.4 million will be paid at closing with the balance paid in equal installments on
Terasen Gas has applied to the British Columbia Utilities Commission (BCUC) to provide fuelling services through Terasen Gas owned and operated compressed natural gas (CNG) and liquefied natural gas (LNG) fuelling stations. If approved, commercial customers will be able to safely and economically re
