The I.M. Skaugen group reports improved results for the third quarter of 2010 compared to 2Q10. This is mainly driven by higher utilization and better profitability in the gas carrier segment (Norgas). The China activities posted slightly reduced results and the Marine transfer activities (SPT) suff
Participants in the symposium held by the Anti-LNG Transaction Coalition of Civil Society Organizations strongly suggested to file lawsuits… (yemenpost) [mappress] Source: yemenpost, October 18, 2010;
MEO Australia Limited is very pleased to confirm receipt this afternoon of approximately US$39 million cash consideration from Petrobras in relation to the WA-360-P farm-in. The cash consideration incorporates approximately US$7.5 million of seismic related back costs, together with the first US$31.
Technip announces today that it has finalized its agreements with MISC Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), two companies within Malaysia’s national oil corporation, Petroliam Nasional Berhad (PETRONAS), to establish their long-term collaboration. As previously ann
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal October 22, 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 metr
Apache Corporation said today that three successful wells appraising the Balnaves-1 discovery in License WA-356-P offshore Western Australia will trigger development planning by subsidiary Apache Julimar Ltd Pty. Balnaves is an oil accumulation in the Mungaroo formation in a separate reservoir benea
Santos today announced the successful launch and pricing of a €300 million follow-on hybrid issue (approximately A$420 million). This follows Santos’ debut issue of a €700 million 100% equity credit Euro hybrid which settled on 22 September 2010. This will bring the total amount of hybrid capital ra
CNOOC Shanghai LNG terminal in 2010 may receive about 1.4 million metric tons (tonnes) of LNG, Dow Jones cited a company official Wednesday… (tradingmarkets) [mappress] Source: tradingmarkets, October 14, 2010;
China will energetically expand LNG import in the coming 10 years to satisfy the growing domestic demand, so the annual import volume is pre… (istockanalyst) [mappress] Source: istockanalyst, October 14, 2010;
Total announces that its affiliate TOTAL E&P Borneo and its partners made a significant new gas and condensate discovery in Block B offshore Brunei. Well ML-5, located in a water depth of 65 metres and around 50 kilometres from the coastline, was drilled 8 kilometres to the south of the Maharaja Lel
Marubeni Corporation (“Marubeni”) has agreed with BW Gas Limited, Bermuda (“BWG”) to acquire 49% interest of 8 LNG carriers (“8 LNGCs”) presently owned by BWG under long-term time charter to Nigeria LNG Limited (“NLNG”). Marubeni’s acquisition cost is about US$ 700 million (equivalent to JPY about 6
GEA has received 3 major orders worth EUR 28 million for the supply of Air Cooled Heat Exchangers to projects of the oil and gas industry. For a new LNG (Liquefied Natural Gas) plant in the southern highlands of Papua New Guinea which is under development by Exxon Mobile and its joint venture partic
Eastern Star Gas (ESG) today announced it has entered into an agreement with Marubeni Corporation putting in place a series of prospective arrangements to expedite commercialisation of ESG’s proposed LNG Newcastle (LNGN) Project. Objectives of the agreement with Marubeni include: – ESG making availa
Chairman of Golar LNG Energy Limited, Tor Olav Troim has through Drew Investment Limited purchased 750,000 shares in Golar LNG Energy Limited on October 12th, 2010. The shares have been acquired at NOK 9.89 per share. Drew Investments Limited’s total holding in Golar LNG Energy Limited after this tr
