McDermott International, Inc. (“McDermott”) announced today that one of its subsidiaries has been awarded a contract from Vetco Gray Australia Pty Limited for the fabrication of subsea structures and spools for Chevron’s Gorgon Upstream Project. The value is expected to be in excess of US$50 million
Apache Corporation today announced that a subsidiary has signed an agreement with a Chevron Corp. subsidiary and Tokyo Electric Power Company (TEPCO) regarding sales of liquefied natural gas (LNG) from the Chevron-operated Wheatstone project in Western Australia. Apache Julimar Pty Ltd, an Apache su
In a milestone event, Papua New Guinea’s first and only landowner company yesterday signed a massive half a billion kina [US$192 million]… (postcourier) [mappress] Source: postcourier, October 11, 2010;
The Al Mayeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal October 17, 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
FITCH has jumped on the growing bandwagon predicting the mothballing or cancelling of some of the many touted LNG projects in Australia… (perthnow) [mappress] Source: perthnow, October 11, 2010;
Taiwan, the third-biggest importer of liquefied natural gas in Asia, imported 1.13 million tons of liquefied natural gas in August, up 19.5%… (chinaknowledge) [mappress] Source: chinaknowledge, October 11, 2010;
GDF SUEZ has just signed a medium term agreement with CNOOC Gas and Power Group Ltd. which is a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), the largest importer of LNG in China. Under this agreement, GDF SUEZ will sell CNOOC about 2.6 million tons of LNG from 2013 dur
The Chevron operated Gorgon Project received world recognition for its Gorgon Carbon Dioxide Injection Project when it was formally recognised by the Carbon Sequestration Leadership Forum (CSLF) at its annual meeting in Warsaw, Poland on October 8, 2010. To mark the significant occasion, Chevron Aus
Qatar can be a supplier of choice of liquefied natural gas (LNG) for power generation in the GCC states, says Qatargas CEO… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, October 8, 2010;
The State Government has formally granted a key petroleum tenement in far western Queensland, ATP 855P to oil and gas company, Icon Energy Limited (Icon Energy). The tenement is located within the rich Nappamerri Trough on the Queensland and South Australian border and is adjacent to Icon Energy’s i
Britain is expected to import more liquefied natural gas (LNG) to meet winter demand set to rise 3.8pc this year, according to National Grid… (telegraph) [mappress] Source: telegraph, October 8, 2010;
Malaysia’s exports increased 10.6% on an annual basis to MYR 52.85 billion in August, the Department of Statistics said Friday… (rttnews) [mappress] Source: rttnews, October 8, 2010;
Repsol and Qatargas signed a multiyear LNG agreement under which the latter will supply the chilled fuel to Repsol’s Canadian unit at the Canaport LNG facility in Saint John. Qatargas will deliver LNG to Canaport LNG using both Q-Flex and Q-Max ships. The Q-Max and Q-Flex vessels are the largest LNG
India will pay almost $10 per million British thermal unit (mmBtu) for the LNG it plans to import from Australia, more than double the price… (business-standard) [mappress] Source: business-standard, October 7, 2010;
