Woodside has signed an LNG Sale and Purchase Agreement with Asean LNG Trading Co. Ltd (ALTCO), a subsidiary of Petronas International Corporation Ltd, for the supply of uncommitted cargoes from the foundation Pluto LNG Project. The agreement involves the sale of up to 19 cargoes to ALTCO through to
The Directors of Liquefied Natural Gas Limited are pleased to announce that a Share Placement Term Sheet was executed on 27 January 2011, in Beijing, China, with China Huanqiu Contracting & Engineering Corporation (HQCEC). HQCEC is a wholly owned subsidiary of China National Petroleum Corporation (C
The National Iranian Gas Company and Saderat Bank of Iran signed a contract worth $4 billion on two gas projects. According to the report of the public relations of the NIGC, the deal was signed on Monday evening by the managing director of the National Iranian Gas Company, Mr. Owji and managing dir
Cheniere Energy Partners, L.P. announced today that its subsidiary, Sabine Pass Liquefaction, LLC, has entered into a non-binding memorandum of understanding with Sumitomo Corporation, under which Sumitomo intends to contract up to approximately 1.5 million tonnes per annum of processing capacity at
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Work is nearing completion on a six figure pioneering underwater tool which is to be exhibited at next month’s Subsea 2011 event in Aberdeen. After five years of development and investment of £500,000, Ecosse Subsea Systems’ SCAR specialist trenching plough is generating considerable interest from a
KBR announced that it has been selected by Chevron USA Inc. to execute the detailed design for the Chevron Big Foot Topsides project. The Big Foot field is located in the Walker Ridge Block 29 of the Gulf of Mexico and is owned by Chevron USA Inc. (operator) and other working interest owners. The pr
Muhibbah Engineering (M) Bhd and its consortium partner Perunding Ranhill Worley Sdn Bhd have secured a RM1.07 billion contract from Petrona… [mappress] Source: yahoo, January 26, 2011;
An excavator formed an unusual yet highly effective partnership with a dredging vessel on the Lincolnshire coast in England last summer. Working on the Lincshore project, the Hitachi ZX470LCH-3 crawler excavator and trailing suction hopper dredger, Vlaanderen XX, have helped to ensure that future ge
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced that the well intervention operation on the Oyo #5 well, located in the Oyo Field located offshore Nigeria, which commenced in December 2010 to reduce the gas production f
Peterbilt Motors Company announces the purchase of 50 Model 386 liquefied natural gas (LNG) trucks by Vedder Transport Ltd. of Abbotsford, British Columbia, expanding Peterbilt’s leadship in alternative fuel truck manufacturing. “Peterbilt is dedicated to engineering environmentally friendly solutio
Sungwon Pipe Co. Ltd., Korea’s leading provider of stainless steel pipes, announced several newly signed development contracts for 2011, spanning various industries and sectors across domestic and international markets. Domestically, Samsung C&T Corporation has announced two projects which will requ
The Dutch shipping company Anthony Veder (Rotterdam) has ordered a new LNG carrier from MEYER WERFT. The new tanker for the transport of liquefied natural gas will have a length overall of abt. 156 m, a breadth of 22.70 m, and a cargo capacity of 15,600 cbm. This modern vessel which will be able to
Chevron Corporation today announced that its Australian subsidiary has signed a Sales and Purchase Agreement (SPA) with Kyushu Electric Power Co. for a portion of Chevron’s offtake of liquefied natural gas (LNG) from the Gorgon Project. Under the binding agreement, Kyushu Electric will receive 0.3 m
