MEO Australia Limited advises that since the last progress report, abandonment operations were completed and the Songa Venus semi-submersible drilling rig was released at 04:15 hrs Perth time, Sunday 26th December 2010. Drilling operations on the Artemis-1 program were conducted safely and without e
A new Bahrain company has been formed primarily to transport petrochemicals and liquefied natural gas (LNG) from Middle East production hubs… (tradearabia) [mappress] Source: tradearabia, December 28, 2010;
China Southern Power Grid Co. (CSG) has entered into a long-term strategic partnership agreement with China National Offshore Oil Corporatio… (tradingmarkets) [mappress] Source: tradingmarkets, December 28, 2010;
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Vigdis North-East development. The award has a value of approximately $75 million in revenue to FMC Technologies. Vigdis North-East is a fa
A Gazprom delegation led by Alexander Medvedev, Deputy Chairman of the Company’s Management Committee paid a working visit to the Republic of Uzbekistan. As part of the visit, Alexander Ananenkov met with Rustam Azimov, First Deputy Prime Minister of the Uzbek Government, Gulomjon Ibragimov, Deputy
Four new LNG-powered RoPax ferries, destined for service in the Norwegian fjords, will feature a suite of MacGregor RoRo access equipment from Cargotec. In November Cargotec secured an order from Gdansk Shiprepair Yard Remontowa in Poland to deliver MacGregor cargo access equipment for four 4,200gt
Through both the experts’ and operators’ joint and unremitting endeavor, Baosteel has supplied qualified pipes to the Queensland Curtis LNG (QCLNG) Project. So far, a total of 6 shipments of UOE pipes comprising three different wall thicknesses, over 100km, have been shipped to the Customer in Austr
Magellan Petroleum Corporation has received and accepted a legally binding commitment from its largest shareholder, Young Energy Prize s.a. (YEP), to provide the necessary funds required for MPET’s wholly-owned Australian subsidiary to close out the acquisition from Santos Offshore Pty Ltd (Santos)
InterOil Corporation announced an acquisition of indirect participation interests held by investors under the Amended and Restated Indirect Participation Interest Agreement dated February 2005. The interests acquired total 1.05% participation in the Elk and Antelope fields in Papua New Guinea and in
Petrohawk Energy Corporation announced that it has completed the sale of its natural gas assets in the Fayetteville Shale, located primarily in Cleburne and Van Buren Counties, Arkansas, to XTO Energy Inc., a subsidiary of ExxonMobil, for $575 million. The sale has an effective date of October 1, 20
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties signed a Supplementary Agreement which extends the Strategic Partnership Agreement until December 31, 2012
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million. The $39/share deal is in line with the most significant sales carried out during the last few weeks with YPF stock. Eton Park has acquired a 1.63% stake in YPF, for $250 million. Similar
An Australian company has beaten off stiff overseas competition to win a multi-million dollar contract to supply specialist telecommunications rooms along the route of the inland pipeline for Papua New Guinea’s US$15 billion liquefied natural gas project. Perth-based Lowrie Constructions Limited wil
Energy company Eneco has signed a multi-year agreement with Gate terminal for the yearly throughput of one billion cubic metres natural gas to Eneco’s end users (customers and power stations). The supply of gas from Gate terminal at Rotterdam-Maasvlakte, with Gasunie and Vopak as main shareholders,
