International law firm Trowers & Hamlins has advised the Ministry of Energy and Mineral Resources of Jordan, together with Navigant, Mapstone and Tractebel Engineering, on a time charter party agreement with Golar LNG Limited for the supply of a Floating Storage and Regasification Unit (FSRU). The a
Golar LNG Limited announced that Golar has executed a firm contract to provide the Kuwait National Petroleum Company (KNPC) with floating storage and regasification (FSRU) services to support their LNG import operations at Mina Al Ahmadi. The contract will be for an initial period of 5 years and com
Noble Energy Mediterranean announced that due to a significant increase in the water flow rate in the production of natural gas from Pinnacles 1 well, it has decided to close the bar, and prepare for final abandonment. Abandonment operations are planned to be performed during 2014, after obtaining t
Iranian President, Hassan Rohani, said the joint pipeline project between Tehran and Islamabad can boost bilateral cooperation. In a meeting with Pakistani President, Asif Ali Zardari on Saturday, Rohani said, “The joint project of building the gas pipeline can have a significant influence on increa
Qatar has shipped a consignment of liquefied natural gas as aid for the Egyptian people, according to Qatar’s state news agency (QNA). The 266,000 cubic metres Al Mafyar departed from Qatar’s Port of Ras Laffan on Thursday. This represents the first of five shipments Qatar has promised to deliver to
Dana Gas PJSC the Middle East’s largest regional private sector natural gas company, announced its financial results for the six months and quarter and ended 30 June 2013 with a net profit of AED 341 million and AED 100 million respectively. Average overall production volumes were up 5% to 61,700 ba
VIDEO: Bechtel Updates on GLNG Project Construction, Australia LNG engineer Bechtel posted two videos showing the progress on Australia’s GLNG project. Golar LNG Executes FSRU Time Charter with Jordan Golar LNG Limited said that a firm FSRU time charter with the Government of the Hashemite Kingdom o
Iran’s annual gas exports revenues will reach 20-25 billion dollars in the coming years, Iranian minister of petroleum, Rostam Qasemi said. According to the report of the public relations of the National Iranian Gas Company (NIGC), he said Iran is currently exporting oil products, gas and petrochemi
PIRA Energy Group believes that the winter faces LNG supply risk. In the U.S., gas production from Marcellus as well as portions of Utica was significantly above June 2012. In Europe, Norway has slightly boosted its estimated supply loss in the first 10 days of August. Specifically, PIRA’s analysis
Golar LNG Limited said that a firm FSRU time charter with the Government of the Hashemite Kingdom of Jordan, represented by the Ministry of Energy and Mineral Resources has been concluded and was executed on Wednesday. The FSRU Golar Eskimo will be moored at a purpose built structure that is to be c
Iranian Oil Minister Rostam Qasemi says development of the different phases of the South Pars gas field is going ahead despite U.S.-engineered sanctions against Iran over its nuclear energy program. “South Pars phases are being developed through the efforts and endeavors of capable Iranian specialis
A report by Asiya Investments says the negative impact of shale gas on the GCC won’t be significant for at least another 20 years, citing the high cost of shale gas and projected growth in Asia’s oil consumption. In fact, the report even says that Asia’s oil consumption growth will outpace natural g
Five of RasGas Company Limited’s ships continue to lead in the ‘most environmentally friendly vessels’ category, according to the World Port Climate Initiative (WPCI). Launched in 2008, the WPCI currently has 55 of the world’s key ports committed to reducing greenhouse gases participating in its pro
Qatar Navigation (Milaha) Q.S.C. announced its financial results for the half year ending June 30th, 2013. Summary financial results are as follows: Operating revenues of QR1.214bn vs. QR1.135bn for the same period in 2012, an increase of 7% year over year. The half year revenues are the highest in
