The Board of Directors of FLEX LNG has resolved to issue 151,111 new shares to the members of the Board of Directors up to the 2011 ASM, as part of their remuneration for that period. In addition 150,000 shares are to be issued to Mr. Keith Meyer for work performed under a consultancy agreement with
Saggas has met the established timescales for putting its fourth liquid natural gas (LNG) storage tank into commercial operation. Doing so is the final stage in the successful construction of its new tank, work on which began in 2009 and, with it, the plant’s current storage capacity increases by 33
Fairstar Heavy Transport N.V. (FAIR) has signed a Bridge Loan Facility Agreement with Bank of China. The facility provides financing of the third installment of the construction of the FORTE in accordance with the Terms of Payment in the Shipbuilding Contract. The Bridge Loan Facility will be repaid
Today Fjord1 will have a naming ceremony for MF Boknafjord, the world’s largest gas ferry. The new eco-friendly ferry, delivered by Fiskerstrand BLRT AS, will serve the Arsvågen-Mortavika route on the Boknafjord in Rogaland County, in addition to making sure the Halhjem-Sandvikvåg route in Hordaland
The Al Aamriya LNG carrier, with a capacity of 210,168 cubic metres, is due to arrive in the UK’s Dragon terminal December 21, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 20
Tap Oil Limited reports a number of Board changes that will deliver Board renewal and succession planning as well as flexibility for future growth. These changes do not alter the Company’s strategy and plans, which have been refocused under the executive leadership of Tap’s Managing Director/CEO, Mr
BG Group today announced that the Republic of Kazakhstan (RoK) and the contracting companies in the giant Karachaganak gas-condensate field in north-west Kazakhstan have reached an agreement that will support the further development of the field. The agreement, effective from 30 June 2012 on satisfa
WestSide Corporation Ltd announced that Galilee Basin exploration well Glenlyon 2, within ATP 974P in north western Queensland, has been drilled to 1,222 metres and intersected in excess of 10.8 metres of gross coal measured. Due to the onset of the summer wet weather season in the region the Joint
Cheniere Energy, Inc. announced that it has agreed to sell 33,000,000 shares of its common stock in an underwritten public offering under an effective shelf registration statement. The underwriter will have a 30-day option to purchase up to an aggregate of 4,950,000 additional common shares from Che
Total gas sales volume by Tokyo Gas Co., Ltd., for the month of November 2011 came to about 981.727 million m3, decreased by 83.317 million m3 (-7.8%) from November 2010. In the residential sector, volume totaled 224.343 million m3, down 10.8% from November 2010, owing to the decreased demand for wa
ConocoPhillips Skandinavia AS, operator of production licence 301 CS, has completed drilling of the wildcat wells 7/11-12 S and 7/11-12 A. The wells proved gas. The wells were drilled in the southern part of the North Sea, about 19 kilometres southwest of the Ula field. A 40-metre gross gas column w
Foster Wheeler AG announced today that its Reading, UK, operation, Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has won the British Safety Council’s highly coveted Sword of Honour in 2011. Foster Wheeler was one of 54 organizations worldwide presented with a
China’s Sinopec Corp, and ENN Energy Holdings Ltd. said today they plan to acquire China Gas Holdings Ltd. Sinopec and ENN Energy are offering to pay up to $2.2 billion cash for control of gas distributor China Gas Holdings. China Gas Holdings Limited is a natural gas services operatorand it princip
Classification society Germanischer Lloyd (GL) and IHI Marine United Inc. (IHIMU) signed an agreement for a joint development project (JDP) to investigate and develop solutions for large LNG fuelled container vessels. GL and IHIMU will be working together on a concept study for a 13,000 TEU contain
