Pace Global Energy Services has named Pravas Sud as Director, LNG Services. Mr. Sud, who will be located in Pace Global’s Houston office, has over 10 years of executive-level experience in the U.S., Asia, and European markets. His expertise ranges from business development, global supply chain/logis
North Korea supports a planned pipeline to carry Russian gas supplies to South Korea through the North, Russian President Dmitry Medvedev sa… (asiaone) [mappress] Source: asiaone, August 24, 2011;
The potential of gas reception would reach 300 million cubic meters per day from South Pars gas fields, managing director of the South Pars Gas Complex (SPGC), Ali Akbar Shabanpour announced. According to the report of the public relations of the National Iranian Gas Company (NIGC), the expected gas
CNOOC Limited announced its interim results as of June 30, 2011. The Company’s total net oil and gas production amounted to 168.7 million barrels of oil equivalent (BOE), representing an increase of 12.9% year-on-year (YOY). This is mainly attributed to: firstly, the new oilfields and development we
On August 17, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries , Ltd. (Samsung) in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd., a wholly owned subsidiary of NYK; Mitsui & Co. Ltd. ; and Teekay Corporation to ship LNG. The vessels
Keith Meyer, chairman of Flex LNG, which was founded to bring LNG production offshore, will address Modular, Mid-Scale LNG conference on Sept. 15, Lafayette, La. The conference features a tour of Chart Industries cold box assembly plant, a critical module in LNG plant construction. Flex LNG has exec
Fairstar Heavy Transport N.V. (FAIR) has signed a third contract with Chevron PTY LTD and the Kellogg Joint Venture – Gorgon. Under the terms of the contract, the semi-submersible vessel FJELL will provide marine transportation of modules and other related equipment over a series of voyages commenci
Workers at the PNG LNG project plant site at Lealea are staging a protest, raising concerns about their pay rates… (islandsbusiness) [mappress] Source: islandsbusiness, August 23, 2011;
Nine companies submitted bids for conducting a feasibility study for a planned liquefied natural gas terminal on Ukraine’s Black Sea coast… (ukrainianjournal) [mappress] Source: ukrainianjournal, August 23, 2011;
Wood Mackenzie dispels talk that the oil and gas business is a ‘sunset industry’ in a report titled ‘The changing face of upstream value’. This documents strong, prospective value growth in the upstream industry, with a 23% increase on Wood Mackenzie’s 2010 forecast. The sector is valued at approxim
Wood Group today announced 2011 first half results. Financial Highlights Total revenue6 of $2,828.8m (2010: $2,409.7) up 17% Total EBITA2,6 of $192.0m (2010: $153.3m) up 25% Revenue from continuing operations, including PSN since acquisition and excluding Well Support, of $2,481.8m (2010: $1,959.7
In a meeting with His Excellency Dr Mohammed Bin Saleh Al Sada, Minister of Energy and Industry and Chairman of RasGas Company Limited (RasGas), Mr Yasunori Takagi, CEO and President of LNG Japan Corporation, presented a contribution in support of RasGas’ Corporate Social Responsibility (CSR) progra
In its submission on the Australian Government’s Clean Energy Legislative Package, the peak body representing Australia’s oil and gas industry has suggested a number of amendments to improve the proposed carbon pricing plan’s ability to meet Australia’s greenhouse gas emissions reduction targets at
Oil Search announced results for the six months ended 30 June 2011. Highlights – Oil Search reports that profit after tax for the six months to 30 June 2011 was US$114.5 million, compared to US$52.9 million in the corresponding period of 2010. The 117% increase in net profit was primarily driven by
