Golar LNG will be trading ex-dividend of a total dividend of $0.275 per share on September 9, 2011. The record date is September 13, 2011 and the dividend will be paid on or about September 28, 2011. [mappress] Source: Golar LNG, August 19, 2011;
The so-called “Golden Weld” – the final weld connecting its offshore and onshore parts – was completed on the first of Nord Stream’s twin pipelines today. The “Golden Weld” thus links the Russian landfall in Portovaya Bay with the pipeline across the Baltic Sea. In the coming days, Line 1 will be re
Halliburton has successfully executed the first horizontal, multistage hydraulic fracture shale gas completion in Argentina’s Neuquén Basin for Apache. Halliburton provided all major well construction and completion services for the project, resulting in the successful delivery of South America’s fi
The government is looking to impose a new kind of tax, Infrastructure Development Levy (IDL), a domestic source of financing, on natural gas… (tribune) [mappress] Source: tribune, August 19, 2011;
Hamworthy is to open a new dedicated service centre in Brazil. The new service centre represents a direct investment in a market that has offered sustained growth for the company’s oil and gas handling systems and pump systems businesses in recent years. With offices in Rio and planned workshops and
International oil services company Aker Solutions aims to create 500 new UK jobs over the next year. In a bid to grow its business substantially, Norway-listed Aker Solutions is set to recruit 300 staff to its Aberdeen operation and create 200 positions at the company’s newly established west-London
Engineering group Monadelphous said today it has secured a new contract from Woodside to provide mechanical commissioning support for its Pluto LNG Plant on the Burrup Peninsula. This contract is expected to be completed in the first half of 2012 and follows an initial major structural, mechanical a
Changfeng Energy Inc., a natural gas distribution utility operating in China, announced that it is developing a new project on Mainland China along the Second West-East Pipeline in Xiangtan City, Hunan Province (Xiangtan Project). Xiangtan City has a population of approximately 2.7 million and is th
Santos today announced a net profit of $504 million after tax for the half-year ended 30 June 2011, 155% higher than the previous first half. The 2011 headline result includes a $246 million profit after tax from asset sales, including the sale of a 15% interest in the GLNG project to Total and KOGA
Fern Communications Ltd, a provider of two-way radio communications systems to the international upstream oil and gas industries, today announced that for the first time its FRX-1 radio repeater has undergone field trials conducted offshore Qatar. The outstanding performance of Fern Communications’
Mr Tony Mace has advised the SBM Offshore Supervisory Board that in light of recent events he will not stand for re-election at the next AGM on 16 May 2012. The Supervisory Board has decided that it will call later this year an EGM to propose Mr. Bruno Chabas to take over as CEO with effect [&hellip
Reliance Gas Transportation Infrastructure (RGTIL), a company promoted by Mukesh Ambani (image) and other promoters of Reliance Industries… (economictimes) [mappress] Source: economictimes, August 18, 2011;
MISC Berhad (MISC) announced its Group financial results for the first quarter ended 30 June 2011. For the current quarter ended 30 June 2011, the Group recorded an 8.0% reduction in its revenue from RM3,270.5 million in the corresponding quarter to RM3,009.3 million, mainly due to lower revenue fro
The Al Mayeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal August 25, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic m
