Clough today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Master Sale
Exoma Energy announced Drilling Update for its Bessies-1 shale gas core well. The well reached a total depth of 985 metres and intersected 40 metres of Toolebuc Shale, the well’s primary target. Shales immediately above the Toolebuc Shale were also cored and a sample of free liquid hydrocarbons was
The New South Wales (NSW) state government has launched a parliamentary inquiry into the coal-bed methane (CBM) industry… (argusmedia) [mappress] Source: argusmedia, August 8, 2011;
The Oil and Gas Regulatory Authority (Ogra) issued a notification on Sunday increasing gas prices for all consumers by 13.55 per cent with i… (dawn) [mappress] Source: dawn, August 8, 2011;
Exoma Energy announced that the fourth well of its 2011 exploration campaign, Euston-1, has spudded. The target of this well will be Shale Gas in the Toolebuc Shale of the Eromanga Basin in Central Queensland. Exoma has a 50% beneficial interest in both ATP 999P and the Euston-1 well. CNOOC Galilee
Executives at the Nabucco pipeline consortium said they are planning talks with Turkish companies to get information on steel deliveries… (upi) [mappress] Source: upi, August 8, 2011;
The Shagra LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal August 14, 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 metr
On July 28, 2011, Harvey Gulf International Marine’s Board of Directors approved the construction of the first United States flagged LNG Offshore Supply Vessels. Harvey Gulf International Marine’s Chairman & CEO Shane J. Guidry stated that this is another example of Harvey Gulf’s commitment to meet
Rial-denominated bonds worth about $5 billion will be issued in near future to finance development of shared oil and gas fields especially South Pars gas field projects, managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani announced. He reported of absorbing four billion doll
Höegh LNG Holdings Ltd. has entered into an agreement to acquire the “LNG Libra”, a 126,400 cbm Moss type LNG carrier built in 1979. The seller is BGT Limited, a subsidiary of Höegh LNG’s long standing partner Mitsui OSK Lines (MOL). The vessel is to be delivered in the second quarter of 2012. The t
For the three and six months ended June 30, 2011, Cheniere Energy Partners, L.P. reported a net loss of $6.9 million and $9.1 million, respectively, compared with net income of $58.4 million and $117.2 million for the same periods in 2010, respectively. For the three and six months ended June 30, 20
Gazprom’s group of experts led by Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee is finishing its business trip to the Far East. Today in Khabarovsk Alexander Ananenkov moderated a working meeting with Choo Kangsoo, President – CEO of Kogas. It was highlighted during the
Golden Valley Electric Association and Flint Hills Resources Alaska have commenced engineering on a natural gas liquefaction facility on Alaska’s North Slope. The two companies have signed a memorandum of understanding to exclusively negotiate agreements to construct and operate a facility that woul
Brazil’s state-controlled oil company Petrobras has postponed a costly plan to install a floating LNG platform in the Santos basin’s sub-sal… (argusmedia) [mappress] Source: argusmedia, August 5, 2011;
