Beach Energy Ltd announced that with the support of the Commonwealth Bank of Australia it has today replaced its $35 million working capital facility with a $150 million revolving corporate credit facility. Whilst Beach does not expect to use this facility in the immediate future, it firms up the st
INPEX CORPORATION announced today that its affiliate INPEX BROWSE, LTD. (the Company), which has been acting as Operator of the Ichthys Project, has decided to undertake a legal restructure that requires the transfer of the Company’s assets to newly created Australian companies. This will be effecti
IRSHAD, a joint venture between ADNOC and Lamnalco, have taken delivery of their latest high-performance terminal support/escort tug from Astilleros Balenciaga SA, of Zumaia, Spain. The Alaryam is the latest delivery of the widely acclaimed RAstar Class true escort tug designs from Robert Allan Ltd.
Thursday the extraordinary General Shareholders Meeting of Gazprom was followed by a meeting of the Company’s newly elected Board of Directors. The meeting resolved to elect Viktor Zubkov, First Deputy Prime Minister of the Russian Federation as Chairman of the Gazprom Board of Directors. Alexey Mil
A special committee has been given three weeks to come up with final recommendations on the future of the Liquefied Natural Gas (LNG) Projec… (rjrnewsonline) [mappress] Source: rjrnewsonline, July 1, 2011;
Air Products, the leader in providing liquefied natural gas (LNG) technology and equipment to the world, today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world’s first Floating LNG (FLNG) facility to be located in the Browse Basin off the
On 29 June, Offshore Energy’s Committee of Recommendation convened in Rotterdam for a diner pensant. The members, among others CEO’s and managing directors of Dockwise, Chevron, Van Oord, Mercon and Tullow Overseas Holding, discussed the ambitions, market position, program and organization of Offsho
Six Months after removing the liquefied natural gas (LNG) project from the portfolio of then Energy Minister James Robertson, Prime Minister… (jamaica-gleaner) [mappress] Source: jamaica-gleaner, June 30, 2011;
In the presence of the Biminister of Mining and Energy and the Chairman of the Board of ENAP, Laurence Golborne Riveros, national, regional and local authorities, and executives of ENAP and of various industrial and energy-sector companies, the liquefied natural gas regasification plant, the termina
Blue Energy Limited announced the resignation of Mr Garry Button as non-executive Director of the Company, effective 30 June 2011. Mr Button has been a Director since February 2009 and is Chairman of the Risk and Audit Committee. In advising the Board of his resignation, Mr. Button noted that as a r
Höegh LNG Holdings Ltd. (HLNG) announced the completion of the bookbuilding period for the initial public offering of its shares, and is pleased with the broad interest received for the Offering during the bookbuilding period which has taken place under challenging market circumstances. Summary of t
As part of the reorganization of its central functions, GDF SUEZ has made the following appointments: * Sandra Lagumina is been appointed Legal Director for GDF SUEZ. Sandra Lagumina joined the Group in February 2005 as Vice President for Strategy, delegate for Gaz de France public affairs; until no
El Paso Pipeline Partners, L.P. announced that it has completed the acquisition of an additional 28-percent interest in Colorado Interstate Gas Company (CIG) and the remaining 15-percent interest in Southern Natural Gas Company (SNG) from El Paso Corporation for $745 million. The acquisition increas
KBR announced the election of Linda Z. Cook as a member of the KBR Board. Cook retired from Royal Dutch Shell, Plc., in 2009, where she served as Executive Director, Shell Gas and Power. Cook held numerous roles of increasing responsibility during her 29-year tenure with the company. She began in oi
