Icon Energy Limited today announced that Lydia-11 has been drilled to a depth of 915 metres. Using a 1.8 gm/cc density cutoff a cumulative total of 12 metres of coal was penetrated in the well. The deeper Taroom coals indicated a permeability of 10 millidarcies indicating that stimulation would be r
Stena Bulk is on the offensive again – this time in the transportation liquid natural gas. The company has purchased three LNG (Liquefied Natural Gas) tankers from the Taiwan-based shipping company TMT for a total of USD 700 million, approx. SEK 4.5 billion. The three LNG tankers are the “Stena Blue
Santos is close to signing a deal to buy about $50 million a year of onshore Cooper Basin gas and liquids from Beach Energy and Drillsearch… (theaustralian) [mappress] Source: theaustralian, May 23, 2011;
KBR announced the inaugural release of its Sustainability Report, which details its corporate social responsibility efforts and can be accessed at its website. Upon becoming an independent company four years ago, KBR had the unique opportunity to re-create the foundation upon which it operates. The
Another Qatari cargo was headed to Zeebrugge Monday as the port’s record LNG imports continue… (argusmedia) [mappress] Source: argusmedia, May 24, 2011;
The Al Oraiq LNG carrier, with a capacity of 210,198 cubic metres, is due to arrive in the UK’s Dragon terminal May 29, 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 years.
Dart Energy Limited today completed the issue of new shares pursuant to the recent entitlement offer, the retail component of which was settled on Friday, 20 May 2011. New shares issued will begin trading on the ASX on Tuesday, 24 May 2011. The entitlement offer raised a total of approximately AUD$1
Aspen Technology, Inc., a leading provider of software and services to the process industries, announced the release of aspenONE 7.3 Engineering software. New optimization innovations in aspenONE Engineering help Exploration & Production, Refining, Chemicals and other process industries improve capi
Federal energy officials have granted Hess LNG another year to work up a new plan for a liquefied natural gas terminal along the Delaware Ri… (allvoices) [mappress] Source: allvoices, May 23, 2011;
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal May 28, 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
Exoma Energy Limited announced the Atlas No.1 rig has been mobilised to the Galilee Basin in Central Queensland to commence a 12 well exploration program. The rig will be employed to drill a series of core wells testing coal seam gas (CSG) and shale gas prospects in ATP 991P, ATP 996P, ATP 999P and
In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5,386 square km in the Bintuni Basin, a mainly gas p
EXMAR has teamed up with Pacific Rubiales to build a small-scale LNG export project in northern Colombia. The Colombian-Canadian exploration and production player and EXMAR have begun front-end engineering and design for the scheme. Plans involve building a small liquefaction barge and a pipeline fr
AusGroup’s subsidiary, AGC Industries Pty Ltd, a leading Australian owned fabrication, construction and integrated services company, has been awarded a major fabrication contract by Chevron Australia to manufacture pipe spools for the Gorgon Project, one of the world’s largest natural gas projects a
