FLEX LNG announced that it has approved the issuance of 11,315,080 shares to InterOil Corporation and Pacific LNG Operations and/or their nominees. The split of shares will be 8,938,913 to InterOil (a 7.18% holding in FLEX once issued) and 2,376,167 to Pacific LNG (a 1.91% holding in FLEX once issue
The Al Karaana LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal May 26, 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 met
GE Oil & Gas’ drilling & production business has been selected to supply high-pressure, high-temperature (HPHT) equipment to Bien Dong Petroleum Operating Company, a subsidiary of the state-run Vietnam Oil and Gas Group (PetroVietnam), for the development of gas fields, offshore Vietnam. Under a con
The Department of Energy (DOE) said it anticipates a major push in the country’s liquefied natural gas (LNG) development program with the co… (philstar) [mappress] Source: philstar, May 20, 2011;
Recently, H.E. U Than Htay, the Minister of Energy of the Union of Myanmar (Center) and Mr. Kanok Intharawijitr, General Manager PTTEP International Ltd. a subsidiary of PTT Exploration and Production Plc. or PTTEP jointly opened the testing valve on the drilling rig of the exploration well Aung Sin
As part of the official visit by the Gazprom delegation to the Republic of Slovenia, Ljubljana hosted Wednesday working meetings among Alexey Miller, Chairman of the Company’s Management Committee, Danilo Turk, President of Slovenia, Borut Pahor, Slovenian Prime Minister and Darja Radic, Slovenian M
GreenMan Technologies, Inc., announced results for the three and six months ended March 31, 2011. Lyle Jensen, GreenMan’s President and Chief Executive Officer stated, “We made steady progress during the March quarter both tactically and strategically as we continue our transition to becoming a lead
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG
Reference is made to the press release dated 13 May 2011, regarding Höegh LNG Holdings Ltd.’s application for a listing of the Company’s shares on Oslo Børs (the Oslo Stock Exchange) with a planned listing in June 2011. Over the last two weeks, Höegh LNG has met numerous potential investors. Feedbac
The nation’s biggest domestic gas supplier says a $40 carbon price — the level a government-commissioned report says would be needed for a… (theaustralian) [mappress] Source: theaustralian, May 19, 2011;
In a major advance in centrifugal compressor technology, Dresser-Rand Group Inc. announced today that it has successfully engineered, manufactured and tested what is believed to be the world’s highest density centrifugal compressor for re-injection service. While the units will be used in the Oil an
Salzburg (Austria) hosted today the celebrations held by Gazprom, RAG and WINGAS and dedicated to completion of the Haidach underground gas storage (UGS) facility being the largest in Austria and the second-largest in Central Europe. Upon commissioning of the second and final phase of the UGS facili
Gasol announced that it has entered into an exclusive Project Option Agreement with Moni Pulo (Petroleum Development) Limited in respect of all of the gas in Nigerian offshore licence area, OML 114. During the exclusivity period, Gasol will have an opportunity to make a proposal to Moni Pulo regardi
C.R. England Dedicated, a division of the nation’s largest temperature controlled carrier C.R. England, Inc., and PACCAR Leasing Company (PacLease) announced that they have entered into a full-service lease agreement on new Kenworth T800 tandem axle day cab tractors powered with the Westport GX 15-l