Honeywell announced that it has been selected by the Korea Marine Equipment Research Institute (KOMERI), to implement its award winning UniSim® simulation solution at KOMERI’s new Testing and Certification Centre being built in Geoje, Korea. KOMERI is South Korea’s leading research institute, specia
The Umm Slal LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 22, 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
OJSC NOVATEK plans to select two or three more partners for the Yamal LNG project by the end of this year, the company’s CFO, Mark Gyetvay… (interfax) [mappress] Source: interfax, March 15, 2011;
MEO Australia Limited announced that it has accepted a conditional offer from its preferred farminee for farmin to NT/P68. Negotiations are currently underway to convert the offer into binding agreements which will be subject only to Australian regulatory approvals. MEO currently holds 100% of the 5
Qatar Gas Transport Company (Nakilat) has posted full-year net profit of QR665mn ($182.69 million) in 2010, up 13% on QR589mn registered in… (gulf times) [mappress] Source: gulf times, March 15, 2011;
The Golden Pass LNG Terminal LLC and Golden Pass Pipeline LLC announced today that it has been granted in service authority by the Federal Energy Regulatory Commission (FERC) and has commenced commercial operations. Phase 1 commissioning activities and performance tests of its liquefied natural gas
Transeuro Energy Corp. today announced weekly update on its Ukraine operations. Operations for the first production test of the previously announced 4 test programme on Karl-101 are underway. Pressure testing of the equipment required to flow the well is taking longer than anticipated. The Company w
Chevron Corporation is generating record operating cash flow and advancing its strong project queue, executives said today at the company’s annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our commitments,” sa
Apache Corporation today announced that Dave Gilbronson and Mark Bright will lead Apache’s oil and gas marketing organization, which will be divided along geographic lines. Gilbronson has been appointed to vice president of international marketing and Bright to vice president of North America market
For the first time in its history, Gastech, (21-24 March) will play host to a Russian National Seminar. The seminar examines the development prospects for the energy market in Russia and the activities of Russian oil companies abroad. Leading Russian gas companies will attend and present new project
BG Group today announced that Fabio Barbosa has been appointed to the Board as an Executive Director and as Chief Financial Officer, effective 31 March 2011. Fabio Barbosa joined BG Group in December 2010. He was until June 2010 the Chief Financial Officer at the Brazilian mining company Vale S.A.,
All 9 LNG tankers owned by Brunei Gas Carriers Sendirian Berhad, BGC and Brunei Shell Tankers Sendirian Berhad, BST are not affected by the… (brudirect) [mappress] Source: brudirect, March 14, 2011;
Repsol has agreed to sell a 3.83% stake of YPF to Lazard Asset Management and other investment funds for $639 million. Both transactions have been agreed at a price of $42.4 per share. Lazard Asset Management will acquire for $484 million a total of 2.9% of YPF for a number of its clients*, while [&
Leading UK law firm McGrigors has been granted a licence to establish a branch office in Doha by the Qatar Financial Centre Authority. The move demonstrates McGrigors’ commitment to its long standing client base in the State of Qatar and will build on the firm’s existing activities in the Middle Eas
