Centrica plc, the parent company of British Gas, today announced it has entered into an agreement for a unique three year contract with Qatargas to deliver 2.4 million tonnes per annum of liquefied natural gas (LNG) to the UK Isle of Grain facility. The deal will provide enough gas to meet approxima
After the authorties in Mecklenburg-Western Pomerania have given the approval for the NEL pipeline (Nordeuropäische Erdgaspipeline), today the Lower Saxony Office of Mining, Energy and Geology (LBEG) also approved the construction of the pipeline in Lower Saxony. The approval is valid for a distance
Indonesia may import 4.5 million metric tons of liquefied natural gas per year starting 2013 if the construction of three floating storage f… (zawya) [mappress] Source: zawya, February 23, 2011;
Professional services company WorleyParsons Limited today announced a net profit after tax for the six months to 31 December 2010 of $128.6 million, in line with guidance, and a decrease of 6.8% on the $138.0 million net profit reported for the previous corresponding period. For the six months to 31
Engineering and construction company Clough Limited today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth AU$209m associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an integrated development that includes gas production and proc
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Chesapeake Energy Corporation announced financial and operational results for the 2010 fourth quarter and full year. For the 2010 fourth quarter, Chesapeake reported net income to common stockholders of $180 million ($0.28 per fully diluted common share) and operating cash flow (defined as cash flow
UPS, the world’s largest package delivery company, has contracted with Clean Energy Fuels Corp. to fuel its new fleet of 48 liquefied natural gas (LNG) package transportation trucks at a new truck fueling station near UPS facilities in Las Vegas, Nevada. The agreement has a seven-year initial term w
Fluor Corporation announced that its Fluor Offshore Solutions unit was awarded a front-end engineering and design (FEED) contract by Woodside for the Browse Liquefied Natural Gas (LNG) Development. The Browse fields are located in the Browse Basin about 425 kilometres north of Broome off the western
KBR announced that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable April 15, 2011, to shareholders of record at the close of business on March 15, 2011. KBR is a global engineering, construction and services company
CB&I today reported net income for the fourth quarter of $63.2 million or $0.63 per diluted share, versus $41.2 million or $0.41 per diluted share in 2009. Revenue for the quarter was $947.9 million with new awards of $992.0 million. For the full-year, net income was $204.6 million, or $2.04 per dil
Transeuro Energy Corp. issues an update on its Ukraine operations. Logging operations are now ongoing at Total Depth (TD) to acquire the standard set of wireline logs, plus a log to identify the location and orientation of natural fractures in the rock, and finally a pressure tool to confirm the res
Sempra Energy announced that Alan L. Boeckmann has been elected to the company’s board of directors. “Alan Boeckmann has a strong background in international business management, construction and engineering that will complement our board of directors well,” said Donald E. Felsinger, chairman and ch
Today at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Natalia Komarova, Governor of the Khanty-Mansiysk Autonomous Okrug – Yugra signed the Cooperation Agreement for 2011–2013. The Agreement sets forth the key areas of bilateral cooperation, including pr
