Woodside Petroleum today reported a record $1.58 billion net annual profit. Key Points • Record reported net profit after tax of $1,575 million, up 6.9% (2009: $1,474 million). • Underlying profit after tax of $1,418 million, up 34.8% (2009: $1,052 million). • Annual sales revenue of $4,193 million
The Al Safliya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 27, 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 cubi
Questar Corp.’s board of directors approved a 9% increase in the quarterly common-stock dividend to 15.25 cents ($0.1525). The dividend, payable March 21, 2011, to shareholders of record on March 4, 2011, is a 1.25-cent ($.0125) increase from the previous quarter. This is the company’s 265th consecu
BG Norge AS has received consent to use the mobile facility West Alpha for drilling of wells 15/12-E1H and 6/3-A1H in the southern part of the North Sea. The wells (the Gaupe field) belong to production licence 292 and are located approx. 240 kilometres southwest of Stavanger, near the UK shelf bord
Sri Lanka anticipates to utilise Liquefied Natural Gas (LNG) to cater up to 31 percent or nearly one third of the country’s energy demand by… (allvoices) [mappress] Source: allvoices, February 20, 2011;
Qatargas and Shell announced that the first cargo of liquefied natural gas (LNG) from the Qatargas 4 Project (70% Qatar Petroleum, and 30% Shell) has loaded. The cargo is en route to Hazira receiving terminal in India. Qatargas, the company who pioneered the LNG Industry in Qatar, now has a producti
Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has confirmed that its operations were not affected during the recent turmoil in Egypt, with production and output levels sustained during the turbulence. Dana Gas’ operations are located in the Nile Delt
Last week at the TNO office in Delft a group of over twenty stakeholders gathered. These stakeholders represent the total value chain of the LNG industry. Represented in the project are both LNG producers, transporters, terminals, bunkerers, contractors, engine manufacturers and a variety of regiona
Yemen LNG signed on 5 February a new three year agreement with the Society for Humanitarian Solidarity (SHS) in a steadfast commitment to continue to support the efforts of the SHS and UNHCR in delivering assistance to African migrants landing in the coastal areas around Balhaf, Gulf of Aden; as wel
Crowcon’s Xgard IR infrared (IR) gas detector is now approved to the latest amendment of the Marine Equipment Directive (MED, 96/98/EC). This means the low cost detector can be used to detect flammable gases and vapour hazards on tankers, drilling ships, FPSOs, dive vessels, coastguard vessels, ferr
Chevron Corporation today announced that its acquisition of Atlas Energy has been completed following approval by Atlas stockholders. “We look forward to welcoming the highly talented employees from Atlas Energy into the Chevron family,” said Vice Chairman George Kirkland. “The assets provide Chevro
Statoil Petroleum AS, operator of production licence 488, has completed the drilling of wildcat well 7119/12-4. The well was drilled about 145 kilometres northwest of Hammerfest and about 40 kilometres south of the 7120/8-1 Askeladd gas deposit, which is part of the Snøhvit development. The objectiv
Vietnam will import 1 million tonnes of liquefied natural gas (LNG) every year from 2012 to meet the country’s demands, says the PetroVietna… (vovnews) [mappress] Source: vovnews, February 18, 2011;
Siemens AG has revealed plans to establish a manufacturing and service facility in the Kingdom of Saudi Arabia. The manufacturing facility will include the local production of gas turbines and rotating equipment, a repair workshop and service facilities for the Saudi Arabian and Middle East market.
