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
Fluor Corporation announced that the company’s board of directors has elected David T. Seaton to the position of CEO and company director, consistent with the transition plan previously announced. Seaton, 49, succeeds Alan L. Boeckmann who retires as CEO. Boeckmann will continue to serve the company
At 07.00 GMT on Thursday 3 February, 2011 Royal Dutch Shell plc released its fourth quarter and full year 2010 results and fourth quarter interim dividend announcement for 2010. Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our 2010 earnings increased substantially from 2009 leve
Liquid Niugini Gas Limited, a partnership between InterOil Corporation, and Pacific LNG Limited is pleased to announce that Mr. Al Conrad Kerr Jr. has joined as Vice President of LNG Marketing and Sales. Mr. Kerr spent 12 years in the ExxonMobil Gas Marketing Company working on Qatar, and West Afric
A pair of berthings at Italy’s 8bn m³/yr Adriatic LNG terminal that had been offered to the market have gone unsold… (argusmedia) [mappress] Source: argusmedia, February 3, 2011;
InterOil Corporation announced that InterOil and Liquid Niugini Gas Ltd., its joint-venture liquefied natural gas project company with Pacific LNG Operations Ltd., have signed a Project Funding and Construction Agreement (PFCA) and a Shareholder Agreement with Energy World Corporation Ltd. governing
Leading Australasian engineering consultancy, Synertec, is proud to announce its landmark proposal success on the Queensland Curtis LNG (QCLNG) Project for Bechtel Oil, Gas & Chemical, Inc. One of the largest orders to an entirely Australian systems integrator, QCLNG will see Synertec engineer a tot
As part of its program to meet growing European natural gas demand, Storengy, the GDF SUEZ Group company dedicated to the underground storage of natural gas, has again selected GE Oil & Gas’ advanced Integrated Compressor Line (ICL) technology to underpin the efficient expansion of key projects in F
Gazprom’s group of experts started its business trip to the Yamal-Nenets Autonomous Okrug (YaNAO). It is planned to visit the facilities being constructed as part of the Yamal megaproject. Gazprom’s experts visited the Bovanenkovo field which will serve as the basis for establishing a new large gas
Spectra Energy Corp today reported 2010 net income from controlling interests of $1.05 billion, or $1.61 diluted EPS, compared with $849 million, or $1.32 diluted EPS in 2009. Ongoing 2010 net income was $1.02 billion, or $1.57 diluted EPS, compared with $759 million, $1.18 diluted EPS, in the prior
Strategic Marine continues to enhance its profile within the offshore support services industry, winning the contract to build four new workboats for Leighton-Saipem Consortium for use by the Chevron operated Gorgon Project. The vessels will be built at the company’s Henderson Shipyards and used to
The overall project cost for the multi billion Kina, PNG LNG Project is expected to increase significantly with the temporary shut down of e… (islandsbusiness) [mappress] Source: islandsbusiness, February 2, 2011;
Marathon Oil Corporation announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent increase from 2010 capital spending. “Having completed a number of major investment projects over the last few years, Marathon’s 2011 budget h
Working meeting between Company’s Chief Executive Officer Alexei ZAGOROVSKIY and Governor of the Arkhangelsk office Ilya MIKHALCHUK was held on the 31st January at the SHTOKMAN DEVELOPMENT AG Moscow office. The meeting was dedicated to review of the results of the activities performed by the Arkhang