The ministry of law has asked the petroleum ministry to go for fresh bidding of both long- and short-term LNG import projects and not to was… (dawn) [mappress] Source: dawn, December 24, 2010;
Norton Rose (Asia) LLP, the international legal practice, announced that Ashley Wright is to join the energy team in Singapore as a partner, to lead the oil and gas team in Asia Pacific. Ashley joins from Ashurst in Singapore, where he is a partner in the energy team. Ashley is highly experienced in
MEO Australia Limited has been advised that the Delegate of the Designated Authority for the Territory of Ashmore and Cartier Islands offshore area has approved the acquisition by MEO of a 100% interest in AC/P50 & AC/P51 from Silver Wave Energy Pte Ltd and has duly registered the associated dealing
Kunlun Energy Co, a Hong Kong-based oil producer and gas supplier said that it is to accelerate its business expansion and acquire more gas… (chinadaily) [mappress] Source: chinadaily, December 24, 2010;
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties signed a Supplementary Agreement which extends the Strategic Partnership Agreement until December 31, 2012
Repsol yesterday received the first shipment of LNG from Qatargas, under a multiyear agreement which secures supply for the Canaport LNG terminal. The arrival of the Q-Max LNG tanker, the biggest in the world, highlights Canaport LNG Facility’s design and technological excellence as the only termina
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million. The $39/share deal is in line with the most significant sales carried out during the last few weeks with YPF stock. Eton Park has acquired a 1.63% stake in YPF, for $250 million. Similar
FLEX LNG Announced that the company is in discussions with SHI to restructure the commercial relationship between the two companies. FLEX LNG and SHI have in December 2010 completed initial discussions to agree upon a process with a target to sign binding amended terms to the commercial relationship
An Australian company has beaten off stiff overseas competition to win a multi-million dollar contract to supply specialist telecommunications rooms along the route of the inland pipeline for Papua New Guinea’s US$15 billion liquefied natural gas project. Perth-based Lowrie Constructions Limited wil
Norwegian LNG cargoes have been despatched to the UK and US, despite the shutdown of the Snohvit liquefaction train… (argusmedia) [mappress] Source: argusmedia, December 23, 2010;
Energy company Eneco has signed a multi-year agreement with Gate terminal for the yearly throughput of one billion cubic metres natural gas to Eneco’s end users (customers and power stations). The supply of gas from Gate terminal at Rotterdam-Maasvlakte, with Gasunie and Vopak as main shareholders,
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 30, 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
Drilling and formation evaluation operations have been completed at Encounter-1, the first of a two well shale gas exploration program. The well has been cased and suspended for future fracture stimulation. Encounter-1 was drilled outside of structural closure and penetrated 393 metres of the target
State-owned NTPC today said it hoped to get liquefied natural gas (LNG) from Qatar by next financial year… (business standard) [mappress] Source: business standard, December 23, 2010;
