GE today announced its intention to make an offer for 100% of Wellstream Holdings PLC, a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the subsea production industry. The terms of the transaction, which value Wellstream’s share capital
MEO Australia Limited advises that since the last progress report, the 9-5/8” casing was run and cemented to a depth of 2,971m MDRT and the 8-1/2” hole was drilled through the target reservoirs to a total depth of 3,500m MDRT over the weekend. No hydrocarbons were encountered in the objective reserv
Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 16, 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
Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and delivered to the
Cheniere Energy, Inc. announced today that its wholly owned subsidiary, Cheniere Common Units Holding, LLC, has reached an agreement with its lenders to amend certain provisions of the Credit Agreement dated August 15, 2008, for the 2008 Convertible Loans due 2018. The outstanding balance of the Loa
Hudong-Zhonghua Shipbuilding (Group) has been selected to build the country’s first LNG carrier export order for a Japanese owner… (simic) [mappress] Source: simic, December 10, 2010;
Taiwan, the third-biggest importer of liquefied natural gas in Asia, imported 926,810 tons of LNG in October, up 1.5% from 913,013 tons a ye… (chinaknowledge) [mappress] Source: chinaknowledge, December 10, 2010;
Australia Pacific LNG has confirmed that a comprehensive investigation into traces of BTEX found in produced water from its coal seam gas exploration activities in October has been completed. Findings from the investigation confirm that there is no significant risk to the environment or human health
Waterborne, the global leader in monitoring and analyzing LNG markets, announced today that during the month of November 2010, European LNG import volumes set a new, unprecedented record high. According to Steve Johnson, president of Houston-based Waterborne, Europe imported a staggering 302 bcf – s
KM LNG Operating General Partnership, an affiliate of Apache Corporation, today announced that it has filed a licence application with the Canadian National Energy Board (NEB) for approval to export liquefied natural gas (LNG) from the planned Kitimat LNG Terminal located at Bish Cove, British Colum
Following the acquisition of wireline data from the Encounter-1 exploration well (PEL-218 Permian, Beach 90%) in the Nappamerri Trough of the Cooper Basin, Beach Energy Ltd has determined the prospective shale interval is considerably thicker than anticipated. The Roseneath shale intersection was or
The Economic Co-ordination Committee (ECC) of the Cabinet may scrap the proposed multibillion dollars Pakistan Mashal LNG Project (PMLP) dea… (brecorder) [mappress] Source: brecorder, December 10, 2010;
A survey of transport fleets and equipment manufacturers by Zeus Development Corp has determined that the world fleet of LNG tank trailers has grown eightfold in little more than a decade, from 250 units to more than 2,000. Increasingly, LNG is being transported beyond import terminals by shuttle ta
