National oil company Petroliam Nasional Bhd (Petronas) saw its second quarter net profit down 0.8 per cent to RM11.9 billion from just under… (themalaysianinsider) [mappress] Source: themalaysianinsider, December 1, 2010;
Statoil has awarded the contract for the design and construction of the Åsgard subsea gas compression to Aker Solutions. The contract is worth an estimated NOK 3,4 billion. In October 2010 the Åsgard licence decided to go ahead with its concept involving gas compressors installed on the seabed, so-c
German utility RWE is in talks to supply liquefied natural gas to more Middle East countries, David Fuller, global head of LNG trading for R… (yahoo news) [mappress] Source: yahoo news, December 1, 2010;
At the opening session of the CWC 11th Annual World LNG Summit in Barcelona, Spain, delegates’ attention was focused on RasGas Company Limited (RasGas) when Khalid Sultan Al Kuwari, its Marketing Executive, gave a keynote address titled, “The future is upon us”. Al Kuwari’s message was an upbeat one
Mr. John Fredriksen, Chairman of the Board, President and Director of Golar LNG Limited (“Golar”) has exercised 200,000 share options in Golar. The options have a strike price of $5.75 per share. Mr. Fredriksen has sold the same shares at NOK 88.50 per share. An affiliated party of Mr. Fredriksen, W
In July this year Kleven Maritime entered into a contract with Eidesvik Offshore for the delivery of one advanced Platform Service Vessel of the VS 489 LNG design, with one optional vessel to be declared before December 1st 2010. This option has now been declared. The vessels are to be outfitted at
Adelaide Energy Ltd (ADE) announced on 12 January 2010 the execution of an Agreement for the purchase of interests in 3 permits in Queensland’s Maryborough Basin. After extensive dealings with various Native Title groups and Queensland Government regulators over the course of 2010, ADE is pleased to
The Memorandum of Understanding (MoU) of the multibillion dollar Brass Liquefied Natural Gas (LNG) Project will be signed between Bayelsa… (234next) [mappress] Source: 234next, November 30, 2010;
Beach Energy Ltd is pleased to announce that it has completed due diligence on Impress Energy within the timeframe contained in the Merger Implementation Agreement for its proposed merger with Impress. Beach Managing Director Reg Nelson said: “We are pleased to have met our due diligence requirement
Reference is made to the third quarter 2010 report released on November 26, 2010. Golar LNG will be trading ex-dividend of a cash dividend of $0.25 per share on December 6, 2010. The record date is December 8, 2010, and the dividend will be paid on or about December 22, 2010. [mappress] Source: Gola
Cheniere Energy Partners, L.P. announced today that its subsidiary, Sabine Pass Liquefaction, has entered into a non-binding memorandum of understanding with Gas Natural Fenosa, in relation to the potential acquisition by Gas Natural Fenosa of certain bi-directional LNG processing capacity up to 1.5
In an effort to make prices uniform for consumers, the Oil Ministry has asked Planning Commission to set up a committee to suggest a mechani… (business-standard) [mappress] Source: business-standard, November 29, 2010;
Investment in the development of shale gas, a natural gas recovered through a careful procedure involving horizontal drilling and hydraulic fracturing in the US and Europe could present Middle East markets with a reduction in demand according to Euro-Petroleum Consultants’ (EPC) President, Colin Cha
Anadarko Petroleum Corporation today announced its third major natural gas discovery this year in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. The discovery well encountered a total of more than 550 net feet of natural gas pay in multiple high-quality Oligocene and Eocen
