Technip inaugurated today its Asiaflex Products flexible pipe manufacturing facility located in Tanjung Langsat, Malaysia. This new plant will allow the Group to further develop in the growing Asia Pacific and Middle East Subsea oil & gas markets. Asiaflex Products is the first flexible pipe manufac
INPEX CORPORATION announced today that its affiliate, INPEX Masela, Ltd. (INPEX Masela) and PT EMP Energi Indonesia (EMPI), a subsidiary of PT Energi Mega Persada Tbk. (EMP), which is a leading Indonesian upstream oil and gas company, have completed the necessary procedures for the transfer of a 10%
Woodside advises that the Remy-1 well in permit WA-404-P has intersected approximately 33 metres and 39 metres of gross gas over two separate zones within the Triassic target. The well has also successfully appraised the Martell gas discovery. The well has reached a total depth of 4555 metres. Curre
Repsol YPF S.A.’s Board of Directors today agreed to distribute a gross interim dividend of 0.525 euros per share from the 2010 earnings. This dividend represents a 23.53% increase compared to the previous year and would be equivalent to a total dividend of 1.05 euros per share for the year 2010. Th
Beach Energy Limited (Beach) and ITOCHU Corporation (ITOCHU) have identified potential South Australian sites for a proposed mid-scale Liquefied Natural Gas (LNG) facility. The Memorandum of Understanding between Beach and ITOCHU, relating to a proposed LNG facility, has progressed as a result of di
BP Egypt announced today that it has made a significant gas discovery in the Deepwater West Nile Delta area. The Hodoa discovery is located in the West Mediterranean Deepwater, Nile Delta concession, some 80 km northwest of Alexandria. The WMDW-7 well was drilled to a depth of 6350 metres and is the
Shanghai Petroleum Exchange Ltd., a Shanghai-based market for fuel exchanges, said it will launch China’s first LNG (liquified natural gas)… (people’s daily) [mappress] Source: people’s daily, November 24, 2010;
MISC Berhad (MISC) is pleased to announce its Group financial results for the 6 months ended 30 September 2010. For the second quarter ended 30 September 2010, the Group’s profit before taxation (PBT) of RM416.3 million was 159.2% higher than the corresponding quarter’s PBT of RM160.6 million. The h
CG/LA Infrastructure is excited to announce the participation of the Nord Stream AG Natural Gas pipeline project, valued at US$10.11 billion, at the 4th Annual Global Infrastructure Leadership Forum to be held from January 19-21 in New York City. Nord Stream is a joint project of five major companie
The Board of Directors meeting has adjourned at the Company’s headquarters. The Board of Directors addressed the information on the action plan to consolidate Gazprom’s positions in the markets of Europe, Asia and North America as well as on the plans to enter new markets. The Gazprom Management Com
Santos today announced that appraisal drilling and wireline logging of the Spar-2 well in WA-4-R, located in the Carnarvon Basin offshore Western Australia, has confirmed 55 metres of net gas pay in the primary target Upper Barrow reservoir. The target reservoir has demonstrated very high productivi
The United Shipbuilding Corporation intends to bid for contracts in the Yamal LNG project… (barentsobserver) [mappress] Source: barentsobserver, November 24, 2010;
Hamworthy plc, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announces its interim results for the six months ended 30 September 2010. Financial highlights · Revenue decreased by 17.2% to £83.1 million (H1 2009: £100.4 million) · Operating pro
Ofgem today published initial proposals for the price control of Liquefied Natural Gas (LNG) storage facilities run by National Grid Liquefied Natural Gas (NG LNG). NG LNG owns and operates three LNG storage facilities offering a combination of commercial and regulated services. The regulated servic
