Apache Corporation said today that three successful wells appraising the Balnaves-1 discovery in License WA-356-P offshore Western Australia will trigger development planning by subsidiary Apache Julimar Ltd Pty. Balnaves is an oil accumulation in the Mungaroo formation in a separate reservoir benea
Santos today announced the successful launch and pricing of a €300 million follow-on hybrid issue (approximately A$420 million). This follows Santos’ debut issue of a €700 million 100% equity credit Euro hybrid which settled on 22 September 2010. This will bring the total amount of hybrid capital ra
CNOOC Shanghai LNG terminal in 2010 may receive about 1.4 million metric tons (tonnes) of LNG, Dow Jones cited a company official Wednesday… (tradingmarkets) [mappress] Source: tradingmarkets, October 14, 2010;
China will energetically expand LNG import in the coming 10 years to satisfy the growing domestic demand, so the annual import volume is pre… (istockanalyst) [mappress] Source: istockanalyst, October 14, 2010;
Total announces that its affiliate TOTAL E&P Borneo and its partners made a significant new gas and condensate discovery in Block B offshore Brunei. Well ML-5, located in a water depth of 65 metres and around 50 kilometres from the coastline, was drilled 8 kilometres to the south of the Maharaja Lel
Marubeni Corporation (“Marubeni”) has agreed with BW Gas Limited, Bermuda (“BWG”) to acquire 49% interest of 8 LNG carriers (“8 LNGCs”) presently owned by BWG under long-term time charter to Nigeria LNG Limited (“NLNG”). Marubeni’s acquisition cost is about US$ 700 million (equivalent to JPY about 6
GEA has received 3 major orders worth EUR 28 million for the supply of Air Cooled Heat Exchangers to projects of the oil and gas industry. For a new LNG (Liquefied Natural Gas) plant in the southern highlands of Papua New Guinea which is under development by Exxon Mobile and its joint venture partic
Eastern Star Gas (ESG) today announced it has entered into an agreement with Marubeni Corporation putting in place a series of prospective arrangements to expedite commercialisation of ESG’s proposed LNG Newcastle (LNGN) Project. Objectives of the agreement with Marubeni include: – ESG making availa
Chairman of Golar LNG Energy Limited, Tor Olav Troim has through Drew Investment Limited purchased 750,000 shares in Golar LNG Energy Limited on October 12th, 2010. The shares have been acquired at NOK 9.89 per share. Drew Investments Limited’s total holding in Golar LNG Energy Limited after this tr
Workers at France’s three LNG terminals will not unload further cargoes until at least 15 October, a spokesman for the FNEM-FO union said to… (argusmedia) [mappress] Source: argusmedia, October 14, 2010;
INPEX CORPORATION announced today that INPEX and its partner Total E&P Indonesie, operator of the Mahakam PSC, signed a Heads of Agreement with PT Nusantara Regas pertaining to the supply of 11.75 million tons of Bontang LNG over the period of 2012-2022 to the West Java LNG terminal, the first LNG r
Baker Hughes announced today that BJ Services, a Baker Hughes company, was awarded a USD multimillion contract by Woodside to provide casing and tubing running services for Pluto development in Australia. Work associated with the three-year contract began in May 2010 on various wells in Woodside’s o
The Swedish port of Gothenburg plans to establish a new infrastructure to facilitate the use of liquefied natural gas (LNG) as fuel for ship… (portworld) [mappress] Source: portworld, October 13, 2010;
Santos today announced the appointment of Andrew Seaton to the role of Deputy Chief Financial Officer. Mr Seaton will assume the role of Chief Financial Officer when Peter Wasow retires at the end of 2010. Mr Seaton, 45, joined Santos in 2005 and has over 20 years oil and gas experience, encompassin
