Baker Hughes Incorporated announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in Octob
Noble Energy, Inc. yesterday announced its 2013 capital program and guidance, and provided updates to the fourth quarter of 2012. Total capital expenditures are estimated at $3.9 billion for the year. The capital program allocates 60 percent to onshore U.S., six percent to the deepwater Gulf of Mexi
H. E. Dr. Ahmed bin Mohammed al Futaisi, the Minister for Transport and Communication, stated that the Salalah port development program is extremely important for the whole country, reports zawya.com. He said: “The expansion at this vital port is part of a wider vision for future projects for the po
Gulf LPG Transport Company, a Qatari liquefied petroleum gas (LPG) shipping company owned jointly by Milaha and Nakilat, has secured financing amounting to US$200m from Qatar National Bank (QNB) in a deal brokered by Nakilat, Qatar’s premier gas transporter. The transaction was completed with attrac
Yemen LNG said it has appointed Randy Ray as Finance Manager effective 1st January 2013. Ray will replace Kevin Gardner who has served as Finance Manager since April 2005. [mappress] LNG World News Staff, December 6, 2012
DNV awarded the ISRS rating to Yemen LNG after an audit of the company’s business processes, Yemen LNG said in a statement. The DNV rating confirms the excellence of Yemen LNG organization at the highest international standards, the company said. ISRS is a world leading system to assess, improve and
Yemeni authorities and business community bid farewell to the Yemen LNG General Manager Francois Rafin and welcomed successor Jacques Azibert at a luncheon on 4th of December. Jacques Azibert will take over from Francois Rafin on 1st January 2013. The event was attended by the shareholders of Yemen
Qatargas has delivered a paper titled ‘Natural Gas for a Global Sustainable Energy Future’ at an LNG symposium conducted by the International Gas Union (IGU) on the sidelines of the COP 18 conference being held in Doha. The paper showcased Qatargas’ role in providing a sustainable energy mix to over
Rating agency Standard & Poor’s (S&P) has reaffirmed Nakilat Inc.’s AA- rating with a stable outlook. Strong experience in managing liquefied natural gas (LNG) shipping, a reliable operating track record since delivery of its first LNG vessel in August 2008, and improving profitability were among th
DP World Senior Vice President and Managing Director of UAE Region, Mohammed Al Muallem, has won the Seatrade Outstanding Achievement Award at the Seatrade Middle East and Indian Subcontinent 2012 Awards ceremony. The prize was presented by Sheikh Khalil bin Ahmed Mohamed Al Salmi, Deputy CEO, Oman
Iran is due to build an oceangoing research vessel in the next six months, Managing Director of the Iranian National Institute for Oceanography (INIO) Vahid Chegini said, adding that the country will also unveil several books and software about oceanography soon in future. “Several books and softwar
Pakistani Minister of Oil and Natural Resources Asim Hussain says the construction of Iran-Pakistan (IP) gas pipeline will benefit both countries. Iranian and Pakistani officials in a meeting conferred on the latest developments in economic relations between the two countries, especially in the fiel
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announced that James Moffat has been appointed as Chief Executive Officer effective March 1st, 2013. Prior to his appointment, Mr Moffat was the exe
A delegation of senior management from Qatar Petroleum recently visited the construction site of Barzan Gas Project in Ras Laffan. Overall progress of this key project, critical to meeting Qatar’s future energy needs, has recently surpassed 50% as the gas processing facilities are now taking shape.