STX Europe AS is considering a listing (the “Listing”) of its offshore and specialized vessels division (“OSV”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Prior to the Listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a wholly-owned Singapore subsidiary – STX OSV [...]
THE Brass LNG Project may cost over $15bn, a top official in one of the shareholding companies involved in the project, told our correspon… (punchontheweb) Source: punchontheweb, September 30, 2010;
INPEX CORPORATION is pleased to announce that through its wholly owned subsidiary, INPEX South Makassar, Ltd. (INPEX), it has been granted the approval of the Indonesian Government to acquire a 15% participating interest in the Sebuku Block from Pearl Oil (Sebuku) Limited (Pearl Oil). Sebuku Block is located 300km south of the Offshore Mahakam Block, [...]
The natural gas industry looks forward to working directly with the Climate Change Committee and as a member of its business roundtable to establish a policy response to climate change that is fair, national, environmentally effective, and able to deliver abatement at least cost. Chief Executive of the Australian Petroleum Production & Exploration Association (APPEA), [...]
Japan is considering increasing purchases of Russia’s liquefied natural gas (LNG) in 2011 due to Indonesia’s plans to reduce exports, Kohei… (RIA Novosti) Source: RIA Novosti, September 30, 2010;
Mitsui & Co., Ltd. (“Mitsui”) and Tokyo Gas Co., Ltd. (“TGC”) announced today that MT Falcon Holdings Company S.A.P.I. de C.V. (Mitsui: 70%, TGC: 30%) (“Falcon”) has signed a USD 750 million (approximately JPY 68 billion) project financing agreement on September 29 (US Eastern Daylight Time) with Japan Bank for International Cooperation and three commercial [...]
RasGas Company Limited’s Operations Group (Onshore) recently achieved 20 million man hours without a single lost time incident (LTI) – a safety milestone considered unparalleled in the energy industry. Speaking on behalf of RasGas, Hamad Mubarak Al Muhannadi, RasGas’ Operations Group Manager and Acting Managing Director said: “Reaching such a milestone is a clear indication [...]
Sakhalin Energy’s LNG plant is now producing at its design capacity, 9.6 million tonnes, company head Andrei Galaev told journalists… (interfax) Source: interfax, September 29, 2010;
Hallin Marine Subsea International Ltd, a Superior Energy Services company, has been awarded and carried out a free span correction contract offshore Taiwan. The contract was awarded by the CPC Corporation, Taiwan (CPC), and was carried out in water depths of between 80 and 110 metres by Hallin ROVs and Saturation divers working from its [...]
PT Pertamina (Persero) targets the signing of two gas contracts on the accelerated development of the floating storage and regasification un… (bisnis) Source: bisnis, September 29, 2010;