![RasGas Takes Centre Stage at World LNG Summit (Spain)]()
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. “Demand growth is predicted across all [...]
![Golar LNG: Share Options (Bermuda)]()
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, World Shipholding, has subsequently purchased [...]
![Eidesvik Offshore Confirms Vessel No 2 with Kleven Maritime (Norway)]()
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 Kleven Verft in [...]
![Adelaide Energy Limited: Maryborough Basin Permit Purchase Completed (Australia)]()
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 announce that is has now completed the purchase [...]
The Memorandum of Understanding (MoU) of the multibillion dollar Brass Liquefied Natural Gas (LNG) Project will be signed between Bayelsa… (234next) Source: 234next, November 30, 2010;
![Australia: Beach Energy Completes Due Diligence on Impress Energy]()
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 requirements on schedule and look forward to successfully completing [...]
![Golar LNG Dividend Information (Bermuda)]()
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. Source: Golar LNG, November [...]
![Cheniere Signs MOU with Gas Natural SDG for Bi-Directional Processing Capacity at the Sabine Pass LNG Terminal (USA)]()
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 million tonnes per annum at the Sabine Pass LNG terminal located in [...]
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![India: Planning Commission to Set Up a Body for Uniform Gas Price]()
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) Source: business-standard, November 29, 2010;
![Long-Term Growth in Shale Gas Production Expected to Play Role in Shaping Demand for Middle East LNG]()
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 Chapman. Euro-Petroleum Consultants (EPC), a leading independent supplier of experienced consulting advice [...]
