Archive for: August, 2011

LNG Energy Increases Financing Size (Canada)

LNG Energy Increases Financing Size (Canada)

LNG Energy Ltd. announced that it has amended the terms of its previously announced financing to increase the size of the offering from $15,000,000 to $17,500,000. The Company has entered into an amended and restated underwriting agreement with a syndicate of underwriters led by Paradigm Capital Inc. and including Canaccord Genuity Corp., Fraser Mackenzie Ltd. [...]

Golar Expects Tightening LNG Market to Reach Crescendo Next Year (Norway)

Golar Expects Tightening LNG Market to Reach Crescendo Next Year (Norway)

Golar LNG Ltd. expects the tightening market for shipping liquefied natural gas will reach a crescendo next year, Chief Executive Officer Do… Source: bloomberg, August 31, 2011;

Australia: APLNG, GLNG and QGC Form Collaborative LNG Industry Forum

Australia:  APLNG, GLNG and QGC Form Collaborative LNG Industry Forum

The Gladstone based liquefied natural gas (LNG) companies – Australia Pacific LNG, GLNG and QGC – have joined with community representatives to form a collaborative forum to directly involve and engage the community in LNG projects, keep them abreast of industry developments and provide an avenue for constructive feedback.  Acting independent Chair of the Gladstone [...]

TPI Mega Line Secures Gorgon LNG Contract (Australia)

TPI Mega Line Secures Gorgon LNG Contract (Australia)

South Korean heavy transportation company TPI Mega Line has introduced the newest vessel in its fleet, the Mega Caravan II, on August 25, 2011. The newest heavy lift deck carrier in the fleet is one of the three company vessels contracted by the Gorgon Joint Venture. TPI Mega Line has been awarded three transportation contracts [...]

Iran: SP Phase 15, 16 Pipe Laying Near Completion

Iran: SP Phase 15, 16 Pipe Laying Near Completion

Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is going [...]

Norway: Awilco LNG Posts Q2 2011 Results

Norway: Awilco LNG Posts Q2 2011 Results

Awilco LNG today announced second quarter 2011 results. Highlights Second Quarter • In April and May Awilco LNG completed private placements raising a total of MUSD 150.5 in new equity. • In May Awilco LNG signed Shipbuilding contracts and Option agreements for the construction of two (+ two optional) 156,000 cbm LNG newbuilding vessels to [...]

Australia: No Heritage Listing for Browse LNG Site

Australia: No Heritage Listing for Browse LNG Site

Woodside Petroleum has accepted the federal government’s heritage listing of parts of the west Kimberley but downplayed the heritage value o… (thewest) Source: thewest, August 31, 2011;

MEO Australia Buys 3D Seismic Survey in WA-361-P

MEO Australia Buys 3D Seismic Survey in WA-361-P

MEO Australia Limited announced that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close proximity to the existing North West Shelf Gas [...]

Qatar LNG Exports to Japan Rise

Qatar LNG Exports to Japan Rise

Qatar is about to overtake Indonesia as the third-largest exporter of liquefied natural gas to Japan, which has been increasing LNG imports… (gulf-times) Source: gulf-times, August 31, 2011;

China: Fujian Boosts LNG Imports by 67 Percent

China: Fujian Boosts LNG Imports by 67 Percent

Southeastern China’s Fujian Province boosted liquefied natural gas (LNG) imports by 67.10 percent year-on-year to 1.32 million tons in the first seven months of 2011 due to booming natural gas demand, according to figures released Aug. 29 by Fuzhou City’s customs office. LNG imports over the period were worth $430 million with import prices averaging [...]


 

 


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