The Export-Import Bank of the United States (Ex-Im Bank) has authorized a $2.95 billion direct loan to support U.S. exports to the Australia Pacific liquefied natural gas (LNG) project. The transaction is Ex-Im’s second-largest single-project financing in history and is also the Bank’s first LNG project in Australia. The project on Curtis Island in south-central [...]
Cove Energy plc, the AIM quoted upstream oil and gas company, together with operator Anadarko Petroleum, provides the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique (Area 1 Rovuma Offshore). Testing of the Barquentine-1 well [...]
May 4, 2012 | Posted in
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Dart Energy International Pte Ltd, the international operating arm of Dart Energy Limited, provides the following update on a number of key developments in its European operations, being: Completion of BG licence restructure Completion of Greenpark Energy acquisition Exercise of option to acquire 2 CBM and shale prospects in Germany Ongoing PEDL133 progress towards production [...]
May 2, 2012 | Posted in
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Woodside has started producing LNG from its Pluto LNG Project near Karratha in Western Australia and will soon be loading its first cargo aboard the Woodside Donaldson LNG tanker, the company said in a statement. Woodside CEO Peter Coleman said the first production of LNG from Pluto was a defining moment in Woodside’s history and [...]
April 30, 2012 | Posted in
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Following the signing by Sumitomo Corporation of a precedent agreement with respect to the bi-directional liquefied natural gas processing services with Dominion Cove Point LNG, LP, the body implementing the Cove Point LNG Project in the State of Maryland, the United States, Sumitomo Corporation has started negotiation with Dominion to conclude a final terminal [...]
April 27, 2012 | Posted in
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Icon Energy today announced that it had signed a drilling contract with Ensign International Energy Services for the Ensign Rig 960. The Ensign Rig 960 will drill two wells, Eolus1 and Windom1 in ATP626P in Queensland and the first well is expected to spud in early May 2012. “With the addition of the two wells [...]
April 20, 2012 | Posted in
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Australia’s Thiess Pty Ltd, a Leighton unit, said it has secured a contract with Bechtel to undertake site preparation works for the downstream portion of the Chevron-operated Wheatstone Project, a LNG and domestic gas project in Western Australia. The total contract value is estimated at AU$450 million. Thiess will undertake the bulk and final-finish earthworks for [...]
April 20, 2012 | Posted in
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Oil Search reporte that as at 06:00 hrs PNG time on 19 April, the P’nyang South 1 ST1 well was at a depth of 2,944 metres and undertaking a formation evaluation programme over the Toro sandstone. Drilling progress for the week was 456 metres. During the week, P’nyang South 1 ST1 drilled through the primary [...]
April 19, 2012 | Posted in
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Exoma Energy announced that it has engaged a second drill rig for its extensive 2012 Galilee Basin exploration program in Central Queensland. This program is being conducted on behalf of the Galilee Joint Venture (Exoma 50%, CNOOC Gas & Power 50%). Exoma has contracted Energy Drilling Australia (EDA), a subsidiary of Ausdrill Limited (ASL), to [...]
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Led by Alexey Miller, Chairman of the Company’s Management Committee, a Gazprom delegation made a business trip to the Republic of Hungary yesterday. During the visit a meeting was held with Viktor Orban, Prime Minister of Hungary. The parties reviewed the progress with the South Stream gas pipeline project, highlighting its strict compliance with the [...]
