Mitsubishi Heavy Industries, Ltd. (MHI) said it will sign an agreement on Friday with Mitsui O.S.K. Lines, Ltd. to build a “Sayaendo” series new-generation liquefied natural gas (LNG) carrier. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull, resulting in significantly improved fuel consumption and maintainability. From [...]
Parkland Fuel Corporation announced its branded distribution agreement for LNG with Shell Canada. The agreement will allow Parkland to deliver Shell LNG to commercial and industrial customers for use in various high horsepower markets including oil & gas exploration, well stimulation applications and off-grid power generation. “The emergence of engine technologies that harness the advantages [...]
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku by SOCAR (State Oil Company of the Republic of Azerbaijan) president and CEO Rovnag Abdullayev [...]
BOC and its subsidiary company Elgas have secured a major contract valued at approximately $8 million to supply LNG to Nestlé’s coffee factory in Gympie, Queensland. The five-year contract commencing in March 2013 is for approximately five tonnes of LNG per day. BOC’s sales manager for LNG, David McCowatt, said the LNG would be used [...]
Nakilat, Qatar’s premier gas transporter, has signed a Memorandum of Understanding (MoU) for collaboration in areas of mutual interest with the state energy company of Algeria and Africa’s largest oil and gas company, Sonatrach. The MoU was signed last night in the presence of HE Sheikh Hamad bin Jassim bin Jabor Al Thani, Prime Minister [...]
Cheniere Energy Partners said that its subsidiary, Sabine Pass Liquefaction has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Centrica plc under which Centrica has agreed to purchase 91,250,000 MMBtu of annual LNG volumes upon the commencement of Train 5 operations. These volumes represent approximately 1.75 million metric tons per [...]
ONGC of India will next week sign a deal to conduct a feasibility study of setting up a liquefied natural gas import terminal at Mangalore, local media reported. The Memorandum of Understanding will be signed by ONGC, Bharat Petroleum (BPCL), Mitsui of Japan and New Mangalore Port Trust, according to the reports. The LNG import [...]
Russia’s largest independent gas producer Novatek plans to sign the EPC contract on construction of the Yamal LNG terminal in one-two weeks, the company’s CFO Mark Gyetvay said, Interfax informs. He also revealed that, after the signing, the company can provide a more exact figure concerning construction costs. The current cost estimate is $20 billion. The [...]
NABUCCO Gas Pipeline International GmbH said it has signed a Memorandum of Understanding and Co-operation (MoU) with the Trans Anatolian Pipeline (TANAP), in which the two parties formally agree to co-operate on the development of the Southern Gas Corridor. The MoU states that NABUCCO and TANAP will exchange technical and other strategic information and “cooperate [...]
PetroChina said it has entered into a set of agreements with ConocoPhillips in Beijing. Under these agreements, PetroChina will acquire 20% interest in the Poseidon offshore discovery in the Browse Basin, and 29% interest in the Goldwyer Shale onshore Canning Basin, both in Western Australia. In addition, PetroChina and ConocoPhillips will enter into a Joint [...]
