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LNG

GE awarded contract for Julimar development project

GE Oil & Gas has received a contract of more than US$ 150 million from Apache in Australia to supply subsea equipment for the Julimar development project, located offshore near Dampier in Western Australia.

 
 
 
 

Yemen LNG diverts more LNG cargos to Asia

Yemen LNG is to divert 20 cargos a year to Korea for the next three years to take advantage of the higher LNG spot prices as the US market has been depressed due to the impact of the shale gas discoveries there.

 

EOG posts huge profits

EOG has reported significantly increased quarterly and annual profits.