Inpex Gas British Columbia Ltd. has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard basins from Nexen Inc. This will be the first time that Inpex have invested in a shale gas development.
A round up of late November downstream news for the Asia and Pacific regions.
InterOil Corporation and Pacific LNG Operations Ltd. have signed a Heads of Agreement (HOA) with Gunvor Singapore Pte. Ltd., for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.
Anadarko has made another significant gas discovery at its Barquentine-3 appraisal well, with this find the company should have enough gas reserve sin place to push on with its liquefaction plant development.
Somali pirates operating out of the failed state have been posing a serious threat to shipping which passes through the region, taking many ships and their crew hostage, but what specific threat do these attacks pose to LNG carriers?
Girish Shirodkar, Strategic Decisions Group, India, provides an overview of the ASEAN members, centring on the strategic apparatuses in place to fuel future growth in South East Asia.
Bit Viking, which is owned by Sweden's Tarbit Shipping, was converted under supervision from Germanischer Lloyd (GL) and now qualifies for lower nitrogen oxide (NOx) emission taxes under the Norwegian government's NOx fund scheme.
Cheniere Energy Partners, L.P. has entered into a LNG sale and purchase agreement (SPA) with Gas Natural Aprovisionamientos, a subsidiary of Gas Natural Fenosa, under which Gas Natural Fenosa has agreed to purchase 3.5 million tpa of LNG over a 20 year period.
Wärtsilä Corporation has reached agreement with the Board of Hamworthy plc, a UK listed ship-based LNG regaisfication company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy.
Petrofac, the international oil & gas facilities service provider, has secured a £1.4 million Work Management Systems development & implementation contract with the Queensland Gas Company (QGC), a wholly owned subsidiary of BG Group.
Wärtsilä is in advanced discussions with Hamworthy regarding an 825 pence per ordinary share cash offer. Hamworthy are producers of ship based LNG regasification systems.
DNV are to class Dockwise’s new heavy lift vessel, the Dockwise Vanguard, the vessel is the world’s largest heavy lift vessel and can lift weights of to 110,000 tonnes.
Australia Pacific LNG Pty Limited and The Kansai Electric Power Company today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.
GDF SUEZ and Petronet LNG Limited have just signed an agreement extending along 2012 under which GDF SUEZ will sell Petronet approximately 0.6 million tons (nine cargoes) of LNG.
Cheniere Energy Partners, L.P. and Bechtel Oil, Gas and Chemicals, Inc. have entered into a lump sum turnkey contract for the engineering, procurement and construction of the first two liquefaction trains at the Sabine Pass LNG terminal.