LNG

Anadarko has encountered more gas reserves in its Lagosta 3 appraisal well, providing more gas for its proposed LNG liquefaction project.

A joint venture between Thiess and EV LNG Australia (EVT) has won an approximately US$ 500 million contract to build LNG storage and condensate tanks for the Chevron operated Wheatstone project.

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 has reported significantly increased quarterly and annual profits.

A dedicated cluster group has been launched by ITF in Australia to drive forward the country's oil technology development.

Encana Corp. has signed an agreement with Mitsubishi Corp. for the sale of 40% of the Cutbank Ridge partnership.

Because of its deals with the Kurdistan region, ExxonMobil has been banned from the latest round of bidding in Iraq.

Santos has announced that a new gas reservoir offshore Bangladesh has been discovered.

Fugro has announced winning a GTL maintenance contract with Shell.

Wilhelmsem Technical Solutions has announced that it has received an important order from Dynagas.

Delays in unlocking China’s shale reserves may support a growing demand for LNG

The world’s largest shipbuilding company has agreed to an order for US$ 1.1 billion worth on construction projects.

At a recent meeting held by Gazprom executives, further headway was made into the Black Sea South Stream pipeline project.

The partners of JKC JV have signed a contract worth US$ 15 billion with the Japanese owners of the project, Inpex.

The American Petroleum Institute say the President’s budget would tax one of the nation’s biggest job creators.