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News1 to 10 on 777    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 1 17 / 12 / 2010  Total
 
 Total announced the signature of an agreement to acquire an additional 7.5% interest in Australia’s GLNG (Gladstone LNG) project from Santos for an amount of US $281.25 million. This will increase Total’s overall stake in the project to 27.5%. Once the transactions have been finalized, operator Santos will hold 30%; Petronas, 27.5%; Total, 27.5%; and Kogas, 15%. The integrated LNG project consists of extracting coal seam gas from the Fairview, Arcadia, Roma and Scotia fields, located in the Bowen-Surat Basin in Queensland, eastern Australia.

Natural gas - Asia
Australia - Liquefaction - Finance - Total
 
 2 2 / 12 / 2010  Chevron
 
 Chevron Deepwater Gas Project in Indonesia Enters Design Phase. Major front-end engineering and design contracts awarded for for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. Gas from the project will be used both domestically and also converted to liquefied natural gas (LNG) at the Bontang LNG facility in Indonesia for export. Maximum daily production from the project is expected to be 1.1 billion cubic feet of natural gas and 31,000 barrels of condensate.

Natural gas - Asia
Indonesia - Development - Project - Chevron
 
 3 1 / 12 / 2010  ConocoPhillips
 
 ConocoPhillips announces first LNG shipment from Qatargas 3 project (QG3). The cargo departed from Ras Laffan Industrial City, Qatar, bound for the Canaport LNG Terminal in Saint John, New Brunswick, Canada.

Natural gas - Middle East
Qatar - Marketing - Commissioning - ConocoPhillips
 
 4 8 / 11 / 2010  Shell
 
 Shell reduces its interest in Woodside; underwriting agreement with UBS AG, for the sale of 78.34 million shares in Woodside, representing 29.18% of its interest in Woodside and 10.0% of the issued capital in Woodside at a price of A$42.23 per share. "we will increasingly focus our investment in Australia through direct interests in assets and joint ventures, rather than indirect stakes."

Natural gas - Asia
Australia - LNG - Finance - Shell
 
 5 31 / 10 / 2010  BG Group
 
 BG Group sanctions Queensland Curtis LNG project. The first phase of the liquefaction plant will consist of two LNG trains with a combined capacity of 8.5 million tonnes per annum (mtpa). Over the next four years (2011-2014), BG Group plans to invest approximately US$15 billion in developing the liquefaction plant and related wells, field facilities and pipelines. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 mtpa of LNG.

Natural gas - Asia
Australia - LNG - Project - BG Group
 
 6 9 / 9 / 2010  Total
 
 Australia: Total Acquires a 20% Interest in GLNG Project for US$750 million dollars (as of June 1, 2010), Santos and Petronas transferring 15% and 5% respectively to Total. The plant will have a capacity of 7.2 million tonnes a year (Mt/y). Pursuant to the agreement Total will have the commitment to offtake 1.5 Mt/y of LNG, depending however on the result of ongoing discussions between the GLNG project and several Asian buyers.

Natural gas - Asia
Australia - Liquefaction - Finance - Total
 
 7 23 / 8 / 2010  Shell
 
 Shell and PetroChina complete Arrow Energy acquisition. The acquisition follows an offer in March 2010 to purchase 100% of the shares of Arrow by CS CSG (Australia) Pty Ltd, a 50/50 joint venture company owned by Shell Energy Holdings Australia Limited and a subsidiary of PetroChina Company Limited. CS CSG (Australia) Pty Ltd agreed to pay A$4.70 cash per share for all of the shares in Arrow, representing a total consideration of approximately A$3.5 billion.

Coal - Asia
Australia - CBM - Finance - Shell
 
 8 16 / 8 / 2010  Chevron
 
 Chevron Announces Significant Natural Gas Find in Australia. Acme-1 discovery represents ninth discovery in 12 months offshore Western Australia. Drilled in 2,880 feet (878 m) of water to a depth of 15,469 feet (4,715 m), the well encountered approximately 896 feet (273 m) of net gas pay.

Natural gas - Asia
Australia - Discovery -  - Chevron
 
 9 12 / 8 / 2010  Chevron
 
 Chevron Announces Natural Gas Discovery in Frontier Exmouth Plateau Area of the Carnarvon Basin offshore Western Australia. Brederode-1 discovery continues recent exploration and drilling success. Situated in 4,550 feet (1,387 m) of water, the well was drilled to a depth of 9,022 feet (2,750 m) and encountered approximately 49 feet (15 m) of net gas pay.

Natural gas - Asia
Australia - Discovery -  - Chevron
 
 10 7 / 8 / 2010  Shana
 
 NIOC reconsidering LNG production, noting that some LNG projects including those in South Pars gas field phases 13 and 14 have been suspended. Currently gas export via national network is more economical, at disposal and faster while LNG exports need huge investment, complex technology and a long process for production and export.

Natural gas - Middle East
Iran - LNG - Policy - Shana
 
News1 to 10 on 777    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   


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