Micoperi to build Israeli LNG terminal
State-owned Israel Natural Gas Lines has reportedly signed a deal with Micoperi, the Italian marine contractor, to construct an offshore LNG terminal worth approximately US$ 140 million.
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State-owned Israel Natural Gas Lines has reportedly signed a deal with Micoperi, the Italian marine contractor, to construct an offshore LNG terminal worth approximately US$ 140 million.
Gérard Mestrallet, Chairman and CEO of GDF SUEZ signed two agreements with China Investment Corporation (CIC) and China National Offshore Oil Corporation (CNOOC) illustrating the development strategy of GDF SUEZ in China and in the Asia-Pacific region.
BP’s chief executive Bob Dudley ahs declared that BP has reached a turning point and is now profitable after the last disastrous year that it has been through following the Macondo oil spill.
A quick roundup of downstream news from Asia.
The energy security strategies of states across the region, if not working in cooperation with each other, could have severe geopolitical and economic repercussions in a region where high food and oil prices threaten economic recovery and human security.
The 38 in. gas pipeline that links the block 18 gas field to the Balhaf terminal on the Gulf of Aden was sabotaged in Yemen on October 15th. The explosion occurred at in a desert region 75 km north of the Balhaf terminal.
Canada’s National Energy Board (NEB) has approved an application by KM LNG Operating General Partnership (KM LNG) for a licence to export liquefied LNG from Kitimat, British Columbia to markets in the Asia Pacific region.
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report.
The latest EIC Monitor tracking new active and future projects across the global energy industry shows growth in potential investment value across all sectors this quarter.
The organisation which represents America’s oil and gas companies has cautioned the president’s job council not to overlook potentially a million new oil and natural gas jobs, which could be created by energy development.
Teekay LNG Partners L.P. and its joint venture partner Marubeni Corporation have agreed to acquire ownership interests in eight LNG carriers from Denmark-based, A.P. Moller-Maersk A/S, for approximately US$ 1.4 billion.
Sinopec has agreed to buy Daylight Energy, the intermediate oil an gas company, for C$ 2.1 billion, the deal will give Sinopec access to over 300,000 acres of land rich in oil and shale gas reserves.