Drilling & production - 23 March 2012

Ebara wins contract for Ichthys LNG cryogenic pumps and expanders

Friday 23 March 2012 11:15

Ebara International Corp. has been awarded the contract to supply the main LPG and LNG submersible cryogenic pumps and liquid expanders for the Ichthys LNG project in Australia.

North Uist oil well given approval

Friday 23 March 2012 10:45

UK Energy Minister Charles Hendry has given SuperMajor BP consent to drill the deepwater North Uist well, northwest of the Shetland Islands.

India loses US$ 210 billion in potential coal revenue

Friday 23 March 2012 10:15

The Government of India has been criticised for losing billions of dollars from the exchequer by selling coalfields too cheaply. A draft report of the Comptroller & Auditor General (CAG) has accused the Government of distributing 155 coalfields to private and state-owned miners rather than auctioning them off, undervaluing the coal resources by an estimated Rs 10.7 trillion (US$ 210 billion).