BHP Billiton has bought Petrohawk for approximately US$ 12.1 billion. The transaction would provide BHP Billiton with operated positions in the three world class resource plays of the Eagle Ford and Haynesville shales, and the Permian Basin.
The UK government released its White Paper on Electricity Market Reform this week, setting forward its proposals to secure and decarbonise the UK’s electricity market. Jonathan Rowland, editor of World Coal, highlights some of the questions it raises.
Sea Trucks Group has been awarded a contract by Hyundai Heavy Industries to provide an offshore construction/ accommodation vessel for Total in Nigeria.
A joint venture between CB& I and Kentz Corporation Limited have been awarded a contract for the mechanical, electrical and instrumentation work on the Gorgon Project on Barrow Island, Western Australia.
BP, Shell and other co-venturers have reached an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands.
Chesapeake Energy Corporation has announced investment plans to create a natural gas fuelled highway system across America and effectively reduce American dependence on OPEC whilst boosting the economy.
Offshore Energy’s Committee of Recommendations has convened international developments in the offshore industry and how these developments could be addressed within the conference programme.
CB&I has been awarded a contract, valued in excess of US$ 300 million, for a new natural gas processing plant in the Northeastern U.S.
Wood Group has been granted a multi-million dollar, three-year contract by Chevron U.S.A. Inc. to commission the Big Foot extended tension leg platform in the Gulf of Mexico.
White paper to bring about biggest reforms since privatisation.
Peabody Energy and ArcelorMittal SA have confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd to acquire all shares of the company.
Western Australia’s Premier Colin Barnett has told Asian business leaders at the Boao Forum for Asia Conference that Western Australia has the potential to be the world’s largest LNG exporter by 2020.
API CEO appeals to Obama after disappointing employment figures suggest more jobs needed for Americans.
Caterpillar has announced it has completed its US$ 8.8 billion acquisition of Bucyrus International.
SBM Offshore, The Linde Group’s Engineering Division, PTT FLNG Limited and PTTEP Australasia have signed a partnership agreement for the development of an FLNG facility in the Timor Sea off Northern Australia.