Oil & gas news

China dominates the global coal industry with coal production expected to reach 4.5 billion t by 2020 and consumption expected to reach 5.2 billion t. Ankita Sinha, GBI Research, UK, outlines why China continues to lead the global coal mining market and what lies ahead for this coal giant.

KBR is to perform pre-FEED for Statoil’s LNG facility in Tanzania. Statoil is currently examining the viability of such a venture and the project is expected to be completed during 2013.

Technip has been awarded a lump sum contract for the development of the Dalmatian field, located in the Gulf of Mexico, by Murphy Exploration & Production Company.

Fugro N.V. has announced that it is to divest the majority of its geoscience division to CGGVeritas, in a deal worth €1.2 billion.

GE Oil & Gas has been contracted to supply compressor train technology for Asia’s first Floating LNG facility, located off the coast of Malaysia.

Chevron Corp. has been awarded participation in two deepwater blocks located offshore Sierra Leone.

AGRI LNG Project Company SRL has awarded Penspen Ltd the contract for conducting the feasibility study for the Azerbaijan-Georgia-Romania-Hungary Natural Gas Interconnector Project.

Cyril Widdershoven, TNO, the Netherlands, explains how changes in domestic demand for natural gas in the Middle East could impact upon global supply.

The Center for LNG has praised a call from Western US lawmakers for a quicker LNG export application approval process

Barry Baxter reports on fears that South African mine violence will spread.