Oil & gas news
Daewoo wins FSRU contract from Excelerate Energy
Daewoo Shipbuilding & Marine Engineering Co. has won a US$ 280 million deal to build a floating storage and regasification vessel. The vessel will be delivered in 2014.
KBR awarded major engineering design for the BP Quad 204 project
KBR has been awarded a contract by Hyundai Heavy Industries Co. Ltd. to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) project, to be located west of Shetland Isles in UK waters.
Gas group finds US$ 11.7 million worth of gas in Pawnee coal
Several State Agencies and WellDog announced today that they have located $11.7 million worth of gas in the Pawnee coal of the Leiter field, which was abandoned and had been slated for plugging by the Wyoming Oil and Gas Conservation Commission.
Encana selling off Barnett Shale assets
Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has initiated a process to divest of its North Texas natural gas producing assets in the Fort Worth Basin located in the Barnett Shale play.
Gryphon subsea recycling work for TWMA
TWMA has been awarded a contract by Maersk Oil to handle and dispose of subsea structures and equipment damaged during the Gryphon FPSO storm incident earlier this year.
Protecting your business from another Libya
How can companies protect their workers in the event of the collapse of governance and civil authority in the countries where it operates?
Libyan oil refineries could take a year to restore production
It could take 9 months to a year for oil production to be fully restored according to the rebel government of Libya, but all existing contracts will be honoured.
Encana secures LNG supply for refuelling stations
Pivotal LNG, a subsidiary of AGL Resources Inc., has signed an agreement with Encana Natural Gas Inc., to supply LNG that Encana plans to offer to service providers operating fleet trucks in the Haynesville area of Louisiana.
Kosmos energy makes light oil discovery at Kasa-1 well offshore Ghana
Kosmos Energy has announced a light oil discovery at the Akasa-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana. The well penetrated 33 m (108 ft) of oil-bearing pay in four good-quality Turonian–aged sand packages.
Woodside wins AU$ 1.5 million from CFMEU
Woodside Petroleum has been awarded AU 1.5 million in compensation by a Federal Court over an illegal strike at its Pluto LNG site back in December 2009, which was actively encouraged by the Construction Forestry Mining and Energy Union (CFMEU).