Total has all but secured reserves from Gazprom’s giant Shtokman gas field in the eastern Barents Sea, after a signing ceremony in Moscow Friday clinched a 25-year development deal, with options. 
Gazprom has chose French oil company Total to jointly own the Shtokman project company which will own some $16 billion in infrastructure at the 3.6-trillion-cubic metre gas field in the eastern Barents Sea. 
Algerian gas will in future be resold more readily by European gas buyers after a deal struck today between the European Union and Algeria’s state champion, Sonatrach. 
The Cacouna Energy Project, a joint project of Petro-Canada and TransCanada Corporation (TransCanada) learned today that the Quebec government has granted a decree approving the proposal to construct the first liquefied natural gas (LNG) re-gasification terminal in Quebec. 
The European Union has approved a joint-venture of Wärtsilä and Hyundai Heavy Idustries formed to build dual-drive engines for carriers of liquefied natural gas, or LNG. 
BG Group has finalized a deal to supply Chile's first import terminal for liquefied natural gas, or LNG, a project expected to supply 40 percent of the country’s needs. 
Statoil on Monday turned-on the sub-sea installations at its 193-billion-cubic-metre Snoehvit gas field off Hammerfest in the Arctic, a first in Norway for facilities remotely controlled from land. 
Despite project permit delays worldwide, Marathon Oil and partners are on-stream six months ahead of schedule with cargoes from a first train of liquefied natural gas, or LNG, from Bioko Island, Equatorial Guinea. 
ARC Energy (ARC) and Energy World Corporation (EWC) have entered into a Memorandum of Understanding (MOU) to develop an LNG business focused on the domestic Western Australian gas market.
Linde “re-liquefies” way onto five Samsung LNG carriers May 10, 2007
German refrigeration specialist, Linde Group, has won a $50 million order from shipbuilder Samsung Heavy Industries for “on-board, boil-off gas reliquefaction” plant on five carriers of liquefied natural gas, or LNG. |
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InterOil Corporation today provided an update on its efforts to commercialize the previously announced Elk natural gas and condensate discovery in Papua New Guinea. 
Cheniere Energy’s wholly-owned subsidiary Cheniere Marketing Inc. (Cheniere Marketing) and Gaz de France International Trading S.A.S. (GDF Trading), a wholly-owned subsidiary of Gaz de France, have entered into a pair of Transatlantic Option Agreements to establish a framework of sales and purchases of LNG into the European and North American markets.
Norway-based liquefied natural gas carrier Golar LNG has won two charters with Brazilian oil company Petrobras for the use of Golar Winter and Golar Spirit as floating LNG storage and re-gasification vessels. 
Statoil strategists believe Russian energy company Gazprom will move to create Shtokman infrastructure within seven years, building pipelines “from south to north” in tandem with Norwegian development. 
Shell’s 34-percent-owned Aussie subidiary, Woodside Petroleum, declared Thursday that its Browse Basin acreage off northern Australia could double the company’s reserves with its 1.5 billion barrels of oil equivalent. 
The giant Shtokman gas field in the Russian Barents Sea will cost “$16 billion overall” with a gas pipeline to Vyborg on the Baltic coast, plant for liquefied natural gas west of the city at Tyribuka village plus a plan to develop Murmansk port, _OilGas24_ learned at the weekend. 
Port Dolphin Energy LLC, a wholly owned US subsidiary of the Norwegian based company Höegh LNG AS, has submitted an application to the U.S. Coast Guard for approval to build and operate a deep water port for the import of natural gas to Florida’s west coast. 
Qatar Petroleum and Exxon Mobil Corporation will celebrate the completion of RasGas Train 5 in Doha on March 20. RasGas Company Limited is a joint venture owned by Qatar Petroleum (QP) and ExxonMobil RasGas Inc. 
Long Beach-, California based Esperanza Energy will ask state and federal regulators this year if it can build a floationg receiving terminal for liquefied natural gas, or LNG, some 30 kilometres offshore.
Pakistani National utility Sui Southern Gas Company Ltd. has chosen Shell, Total and ENI among some seven others to build its first import terminal for liquefied natural gas, it was learned today. |
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