RIK gas sale grosses $1 billion in total revenues Mar 28, 2007
The Federal government should receive more than $1 billion in revenue following a successful Royalty-in-Kind (RIK) sale of natural gas, the Department of the Interior’s Minerals Management Service (MMS) announced today.

Norway training Arctic E&P cadres Mar 21, 2007
Norwegians are getting so geared up for Arctic energy horizons that include the Goliat, Nucula, Snoehvit and Russian-sector Shtokman finds, that cadres of eager recruits are being trained in Maritime Arctic Competance, OilGas24 learned Wednesday.

Sovereign signs two farm-in agreements with Mari Gas, Pakistan Mar 21, 2007
International Sovereign Energy Corp. reports that the formal Farm-In Agreements on the two previously announced blocks have been signed with Mari Gas Company of Pakistan, the second largest producer of gas in Pakistan.

Basker Manta Gummy (BMG) announces Gas Sales Agreement With Alinta Limited Mar 20, 2007
Beach Petroleum Limited and its joint venturer in the BMG project, Anzon Australia Limited, announces the signing of a 15 year Gas Sales Agreement (GSA) with Alinta Limited to supply gas from the offshore Gippsland fields to Tasmania for power generation.

Qatar Petroleum and ExxonMobil announce completion of RasGas Train 5 Liquefied Natural Gas Project Mar 20, 2007
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.

Chevron Inaugurates Bibiyana Gas Field Mar 20, 2007
Chevron Corporation today announced the inauguration of the Bibiyana natural gas field, which is located onshore in Block 12 in the northeast of Bangladesh in Habiganj District.

Minerals Management takes on metering, venting Mar 19, 2007
The U.S. Minerals Management Service is seeking to simplify the way oil and gas production is reported, in a complete rewrite of regulations for offshore operations, it was learned this week.

GAIL-RIL sign MoU for Joint Co-operation Mar 19, 2007
GAIL (India) Limited and Reliance Industries Limited (RIL) have signed a Memorandum of Understanding (MoU) for cooperation in gas sector. The MoU was signed on 15th March 2007 by Mr. R K Goel, Director (Finance), GAIL and Mr. P M S Prasad, President and CEO, Petroleum, Reliance Industries Limited, in the presence of GAIL CMD, Dr. U D Choubey.

Torp behind Tidelands LNG plan for California Mar 8, 2007
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.

ConocoPhillips announces first gas from Suban Phase 2 Mar 7, 2007
ConocoPhillips successfully achieved first gas delivery from the newly constructed Suban Phase 2 gas processing plant on December 23, 2006. In the first of a series of planned development wells in support of the Suban Phase 2 Project, the Suban-10 development well was drilled, completed and currently producing at a constrained rate of 150 million standard cubic feet per day (MMSCFD).

Sunshine announces Lacerta achieves gas flow milestone Mar 6, 2007
Sunshine Gas Limited said that the Lacerta 7 well has been successfully brought on production as the first of 4 initial pilot production wells on the Lacerta Field to undergo testing.

Poles gain Skarv in Norway first Mar 1, 2007
Polish gas utility PGNiG has reportedly cut a “conditional” deal with ExxonMobil for its 15-percent piece of three Norwegian offshore licenses, including the Skarv stake.

Mustang Engineering and Wood Group awarded U.S. patent for LNG Smart® Air Vaporization Process (SAV) Mar 1, 2007
Mustang Engineering ("Mustang") a wholly owned subsidiary of international energy services company John Wood Group PLC ("Wood Group"), and Wood Group, have been awarded U.S. patent 715 5917 for a proprietary process to convert liquefied natural gas (LNG) into natural gas.

Foster Wheeler awarded Front-End Design for LNG Liquefaction Facilities in Nigeria Mar 1, 2007
Foster Wheeler Ltd’s UK and Nigerian subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler (Nigeria) Limited, which are both part of its Global Engineering and Construction Group, in a joint venture with Chiyoda Corporation have been awarded a contract by Nigeria LNG Limited (NLNG) for the Project Specification, or front-end engineering design, for the SevenPlus project.

$225 million proposed investment into Arrow CSG Acreage Feb 26, 2007
The Directors of Arrow Energy NL announces the signing of a Letter of Intent (“LOI”) with EIG Energy Infrastructure Group AB (“EIG”) of Sweden for a farm-in to a portfolio of predominantly exploration coal seam gas assets in the Eastern coastal region of Queensland.