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ACIL Allen and GHD to Study Pre-feasibility of Australia’s West-East Gas Pipeline
November 2, 2017
The Australian government has awarded the tender to carry out a pre-feasibility study on the West-East Gas Pipeline to ACIL Allen, in conjunction with GHD. Reported to cost around A$5bn ($324m), the new gas pipeline would tap into the abundantly
U.S. Energy Secretary Perry Discusses Energy Issues at Africa Oil Week Conference
October 31, 2017
U.S. Energy Secretary Rick Perry discussed energy issues, including liquefied natural gas supply for electricity generation, with a range of African nations from Nigeria and Ivory Coast to South Africa. “The United States wants to be partners with South Africa
Argentina’s YPF to Invest $30 Billion to Boost Oil and Gas Production
October 30, 2017
Argentina’s oil company YPF has announced plans to invest more than $30bn over the next five years to boost its oil and gas production capacity as well as power generation capacity. Of the total planned investment amount, $21.5bn will be
Aker Solutions Boosts LNG Capabilities to Meet Demand
October 30, 2017
Aker Solutions is strengthening its liquefied natural gas capabilities to capitalize on an expected increase in global demand for the fuel as energy companies transition to a low-carbon future. Aker Solutions has hired four leading specialists with extensive experience from
Samsung Heavy Industries Secures $221 Million Contract to Build LNG-FSRU, Java Island
October 26, 2017
Samsung Heavy Industries (SHI) has received a contract from a consortium of Marubeni, Sojitz, and Pertamina for the construction of a new LNG-Floating Storage and Regasification Unit (FSRU) for about KRW250bn ($221m). The LNG-FSRU is a specialized vessel-like facility designed
Angus Energy Secures OGA Approval for Brockham Oil Field, UK
October 26, 2017
Angus Energy has secured final approval from the Oil and Gas Authority (OGA) for its Field Development Plan Addendum at the Brockham Oil Field (Production License PL235). As stated in the Company RNS of May 11, 2017, this OGA approval
Aker BP to Acquire Hess’ Valhall and Hod Fields for $2 Billion, Offshore Norway
October 26, 2017
Hess subsidiary Hess Norge has signed an agreement with Aker BP to divest interests in the Valhall and Hod fields located in southern Norwegian North Sea, for $2bn. The firm owns 64.05 percent interest in Valhall field as well as
Kosmos Energy Expands Strategic Position in Gulf of Guinea
October 25, 2017
Kosmos Energy, in partnership with Trident Energy, has agreed to acquire an interest in three exploration licenses, as well as Hess Corporation’s interest in the adjacent Ceiba Field and Okume Complex assets offshore Equatorial Guinea on a 50-50 basis. Under
RockRose Energy to Acquire Idemitsu Petroleum UK
October 24, 2017
RockRose Energy has signed a sale and purchase agreement to acquire the entire issued share capital of Idemitsu Petroleum UK from Idemitsu Kosan, a Japanese corporation. The Acquisition will be funded out of the existing facilities and cash resources of
Chevron Begins LNG Production from $34 Billion Wheatstone Project, Australia
October 23, 2017
Chevron and its partners have commenced liquefied natural gas (LNG) production from the $34bn Wheatstone Project in Western Australia. The Wheatstone project comprises two LNG trains which have a combined capacity to produce 8.9 million metric tons per annum (MTPA)
