International - Page 2

TAG Discovers Light Oil, Gas in New Zealand Permits
Thursday, April 07, 2011 TAG Oil has discovered light oil and gas in the Sidewinder-3 exploration well at the Petroleum Exploration Permit 38748 at the onshore Taranaki Basin, North Island, New Zealand. ...

Hyundai Receives EPC Contract from OOCEP
Monday, April 04, 2011 Hyundai Engineering has received a $480m engineering, procurement and construction (EPC) contract from Oman Oil Company Exploration and Production (OOCEP) for a gas-processing plant in...

Metso Signs Service Contract with Petrobras
Friday, April 01, 2011 Metso has signed a service contract with Petrobras to supply spare parts and maintenance services for Metso's valves, actuators and positioners in 11 refineries in Brazil. Under the...

Buckeye to Acquire BP Assets for $225m
Thursday, March 24, 2011 Buckeye Partners has made an agreement with BP Products North America to buy some of BP's US fuel storage and pipeline assets for a total cash value of $225m. Under the terms of agreement,...

Yamal LNG Selects CBI for FEED Services
Thursday, March 24, 2011 Yamal LNG has selected Chicago Bridge & Iron (CBI) to provide front-end engineering and design (FEED) services for the Yamal LNG project in Russia. The Yamal LNG project involves...

Encana to Acquire Stake in Kitimat LNG Export Terminal
Wednesday, March 23, 2011 Encana Corporation will acquire a 30% interest in the planned Kitimat liquefied natural gas (LNG) export terminal and the associated natural gas pipeline on the west coast of central...

Capstone Turbine Sells Microturbines to Natural Gas Producer
Wednesday, March 23, 2011 Capstone Turbine Corporation has sold six C65 microturbines to a natural gas producer. The six new C65s, to be installed in June 2011, will expand the producer's minigrid system in New...

South Korea to Develop Oilfields in UAE
Friday, March 18, 2011 South Korea has signed a deal with Abu Dhabi to develop oilfields in the United Arab Emirates. According to the deal with Abu Dhabi National Oil Company, Korean National Oil Corp will...

Strategic American Completes Initial Well Drilling at Fisher's Reef
Wednesday, March 16, 2011 Strategic American Oil Corporation (SGCA) has recompleted and put into production its initial Fisher's Reef G2-3A well in Chambers County, Texas, US. The Fisher's Reef G2-3A well is...

Clough AMEC Forms Joint Venture with Beca
Tuesday, March 15, 2011 Clough and AMEC's joint venture Clough AMEC has formed a strategic joint venture with New Zealand-based engineering company Beca to provide integrated engineering, operations and...

Cooper Energy Sells Worrior Assets to GB Energy
Monday, March 14, 2011 Cooper Energy has sold all of its shares in Worrior (PPL 207) to GB Energy (GBX) for A$16m ($16.07m) and A$500,000 ($500,000) in GBX shares. The Worrior assets include 30% of the...

MarkWest to Provide Midstream Services to Statoil
Friday, March 11, 2011 MarkWest Liberty Midstream & Resources will provide additional natural gas midstream services for Statoil Natural Gas's Marcellus acreage in northern West Virginia, US. MarkWest...

KBR Awarded FEED Contract for Kitimat LNG
Thursday, March 10, 2011 KBR has received a front end engineering and design (FEED) contract for a new natural gas liquefaction and export facility near Kitimat, British Columbia, Canada. Apache Canada and...

Beach Energy Begins Drilling at Cooper Basin
Thursday, March 10, 2011 Beach Energy has initiated a major oil drilling programme for up to 26 wells located on the western flank of Cooper Basin, Australia. The firm will conduct exploration and development for...

Camcon Oil Selects Ultra CEMS to Develop New Gas Lifting System
Friday, March 04, 2011 Camcon Oil has selected Ultra Electronics, Manufacturing & Card Systems (Ultra CEMS) to manufacture a new artificial gas lifting system. Designed by Camcon, the new Apollo system...

Australia Pacific to Supply LNG to Sinopec
Tuesday, March 01, 2011 Australia Pacific LNG will supply up to 4.3 million tons of LNG per annum to Sinopec, under a new heads of agreement deal that will last 20 years. Under the terms of agreement, Sinopec...

Marathon Oil Sets $5.2bn Budget for 2011
Friday, February 04, 2011 Marathon Oil Corporation has announced its $5.26bn capital, investment and exploration budget for 2011. From the total capital, $3.7bn will be spent on upstream segments and $1.2bn...

EWC, InterOil to Construct LNG Plant in Papua New Guinea
Friday, February 04, 2011 Energy World Corporation (EWC) has signed a project funding and construction agreement and shareholders agreement with InterOil Corporation and Liquid Niugini Gas to construct a three...

Molopo Energy Upgrades Queensland Acreage Reserves
Wednesday, February 02, 2011 Molopo Energy has upgraded its major reserves for its Queensland, Australia, acreage held under ATPs 564P and 602P. These permits include the Mungi, Harcourt, Harcourt North, Lilyvale and...

Chevron to Acquire Atlas Energy
Friday, November 12, 2010 Chevron will acquire Atlas Energy for $3.2bn and net debt of about $1.1bn, providing Chevron with an attractive natural gas resource position in southwestern Pennsylvania's Marcellus...