Oil Search Signs Agreement for LNG Project Study

Wednesday, April 11, 2007
Oil Search Ltd said it has signed a cost sharing agreement (CSA) with its joint venture participants in the Hides, Angore and Juha fields, to study the opportunity to develop a liquefied natural gas (LNG) project. An estimated $60mis expected to be spent on the LNG project studies over the next year with Oil Search expected to fund a minimum 32 pct of the CSA. Oil Search said the joint venture partners have an option, up until the end of June 2007, to participate in the CSA studies and Oil Search is presently reviewing this option as part of assessing its overall direction in developing LNG. Source: AFX
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0938 sec (11 req/sec)