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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

N.America's First LNG Marine Fuel Terminal Opens

Harvey Gulf announced the opening of the first marine LNG fueling terminal in North America. Less than a year after the delivery of the M/V Harvey Energy, America’s first LNG-powered vessel,

FSRU Golar Tundra Sold to Golar LNG Partners

Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.

Top 10 Shipowning Nations by Value

VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.0667 sec (15 req/sec)