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

Becker Marine Delivers Rudder for Largest Containership

Becker Marine Systems delivers rudder for the largest container ship in the world   At 19,000 TEU, the largest container ship in the world is now picking up speed

DSME Returns for More Dual-Fuel Engines

MAN Diesel & Turbo received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering Co.,Ltd. (DSME) agreeing a deal

USCG Addresses Future of Marine Fuels

The future of marine fuels from the Liquefied Gas Carrier National Center of Expertise   The Pacific Merchant Shipping Association hosted The Future of Marine

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Winch
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: 0.1294 sec (8 req/sec)