News

ONGC awards pipe replacement contract

The Rs.1,864 crore ($US427 million) project involves the replacement of old submarine pipelines and laying of new pipelines, which will be done in 40 segments totalling 185 km over three years. Associated
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India looking at energy charter treaty

The Treaty was signed in 1994 and includes most of Europe, the former Soviet Union states and Japan. The Treaty was designed to ensure that a commonly accepted foundation was established for developing
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Gorgon ownership agreement signed

The joint-venture participants have agreed to align their equity interests in individual licenses in the Greater Gorgon area. ChevronTexaco now takes a 50 per cent interest in the area, while ExxonMobil
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Essential Petroleum farms into Otway Basin

PEL 27 covers 240 square km of the north western flank of the Penola Trough, a proven petroleum system. PEL 27 is north west and updip of the adjacent Katnook, Haselgrove and Ladbroke Grove gas fields
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First LNG cargo for Hazira this month

Shell India Director Marc de Hartog said “We will receive the first LNG cargo soon.” A formal function has been planned to mark the arrival of the first cargo, which is coming from Australia,
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Record flows at Berwyndale

Berwyndale South 9 flowed gas at the weekly rate of 890,000 cf/d, while 14 flowed at rates as high as 500,000 cf/d. QGC Managing Director Richard Cottee said “When viewed together, the results from
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New gas find for Origin in Otway Basin

Halladale-1 is located in offshore exploration permit VIC/P37(v), approximately 4 km from shore and 24 km from Port Campbell. Origin is planning to build a $A1 billion gas-fired power station between
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ChevronTexaco to acquire Unocal

ChevronTexaco Chairman and CEO Dave O’Reilly said “Unocal is a unique independent with assets that are an excellent fit with our existing portfolio and our long-term strategies – to
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Numaligarh-Siliguri pipeline halted

India’s Petroleum Ministry requested clearance from the Public Investment Board for the 165 km, Rs. 464 crore ($US106 million) pipeline in January, however, this clearance is yet to be granted. While
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Bangladesh delays pipeline deal

Bangladesh has declined a request from Myanmar to sign a memorandum of understanding on the pipeline, with Bangladeshi Minister of State for Energy and Mineral Resources A.K.M. Mosharraf Hossain reportedly
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