News

Mosaic signs new Churchie gas contract

The new contract will see an average of 8.2 TJ per day to be supplied over 13 months by the Churchie field Joint Venturers, Mosaic (Operator) and Santos. The new contract will begin immediately and incorporates
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East Timor to pass petroleum laws

“Our aim is to create a very modern, very progressive petroleum law that also gives us the competitive edge we need to attract investment,” said Jose Fernandez Teixeira, East Timor’s
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Kupe AEE submitted

The AEE, which was lodged today with the South Taranaki District Council and the Taranaki Regional Council for review, will form the core regulatory approvals document to support the resource consent
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NZ launches new Petroleum Minerals Program

According to Associate Minister of Energy, Hon Harry Duynhoven, “The Program, which takes effect from January 1 2005, will launch an exciting year for New Zealand in terms of petroleum exploration.”
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AGL sale of NGC stake expected to net $A760 million

Vector has advised AGL that following the clearance from the Commerce Commission, it will now proceed with the takeover of NGC and the acquisition of AGL’s 66.05 per cent shareholding in NGC. AGL
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Adsteam awarded contract for Darwin LNG facility

Adsteam will shortly commence building two new tugs to meet the service requirements of the terminal operator. Adsteam Managing Director John Moller said “The new tugs, with AZT propulsion, 55 tonne
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Panva Gas investing in new gas networks

According to Chief Executive Officer Francis Tang, Panva is eyeing six to eight new gas distribution ventures next year. Since 2002, the Chinese government has promoted the uptake of natural gas in China,
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Petronas discovers new gas field offshore Sarawak

The new gas field, the F3 Attic is located in the offshore Block SK310 , approximately 130 kilometres northwest of Miri, Sarawak. The new field is in the vicinity of three other gas fields. The exploration
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Plans for new LNG terminal in Mangalore

Chairman and Managing Director of HPCL, MB Lal said that the company intends to set up a 2.5 million tonne per annum (mtpa) terminal, which will have the capacity to eventually expand to 5 mtpa. The estimated
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