Monthly Archives: February 2016

Barakah Offshore wins Petronas FLNG1 deal

February 16, 2016 Barakah Offshore Petroleum informed on Tuesday that its subsidiary PBJV Group won a subcontract for offshore works on Petronas’ first floating LNG facility, the PFLNG1.  Under the contract, PBJV will provide engineering, procurement, installation and related activities for … Continue reading

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Australia’s LNG industry: $54 billion Chevron-led Gorgon project to ship first cargo

REUTERS, Thu Feb 25, 2016 4:31am EST

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Oil Rout Casts Doubt On Woodside’s Key LNG Project

Tue Feb 16, 2016 7:39pm EST * Year net profit slumps 99 pct on writedowns * Core profit halved to $1.1 bln, beats forecasts * Browse LNG cost cuts offset by weak oil price * Woodside shares down 3.4 pct … Continue reading

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Chevron Announces First Gas from the Chuandongbei Project in Southwest China

SAN RAMON, Calif., Jan. 26, 2016 –Chevron Corporation (NYSE: CVX) announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of … Continue reading

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Shell to sell stake in Malaysian plant to China private refiner

Tuesday, 2 February 2016 | MYT 7:21 AM SINGAPORE: Royal Dutch Shell said on Monday it had agreed to sell its shares in Shell Refining Company in Malaysia to a unit of a private Chinese refiner for $66.3 million. It … Continue reading

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