Archive | August, 2004

AUSTRALIA: Pipeline Trust completes purchase of Goldfields and Parmelia assets

Australian Pipeline Trust (APA) has completed the purchase of the 45% interest in SCP Investments (No. 1) Pty Limited, which owns 88.2% of the Goldfields Gas Transmission Pipeline, and the Parmelia gas business comprising pipeline, processing, storage facilities and a small gas retail business for A$206 million, including transaction costs, together with working capital adjustments. […]

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DUBAI: Roxar Software Solutions expands to meet needs of upstream operations in the Middle East and

Roxar, a leading technology solutions provider to the upstream oil and gas industry, said it is expanding its Middle East and Asia Pacific (MEAP) operations to service a growing client base throughout the two regions. The company said it sees tremendous growth opportunities for its reservoir management software portfolio, delivered through its Software Solutions Division […]

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AUSTRALIA: Fastwave Communications offers new pipeline monitoring technology

Australian satellite data communication specialist Fastwave Communications recently launched an integrated service aimed at the pipeline management industry. The new system, known as Fastview, offers monitoring and control of remote pipelines and associated infrastructure anywhere in the world in near real time using the new Iridium Short Burst Data (SBD) telemetry system. Fastview integrates advanced […]

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KOREA: Korea Gas Corp opposes private firms’ efforts to import LNG

State-owned Korea Gas Corp is opposed to the involvement of private companies in the business of importing liquefied natural gas (LNG). Sensing a worldwide boom in the LNG business, Korean companies are prepared to invest in facilities to import the fuel, currently monopolised by Korea Gas Corp. (Kogas). Analysts told Korea Herald companies could save […]

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