Archive | January, 2005

INDIA: ONGC signs MoU with Baker Hughes

Indian upstream oil company ONGC recently signed a Memorandum of Understanding (MOU) with service provider Baker Hughes Singapore Pte Ltd. The MOU was signed by Y.B.Sinha, ONGC’s exploration director and David H Barr, Baker Hughes’ senior vice president in the presence of ONGC’s chairman and managing director Subir Raha. ONGC said the move envisions a […]

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AUSTRALIA: France’s Total takes a stake in two deep offshore exploration blocks

French energy major Total said it has entered into two agreements to participate in the exploration of two offshore blocks in the northwest of Australia.             In its agreement with Australian upstream company Woodside, Total will take a 30% interest in the WA-269-P exploration block situated 150 kilometres from the shore in water depths between […]

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VIETNAM: EVN to double power capacity by 2010

State-owned Electricity of Vietnam (EVN) has embarked on expansion, which will see its capacity increase 20% in 2005 and more than double by 2010, the country’s news agency VNA reported.   EVN generates 90% of Vietnam’s total power output. It will produce 53 billion kilowatt-hours (kWh) this year, 9 billion kWh more than in 2004, […]

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INDIA: ONGC signs MoU with Baker Hughes

Indian upstream oil company ONGC recently signed a Memorandum of Understanding (MOU) with service provider Baker Hughes Singapore Pte Ltd. The MOU was signed by Y.B.Sinha, ONGC’s exploration director and David H Barr, Baker Hughes’ senior vice president in the presence of ONGC’s chairman and managing director Subir Raha. ONGC said the move envisions a […]

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MALAYSIA: Petronas’ ASEAN Bintulu Fertiliser ventures into melamine production with Korea’s Namhae C

ASEAN Bintulu Fertiliser Sdn Bhd (ABF), a subsidiary of Malaysian state oil and gas company Petronas, recently signed a shareholders agreement with Namhae Chemical Corporation (NCC) of Korea to set up a joint venture melamine production facility in Bintulu, Sarawak. The facility, Malaysia’s first, will have an annual production capacity of 15,000 metric tonnes. ABF […]

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SINGAPORE: Tokyo Gas Engineering awarded S$4.88 million feasibility study on import of liquefied nat

Singapore’s Energy Market Authority (EMA) has awarded Tokyo Gas the contract to provide a study on the feasibility of importing liquefied natural gas (LNG) as an option to diversify the country’s natural gas supply.   The EMA said it awarded Tokyo Gas Engineering Co Ltd the contract to carry out the study for a fee […]

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AUSTRALIA: Woodside puts forward A$2 billion plan to boost gas production

Australia’s ability to secure multi-billion-dollar gas export deals has been boosted by Woodside Energy’s plans to ramp up production from its North West Shelf (NWS) fields, The Australian reported. The company, which operates Australia’s biggest resources enterprise, the North West Shelf Joint Venture gas project, wants to construct a A$2billion fifth gas production facility on […]

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INDIA: Bhagyanagar Gas to invest Rs2.6 billion into CNG and piped gas network

India’s Bhagyanagar Gas has firmed up plans for a Rs2.6 billion project to set up compressed natural gas (CNG) stations and piped gas supply networks in Hyderabad and Vijayawada, the Business Standard reported (US$1=Rs44). Drawing on successful projects like the Indraprastha Gas project in Delhi and Mahanagar Gas in Mumbai, the Bhagyanagar project is expected […]

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LPG: Purvin & Gertz released “World LPG Market Outlook”

Houston-based energy consultant Purvin & Gertz said world LPG demand has grown significantly over the last few years, with new markets emerging and every region reporting consumption growth. The company said that LPG as auto fuel is expanding and residential and commercial use is rising particularly fast in developing countries. The expansion of the petrochemical […]

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