Mar. 11, 2005
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Italy's ERG and Shell to Develop LNG Terminal
Construction of the 8 bcm capacity LNG regasification terminal in Sicily is scheduled to begin in 2007 and be operational in 2010.

02.03.2005, 18:56

Roxar, TNK-BP Sign Deal
TNK-BP buys Roxar reservoir management and production optimization software for engineering R&D.;

02.03.2005, 18:45

ChevronTexaco Announces First Condensate
ChevronTexaco Corp. has announced first condensate production from the Sanha Field in Angola.

02.03.2005, 18:33

ExxonMobil Sells Sinopec Stake
ExxonMobil has completed the sale of its 3.7 percent stake in China Petroleum and Chemical Corporation(Sinopec.)

02.03.2005, 18:25

BJ Services Wins Cementing Contract
Marathon Petrolum Company has contracted with BJ Services for cementing services for a number of its wells offshore Norway.

02.03.2005, 18:19
2 March 2005 BJ Services

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Sakhalin LNG Plant Construction Finished Halfway

The construction of LNG plant in the village of Prigorodnoye (Korsakov district, Sakhalin region) has been completed 55 percent and work is progressing in compliance with the schedule, Hilary Mercer, construction manager of Sakhalin Energy’s LNG project, told journalists at a press conference in Yhzno-Sakhalinsk.
According to Mercer, construction subcontractors include 12 companies from Russia, Japan, U.S.A., Turkey, Ireland and South Korea.
Mercer added that in May 2005 the “key equipment” – cryogenic heat exchanger – will be delivered. The installation of the exchanger should be completed by the end of summer this year.
The commissioning of the first LNG train is scheduled in July 2007. The second train should be commissioned in February 2008.
In the 2004 production season Sakhalin Energy increased oil output over the previous year by 13.5 percent, producing 11.69 mln bbl.

26.01.2005, 09:43

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