Malaysian national oil company Petronas has increased to approximately C$6 billion its bid for Progress Energy Resources Corp. in a deal that would create a company that would deliver Canadian natural gas to world markets, Progress said. The amended offer was made in an effort to block an unsolicited proposal from another company.
Tag / Gasification
SubscribeGasification
Articles from Gasification
Petronas-Progress Combo to Deliver Canadian Shale Gas to the World
Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.
June 29, 2012
Chevron, BG Plan Trinidad LNG Shipments to Elba Island
ChevronTexaco and partner BG will be delivering 80 MMcf/d of gas from Trinidad to Southern LNG’s Elba Island re-gasification terminal in Georgia beginning in 2005 and continuing through 2023. The producers received approval from the Ministry of Energy and Energy Industries for development of Dolphin Deep and Starfish fields offshore Republic of Trinidad and Tobago. The fields will supply a long term liquefied natural gas (LNG) contract with El Paso Merchant Energy to import LNG into the U.S. market.
September 2, 2002
Chevron, BG Plan Trinidad LNG Shipments to Elba Island
ChevronTexaco and partner BG will be delivering 80 MMcf/d of gas from Trinidad to Southern LNG’s Elba Island re-gasification terminal in Georgia beginning in 2005 and continuing through 2023. The producers received approval from the Ministry of Energy and Energy Industries for development of Dolphin Deep and Starfish fields offshore Republic of Trinidad and Tobago. The fields will supply a long term liquefied natural gas (LNG) contract with El Paso Merchant Energy to import LNG into the U.S. market.
August 22, 2002
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
