U.S. Gulf of Mexico: Cox Oil buying EGC for $322 million

By Offshore Energy Today U.S. Gulf of Mexico oil company Cox Oil is set to buy all the outstanding shares of Energy XXI Gulf Coast (EGC) for $322 million. According to EGC, the agreed price is $9.10 per fully diluted share… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Gas Natural Fenosa, Sonatrach extend gas supply deal

By LNG World News Spanish LNG player Gas Natural Fenosa and the Algerian company Sonatrach have signed an agreement to renew the gas procurement contracts from Algeria to Spain spanning to 2030. Read Full Article Here For more great articles: LNG World News Comments comments

TMC scores HHI contract to equip LNG carrier trio

By LNG World News Oslo-based TMC Compressors of the Seas (TMC) said it has signed a contract to supply a complete marine compressed air system and associated equipment to three LNG carriers that Hyundai Heavy Industries is building for TMS Cardiff Gas. TMC’s scope of supply is to provide two control air compressors, one service…

US LNG developer NextDecade adds more China marketing personnel

By LNG World News US LNG export project developer, NextDecade has named Ping Lee as the company’s LNG marketing executive for China and Southeast Asia. NextDecade announced earlier this year that it had opened offices in Singapore and Beijing to serve customers throughout Asia. Lee is the former President and Asset General Manager of BG…

Croatian LNG terminal gets parliament’s clearance

By LNG World News Croatian parliament passed the law allowing the construction of the floating liquefied natural gas (LNG) import terminal on the island of Krk despite local councils’ opposition. Read Full Article Here For more great articles: LNG World News Comments comments