Tagged Kuwait

Shell cancels $900M offshore assets sale in Thailand

By Offshore Energy Today Shell will not be selling its Thai assets to Kuwait’s KUFPEC, as the two companies have mutually agreed to cancel the previously agreed deal. The Anglo/Dutch oil giant on Wednesday said that its subsidiary, BG Asia Pacific, and KUFPEC Thailand , a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), had…

Shell cancels $900 million Thailand gas sale

By LNG World News The Hague-based LNG giant Shell has cancelled the $900 million sale of its stake in a Thai gas field to Kuwait’s state-owned KUFPEC. Shell said in January the company entered into a deal for the sale of subsidiary companies Shell Integrated Gas Thailand and Thai Energy Co, which together hold a…

SRG secures Kuwait LNG storage tanks job

By LNG World News Australian services company, SRG Limited has been contracted by Hyundai Engineering and Construction to provide specialist contracting services for eight new LNG tanks in Kuwait. SRG’s managing director, David Macgeorge, said the A$26.5 million ($21 million) deal signals the company’s progress in the development of its international business. Under the contract,…

Gazprom’s Miller talks LNG supplies with Kuwaiti ambassador

By LNG World News Image courtesy of GazpromPotential liquefied natural gas deliveries from Russia to Kuwait have been discussed during the meeting between Gazprom’s head, Alexey Miller and Abdulaziz Al-Adwani, Kuwait’s ambassador to Russia. The parties discussed bilateral cooperation in the oil and gas sector within the memorandum of understanding Gazprom signed with Kuwait Petroleum…

SGX, Tullett Prebon launch spot LNG index for Dubai, Kuwait and India

By LNG World News DUSUP’s Jebel Ali LNG import terminal in Dubai (Image courtesy of Excelerate Energy)Singapore Exchange and London-based interdealer broker Tullett Prebon have launched a liquefied natural gas (LNG) spot index for Dubai, Kuwait and India. The collaboration, that was announced earlier this year, seeks to “enhance price discovery and risk management” in…

Coda Octopus: Van Oord readies site for KNPC’s LNG project

By LNG World News Image courtesy of Van OordThe UK-based Coda Octopus informed that the Dutch company Van Oord has completed ground improvement project for Kuwait National Petroleum Company’s (KNPC) site for the oil refining plant and an LNG import terminal. The project, which started in 2014, involved the reclamation of 65 million cubic meters…