Posts Tagged ‘said-it-was’

Cogaz JV to supply LNG to CEB

by on October 29, 2012 7:50 am BST
London-listed Gasol formed a joint venture with BenGaz last month, named Cogaz, to develop gas distribution infrastructure and supply in Benin. Gasol said it was working to station a floating storage regasification unit in the harbour at the city of Cotonou in Benin. The unit will be used to

Brent rises above $111 on Libya worries

by on September 21, 2012 2:27 pm BST
Oil rose above $111 a barrel on Friday, extending gains from a seven-week low hit on Thursday, as Libya's precarious security situation and lower North Sea production stoked supply fears.Libya, Africa's third-biggest producer, swiftly ramped up oil output after last year's revolution, but an assault last week

Buccaneer to spud Kenai Loop-4

by on September 6, 2012 5:27 am BST
The company said it was currently finalising the mobilisation of drilling contractors and service providers to spud the well with the Glacier 1 rig, which was already on location at the first drilling pad.Kenai Loop-4 is expected to take about 35 to 40 days to drill deeper than the Kenai Loop-1 well,

Stratex Oil & Gas makes $124m offer for Magellan Petroleum

by on August 28, 2012 1:31 pm BST
The Watertown, Conneticut-headquartered, North Billings, Montana-based explorer said it was offering $2.30 per Magellan share, a 137% premium on Friday’s close of $0.97.The offer was made in a letter to Magellan Petroleum's chief executive and board after the chief executives of both companies “failed to come to