Posts Tagged ‘santos’

Saipem to build 550km gas pipeline in Mexico

by Forex Rooton November 22, 2012 10:29 am BST
The Milanese contracting giant did not disclose a value for the contract, but said that when taken together with a works expansion on Santos GLNG it represented new business worth more than $800 million.Transcanada’s Mexican arm Transportadora de Gas Natural Norte-Noroeste has hired Saipem for engineering, procurement and

Santos announces gas discovery at Crown in the Browse basin

by on November 20, 2012 12:14 am BST
Santos announces gas discovery at Crown in the Browse basinSantos  announced a significant gas discovery at the Crown 1 exploration well in WA 274 P, located in the Browse basin offshore Western Australia.Santos head of exploration Bill Ovenden described Crown-1 as an important gas discovery for the company.“The Crown discovery

Crowning glory for Santos

by on November 19, 2012 3:49 am BST
The company said the pay was confirmed by wire line logging in the Jurassic-aged Montara, Plover and Malita reservoirs between 4873 and 4998 metres.In addition, multiple condensate-bearing gas samples were recovered and pressure data had indicated that gas was expected to flow at a high rate.Santos head of

UPDATE 3-Exxon’s PNG LNG project costs balloon to $19 bln

by on November 12, 2012 7:28 am BST
Mon Nov 12, 2012 2:28am EST * Latest Asia-Pacific LNG project to report cost overruns * Forex, work stoppages fuel $3.3 bln jump in project cost* Shares fall in Australian partners Santos and Oil Search* PNG LNG is nation's biggest-ever resources development* First LNG shipments still expected in 2014SYDNEY, Nov