Subject: New Oil and Gas Projects for Jan. ‘06
New oil and gas projects are reported monthly to Thermal/Catalytic World Markets http://www.mcilvainecompany.com/air.html#N007 subscribers. Here are the project titles for the month of January ‘06.
Oil and Gas Updates - January 2006
INDUSTRY ANALYSIS
1. AMERICAS
U.S.
Australia’s Samson Oil and Gas buys into $50.4mln of Wyoming’s Green River Basin Production Assets
Siemens Enhances Presence in Oil, Gas with Purchase of Houston’s Berwanger Inc.
Australia’s Sundance Energy Increases its Exposure to US Oil and Gas with Continental Resources Joint Venture in Montana
Sempra LNG Begins FERC Approval Process to Expand Cameron LNG Receipt Terminal to 2.65 bcf/day
Superior Oil and Gas Co. to Acquire Oklahoma Natural Gas Leases and Three Gas Wells from Palmer Energy
AES Corp says $400mln LNG Terminal Planned for Baltimore County
FERC Rejects Request to Reconsider Fall River LNG Terminal and Again Rejects Proposed Providence Terminal
Gulf Coast LNG, Tractebel Sign MOU for EPC Contract for Proposed Calhoun LNG Regasification Terminal
Proposal for the Northeast’s Second Broadwater LNG Terminal to be Unveiled
Denver Oil, Gas Companies say “Split Estate” Bill Could Cripple Industry
Pacific Energy Resources Ltd. Enters Participation Agreement to Develop Wyoming Oil and Gas Project
Long Island’s Massive $1 Bln Safe Harbor Energy LNG Terminal Project in the Air
CANADA
Canada’s Beluga Waters Opened to Oil and Gas Development
Paradigm Oil and Gas Acquires Major Oil Sands Development Project in Alberta with Estimated 820 Mln Barrels
Big Role Seen for Canada Oil Sands in Global Crude Oil Supply
Worker Shortage Crimps Canada's Oil Sands Ambitions of 2.7 mln bpd by 2015
Japan to Study Importing Oil Sands from Canada
Quintana Canada Strikes $76M Deal to Acquire Tenergy Ltd.
MEXICO
Another Effort to Privatize Mexican Oil and Gas’ PEME
BOLIVIA
Bolivia to Seize Internationally Owned Oil and Gas Reserves, President-Elect Says
PERU
MEM, Peru LNG to Sign Camisea II Accord Requiring a $3.3 Bln Total Investment
Repsol Contemplates Start up of Peru 4 million tpy LNG project
Peru LNG Holds Dedication for $2.5 billion LNG Site
2. ASIA
Asia’s Oil & Gas Industry to Expand in 2006
AUSTRALIA
Australia, E. Timor Sign Oil, Gas Treaty worth Billions of Dollars in Revenues
Woodside Energy Ltd to Build Second LNG Loading Berth at Its Karratha Gas Plant
New $225 Mln LNG and Oil Exploration for Australia’s Santos
CHINA
Shanghai and Shenergy Co. Plan 2 Big Power Projects
GE Wins China Pipeline Contracts for $196 Mln
China's CNOOC Plans to Increase Oil and Gas Output by 9 Percent and Increase Total Capital Spending to $3.1 Bln
INDIA
India’s OGDCL Discovers Gas and Oil Reserves near Hyderabad with 1,065 bpd Capacity
India’s ONGC to Sign Agreement of Cooperation with China’s CNPC
Kochi LNG Plant Work to Begin in June with Initial 2.5 million tpy Regasification Capacity
Bharat says New LNG Plant in India to Cater to Three States
Petronet Plans terminal expansion at Dahej and LNG plant at Kochi
IOC-GSPC Shelves Third LNG Terminal Project in Gujarat
MALAYSIA
Consortium to Exploit Oil, Gas Find in Malaysia with Minimum $10.4 Mln Investment
PAKISTAN
Pakistani Govt to Award 16 New Oil, Gas Blocks to Bidders by 30th
SINGAPORE
Golar LNG Signs Contract with Singapore’s Keppel Shipyard For Construction of World's First LNG Floating Storage and Regasification Unit
THAILAND
Thoresen Thai invests $76.4 Mln for oil, gas
3. EUROPE / AFRICA / MIDDLE EAST
GERMANY / NORTH SEA
ConocoPhillips Scandinavia Awards Two North Sea Contracts for Subsea 7 Valued at $69Mln
GERMANY
German Energy Giant E.ON Considers North Sea LNG Terminal
HUNGARY / ROMANIA
Falcon Oil & Gas Awards Hungary and Romania Project Management Contract to Halliburton
SPAIN
New Spanish LNG Plant will Fuel a Combined Cycle
ANGOLA
Angola`s Growing Oil Production of over 1.3 Million bpd Attracts Foreign Investors
EGYPT
Shell Announces New Oil and Gas Finds in Egypt
LIBYA
BP, Libya Talks on Exploration Agreement Lead toward Possible Multi-Billion Dollar Agreement
NIGERIA
CNOOC Acquires Stake in $2.3bln Nigerian Oil and Gas Field
NLNG's Fifth LNG Plant Begins Production as Last Leg of a $2.1bln Expansion Program
BG Group to Explore for Gas, Oil in Nigeria
Nigeria LNG begins Production from Train 5
China May Fill Vacuum Left by Escalating Violence in Nigeria’s Oil Delta if Western Firms Leave
RUSSIA
Russia Scraps LNG Export Duties
Petro-Canada to Obtain Stake in Baltic LNG.
Naftogaz to Build $3 Bln Black Sea LNG Terminal
LUKoil Discovers Oil and Gas Field in Northern Caspian
Novosibirskneftegaz to Utilize Oil, Gas Investment Project
KRGYZSTAN
Russia's Gazprom To Help Kyrgyzstan Explore Oil, Gas
TURKMENISTAN
Turkmenistan Seeks Output Increase to Boost Exports by Investing $60 Bln until 2020
UKRAINE
JKX Oil & Gas plc Acquired New Exploration License, Onshore Ukraine
UZBEKISTAN
Russia, Uzbekistan Sign Oil and Gas Agreements Totaling $1.5 Bln
MIDDLE EAST
$44 Bln EPC Contracts Forecast in GCC
ISRAEL
Israel Plans to Build LNG Depot
OMAN
Thai PTT Exploration Finds Gas,Oil In Oman Shams-4 Well
QATAR
Chiyoda/Technip Signs New $4 Bln Contract for Two LNG Trains (6 and 7) in Qatar
For more information on all McIlvaine services, click on: www.mcilvainecompany.com or call: 847-784-0012.
Bob McIlvaine
rmcilvaine@mcilvainecompany.com