Projects

LNG Energy Ltd has acquired a 60% interest in a private Delaware company (PrivateCo) for a purchase price of USD 6 million. PrivateCo has recently entered into a purchase and sale agreement with BNK Petroleum Inc. under which BNK will sell to PrivateCo approximately 2800 acres of oil and gas leases which are adjacent to BNK's East Tishomingo Field development, in Carter County, Oklahoma and an estimated 86,000 acres of leases in the Black Warrior Basin of Mississippi and Alabama for USD 10 million.

Gravity West Mining has commenced a ground gravity survey on the first priority aeromagnetic targets E1, E2, and F on the Saint Urbain Titanium Project.

Norwegian-based oil and gas firm StatoilHydro has decided to shelve its planned oilsands upgrader, citing prohibitive costs, the state of the global economy, uncertain oil price outlook, and a lack of legislative clarity.

Fluor Corp. has announced that it has been awarded a contract for the construction and construction management of process, utility and offsites in connection with a coker refinery expansion project by WRB Refining LLC, a joint venture between ConocoPhillips and EnCana.

NRG Energy Inc. is developing a new biomass project at its Montville Generating Station in Uncasville, Connecticut.

The sculpture named Hard Bop, designed by Mr John Atkin, an internationally recognized artist, has been unveiled in Fillmore Plaza San Francisco as part of a regeneration project to integrate the space into a place where friends and the community can meet and socialize.

Titan Oil & Gas Inc., headquartered in Austin, Texas, USA, has appointed Justin Boose chief operating officer and director of the company.

Bobcat Gas Storage, owned by Haddington Energy Partners III LP and GE Energy Financial Services, has started up operations at its natural gas storage facility in St. Landry Parish, Louisiana, US.

DOF Subsea has been awarded a contract by EnCana Corp. to provide specialist subsea services from its multipurpose support vessel, the Skandi Bergen on the Deep Panuke project, offshore Nova Scotia, Canada.

Flint Energy Services Ltd of Calgary has won a CAN 50 million construction contract from StatoilHydro Canada Ltd to work on the Leismer oilsands demonstration project near Fort MacMurray, Alberta.