Articles Tagged "Gas Company News"

Teekay LNG Partners Secures Interest in 4 LNG Newbuildings

Gas – Teekay LNG Partners L.P. (NYSE:TGP) has acquired ownership interests in four 174,000 cubic meter Tri-Fuel Diesel Electric liquefied natural gas (LNG) carrier newbuildings from BG Group (LSE:BG). The vesels will be constructed by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China and are scheduled to deliver between September 2017 and January 2019. Each newbuilding will operate under a 20-year time-charter contract, plus extension options, with Methane Services Limited, a wholly-owned subsidiary of BG.

Quattro Exploration and Production Announces $50 Million Capital Budget and $3 Million Increase in Term Facility

Gas – Quattro Exploration and Production Ltd. (TSXV:QXP) reported the approval of its $50 million capital budget, including a three year drilling program, which will commence in the third Quarter of 2014. Phase I of the program will focus on its operated lands in Western Canada.