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Cambodian Exploration Opportunity

Medusa Mining Limited (ASX: MML) (Medusa or the Company) announces that it has entered into a Memorandum of Understanding with SEA Resources Pty Ltd, Sovann Resources Co., LTD (a related Cambodian entity of SEA) and the shareholders of Sovann (together, referred to as SEA) regarding an exploration opportunity in the Prek Kampi region of Cambodia (MOU). The main target of the exploration project will be gold and copper, but the arrangement is exclusive and will also cover oil and gas and precious stones.

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Bauer Group commissioned to expand the World’s biggest constructed Wetland Treatment Plant in Oman

 

In October 2017 the Bauer Group was awarded the contract to expand the world’s biggest industrial constructed wetland in the Sultanate of Oman on behalf of Petroleum Development Oman (PDO), the leading oil and gas exploration and production company in the country. The plant's first stage was completed in 2011 by the local subsidiary of Bauer Resources GmbH (Bauer Nimr LLC). The flagship project for treating contaminated water from oil extraction in the Sultanate of Oman in Nimr has won numerous international awards for excellence in sustainability, innovation and safety.

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Gazprom and BASF address joint Hydrocarbon Production Projects in Russia

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kurt Bock, Chairman of the Board of Executive Directors of BASF, took place at the Gazprom headquarters. The parties discussed the joint efforts in the ongoing development of hydrocarbon fields in Russia. It was noted that the total amount of natural gas produced from the Yuzhno-Russkoye field since the start of field development had exceeded 215 billion cubic meters.

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Japan to diversify LNG Imports

According to recent reports, America is on track to become one of the biggest exporters of LNG, joining the ranks of Australia and Qatar in LNG shipping. Figures show that United States has approximately 70 million tons a year of LNG capacity coming online, in comparison to Australia’s 87 million and Qatar’s 82 million tons of LNG.

Japan, one of the biggest importers of LNG, recently imported its first liquefied shale gas cargo from the United States earlier this year. Sources state that Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, meaning that Japan can start to lessen its dependence on the Middle East for its LNG requirements. 

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DMT contracted for 3D seismic Survey in Landau

 

The technology service provider DMT has been awarded a contract for a high-resolution 3D vibro-seismic survey to determine the geological structure of the subsoil in the Upper Rhine Plain. The seismic project will deploy approximately 7,000 wireless geophones and cover a total of around 58 km² in the Landau region (Rhineland-Palatinate).

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