Search results for: South Stream

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  • 11 March 2014

    The Supervisory Board of South Stream Transport B.V. today approved the signing of a construction contract for the South Stream Offshore Pipeline.

  • 19 April 2019
    Business & Finance

    South Stream Transport and Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14, 2014. According to Saipem, the companies have positively ended their negotiations signing an agreement to amicably settle the arbitration. In March 2014, Saipem was contracted by South Stream Transport for the construction of […]

  • 2 December 2014

    Russian President, Vladimir Putin, said the construction of the South Stream project will not continue.

  • 30 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Russia’s Gazprom has signed an agreement for the acquisition of the remaining 50% stake in the South Stream gas pipeline project (South Stream Transport BV). South Stream Transport was owned by Gazprom with a share of 50%, by Eni with a share of 20%, and Wintershall and EDF with a share of 15% each. The […]

  • 7 October 2013
    Business & Finance, Operations & Maintenance

    Shareholders of South Stream Transport B.V. held a meeting where they discussed and confirmed the implementation of a number of the Shareholders Agreement terms and conditions, including the company’s long-term business plan draft approval and the Gas Transmission Agreement between Gazprom Export and South Stream Transport B.V. Shareholders Meeting confirmed the decision to continue the […]

  • 18 April 2012

    The head of Russian Gazprom Alexey Miller was in Hungary yesterday where he held talks with Prime Minister Viktor Orban. “The parties reviewed the progress with the South Stream gas pipeline project, highlighting its strict compliance with the schedule. A focus was placed on the issues of granting the national significance status to the project,” a Gazprom statement […]

  • 9 July 2015
    Business & Finance

    Italy’s Saipem confirmed it has received notification of the termination for convenience of the South Stream BV contract. Namely, the company received the termination late in the evening of July 8, 2015.  Earlier today reports emerged that Russian gas giant Gazprom has cancelled the Turkish Stream pipeline construction contract it had with Italian oilfield services contractor Saipem. […]

  • 2 February 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Italian oilfield services player, Saipem, has filed a €759 million claim against Gazprom after Russia decided to scrap the South Stream project resulting in the termination of a major contract related to the pipe laying activities under the Black Sea. Namely, in the company’s prospectus of January 25, Saipem informed that on November 10, 2015 […]

  • 7 December 2014

    Last week was all about South Stream pipeline cancellation and therefore some of the most read stories in the first week of December were related to South Stream. You have also read about Schlumberger axing its seismic fleet and workforce and offshore worker being evacuated from the North Sea platform.   Scroll down to see […]

  • 3 October 2013
    Business & Finance, Project & Tenders

    The Gazprom Management Committee Chairman Alexey Miller took part in a meeting of the South Stream Transport B.V. Board of Directors in Paris, France. During the meeting the Board of Directors approved a detailed construction schedule, endorsed the company’s long-term budget and confirmed the commissioning of South Stream’s first offshore line before the end of […]

  • 3 October 2013
    Business & Finance, Research & Development

    The Gazprom Management Committee Chairman Alexey Miller took part in Paris (France) in a meeting of the South Stream Transport B.V. Board of Directors. During the meeting the Board of Directors approved a detailed construction schedule, endorsed the company’s long-term budget and confirmed the commissioning of South Stream’s first offshore line before the end of […]

  • 14 November 2014
    Operations & Maintenance

    The Gazprom Management Committee addressed the progress of the South Stream gas pipeline construction project. It was stressed that South Stream Transport was ready for constructing the most complicated part of the project – the first and the second strings of the offshore gas pipeline. FEED activities are completed for the offshore section. At present, the project contractor Saipem is engaged in detailed […]

  • 30 December 2014
    Project & Tenders

    Gazprom agreed to buy out the stakes of Eni, EDF and Wintershall in South Stream Transport.

  • 7 September 2012

    The Gazprom headquarters hosted a working meeting between Leonid Chugunov, Head of the Project Management Department and Marjan Eberlinc, Director General of Plinovodi. The parties discussed the Russian-Slovenian cooperation within the South Stream project. It was highlighted that on September 5, 2012 the South Stream Slovenia LLC joint project company was set up to implement […]

  • 21 December 2012

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Szijjarto, Hungarian State Secretary for Foreign Affairs and External Economic Relations. The parties discussed the cooperation between Russia and Hungary in the gas sector placing an emphasis on the progress with the South Stream project. The parties […]

  • 15 January 2013

    The Serbian government plans to grant the national project status to the construction of the Serbian section of the South Stream gas pipeline before the end of January. “The government has already written up a draft law associated with giving the South Stream project the status of a national project,” Serbia’s Finance and Economics Minister, […]

  • 15 November 2012
    Business & Finance, Operations & Maintenance

    Milan (Italy) hosted yesterday a meeting of the South Stream Transport Board of Directors. The Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipeline section. “The South Stream project makes a great […]

  • 5 October 2012

    Gazprom delegation led by Leonid Chugunov, Head of the Gazprom Project Management Department paid a working visit to the Republic of Slovenia. South Stream Slovenia, a joint project company set up to construct the South Stream section in Slovenia, held the first meeting of its founding members. The parties discussed the company’s work schedules up […]

  • 15 November 2012
    Business & Finance, Project & Tenders

    The South Stream Transport Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF yesterday in Milan, Italy discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipeline section. The financial details of the FID were not announced. “The South Stream project makes […]

  • 6 October 2013

    Shareholders of South Stream Transport B.V. held a meeting where they discussed and confirmed the implementation of a number of the Shareholders Agreement terms and conditions, including the company’s long-term business plan draft approval and the Gas Transmission Agreement between Gazprom Export and South Stream Transport B.V. Shareholders Meeting confirmed the decision to continue the […]

  • 22 May 2012
    Business & Finance

    The Gazprom Board of Directors today reviewed the progress with the South Stream project. The meeting discussed the operational status of the offshore and onshore sections of the gas pipeline. It was underlined that the project was being implemented according to schedule and the South Stream construction would be launched in December 2012. The Gazprom […]

  • 16 February 2012
    Business & Finance

    Gazprom chairman Alexey Miller,  held a meeting on the South Stream project implementation. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Executive Officer of South Stream. The meeting participants reviewed in detail the project’s current status and […]