Search results for: axpo

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A list of search results

  • 1 October 2012

    The Swiss energy supplier, Axpo, has a new organisation: In the future, EGL, which is mainly active in European energy trading, will operate under the Axpo brand. With an optimised Group structure geared to increase profitability, Axpo wants to generate a significantly improved EBIT of over 100 million Swiss francs per year. Ensuring the security […]

  • 27 January 2020
    Business & Finance

    Axpo Deutschland has taken over the marketing of all the electricity produced by Global Tech I (GT I) offshore wind farm. The German subsidiary of the Switzerland-based Axpo was previously marketing one-fourth of the offshore wind farm’s produced power. Now, the company is in charge of the overall power marketing, after winning the contract at […]

  • 10 October 2019

    Axpo Iberia has taken part in LNG bunkering operation of Sleipnir, the largest submersible crane ship in the world.

  • 17 August 2018
    Project & Tenders

    Swiss trading company Axpo Group agreed a term-sheet with the Canadian LNG project developer Pieridae Energy to negotiate a sales and purchase deal for volumes from Goldboro LNG project in Nova Scotia. 

  • 6 May 2019
    Project & Tenders

    Swiss energy trading company Axpo and German LNG Terminal, the joint venture developing Germany’s first LNG terminal, have signed a heads of agreement for a long-term capacity deal at the facility in Brunsbuettel in northern Germany.

  • 30 July 2013

    The Trans Adriatic Pipeline AG (TAP) today announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has acquired 10%. In addition, […]

  • 30 July 2013
    Business & Finance, Operations & Maintenance

    The Trans Adriatic Pipeline AG (TAP) announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has acquired 10%. In addition, Fluxys, […]

  • 30 July 2013

    The Trans Adriatic Pipeline AG (TAP) today announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has acquired 10%. In addition, […]

  • 28 January 2013

    Senior ministers from the Governments of Greece, Italy and Switzerland confirmed their countries’ strategic interest in the Trans Adriatic Pipeline (TAP).  At a high level meeting with representatives of the pipeline in Davos, Italian Minister for Economic Development Corrado Passera, Greek Deputy Minister of Economic Development Notis Mitarachi and Director of Swiss Federal Office of […]

  • 27 March 2020
    Innovation, Technology

    A consortium led by the Swedish company Liquid Wind wants to establish commercial-scale facilities that would produce liquid, carbon-neutral fuel from captured carbon dioxide and green hydrogen from renewable electricity. The fuels are intended to be used primarily by marine and road transport among others in the supply chain. Liquid Wind said it was already […]

  • 30 September 2014
    Business & Finance, Operations & Maintenance

    Enagás and Fluxys have signed an agreement to acquire 19% of Total and E.ON’s stake in the company that is developing the Trans Adriatic Pipeline (TAP) project, in which Enagás will hold a 16% stake. TAP’s shareholding is now comprised of BP (20%), Socar (20%), Statoil (20%), Fluxys (19%), Enagás (16%) and Axpo (5%). Fluxys previously […]

  • 14 April 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The EPCI contract (Engineering, Procurement, Construction and Installation) involves the installation of a gas pipeline between […]

  • 30 September 2014

    Fluxys and Enagás have acquired the stakes of Total (10%) and E.ON (9%) in the Trans Adriatic Pipeline (TAP).  Through the acquisition Fluxys increases its stake from 16 to 19%, while Enagás becomes a new 16% partner in TAP. Under the new arrangement TAP’s shareholding is now comprised of BP (20%), SOCAR (20%),  Statoil (20%), Fluxys […]

  • 9 April 2018
    Vessels

    Spain’s Bahía de Bizkaia Gas (BBG) received a cargo of liquefied natural gas from the Novatek-led Yamal LNG project in the Russian Arctic at its regasification plant in the port of Bilbao.

  • 14 April 2016

    Italian offshore contractor Saipem has secured a new contract related to the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The Engineering, Procurement, Construction and Installation (EPCI) contract involves the installation of a gas pipeline […]

  • 4 March 2016

    European Commission on Thursday approved the deal between Greece and the Trans Adriatic Pipeline, ruling it was in line with EU state aid rules.

  • 26 July 2016

    Switzerland-based MET International, the natural gas trading arm of MET Group, said it has completed its first liquefied natural gas (LNG) import transaction. MET International has purchased a cargo into Italy on a DES basis in mid-July to cover its downstream demand, according to the company’s statement. The cargo has already been discharged with MET […]

  • 6 December 2012
    Operations & Maintenance

    In the 1st quarter of 2013 two events related to offshore wind industry will be held, one in Germany and the other in the UK. Those involved in this emerging sector will have an opportunity to learn more about the O&M and supply chain from large wind energy companies. 5th Annual International Wind O&M Forum […]

  • 21 November 2013
    Business & Finance, Operations & Maintenance

    More than 200 senior level wind industry executives – already comprised of operators, OEMs, ISPs and technology specialists – have begun to engage with one another in preparation for their arrival at the 6th International Onshore and Offshore Wind O&M Forum (27-28 January 2014). Delegates are geared up to gain exclusive insight into the very […]

  • 10 March 2016

    Switzerland-based MET International, the natural gas trading arm of MET Group, has created a liquefied natural gas (LNG) trading desk that will be based at the company’s headquarters in Zug, Switzerland. Diego Galimberti, who was previously the head of long-term gas supplies and LNG at Axpo Trading, has been hired to lead the company’s new LNG […]

  • 30 July 2015
    Business & Finance, Storage

    The French cable specialist, Nexans, has reported a net loss of EUR 58 million (profit of EUR 25 million) after taking into account 38 million euros in net cost of debt and a 10 million euro income tax expense. On the other hand, EBITDA came to EUR 167 million, up from EUR 147 million in the first six months of […]

  • 8 September 2017
    Project & Tenders

    The Trans Adriatic Pipeline (TAP) that will transport natural gas from the giant Shah Deniz II field in the Caspian Sea off Azerbaijan to Europe is 50 percent complete. The 878-kilometer-long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming […]