Clean Fuel
Announcing Offshore Energy 2014, The Netherlands
Offshore Energy Exhibition and Conference 2014 will be held on 28 & 29 October 2014 at the Amsterdam RAI, the Netherlands. 2014 brings the 7th edition of Offshore Energy. Offshore Energy is the fastest growing gathering of offshore industry professionals. Founded in 2008 with 70 exhibitors and 1,765
Top News of The Week September 9-13, 2013
Hoegh Sells LNG Tanker Norman Lady for Recycling Höegh LNG said it will through its 50/50 joint venture company Methane Carriers take redelivery of the LNG tanker Norman Lady on 15 September. The redelivery follows a successful 14 year charter with Gas Natural Aprovisionamientos SDG of the vessel bu
Hoegh Sells LNG Tanker Norman Lady for Recycling
Höegh LNG said it will through its 50/50 joint venture company Methane Carriers take redelivery of the LNG tanker Norman Lady on 15 September. The redelivery follows a successful 14 year charter with Gas Natural Aprovisionamientos SDG of the vessel built in 1973. The owners have decided to sell the
Norway: Hoegh LNG Issues Stock Options
The Board of Directors of Höegh LNG has approved granting 70,000 stock options to members of the group’s senior management. The strike price is NOK 53 per share, and the options will vest with one third on 31 December 2013, 2014 and 2015, respectively. The options are non-tradable and conditional up
Spain: Gas Natural Fenosa, KOGAS Sign LNG Deal
Gas Natural Fenosa said it has signed an agreement with KOGAS of South Korea to supply the world’s largest corporate buyer of LNG with 1-1.5 bcm of gas over the next two years. The deal strengthens the position of Gas Natural Fenosa as a global LNG operator and reinforces its growth in Asia, the com
Amec Withdraws Kentz Offer, UK
Amec plc said that it is no longer considering an offer for for oil and gas construction firm Kentz. “As previously indicated in our announcement on 19 August 2013, following receipt of the approaches from Amec and M+W Group GmbH, the Company together with its advisors undertook a detailed evaluatio
EIA: Oil and Gas Production Growing in Caspian Sea Region
The Caspian Sea region, which includes Russia, Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Iran, is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production. The area has significant oil and natural gas reserves from both offsho
Klaipedos Nafta Transfers LNG Procurement to LITGAS
Klaipėdos Nafta and LITGAS signed on Tuesday the Agreement on Transfer – Acceptance of LNG Procurement, whereby the Company transferred all the functions, rights and obligations of the Company in connection with liquefied natural gas trade and natural gas supply activities to LITGAS as from the Agre
Valery Golubev: Gazprom Most Prepared to Work in Arctic Environment
St. Petersburg hosted on Tuesday the opening of the 11th International Conference for Oil and Gas Resources Development in the Russian Arctic and CIS Continental Shelf (RAO/CIS Offshore 2013). A Gazprom delegation is taking part in the event. Valery Golubev, Deputy Chairman of the Gazprom Management
Norway: DNV and GL Get Final Merger Approval
DNV GL will be the world’s largest ship and offshore classification society to the maritime industry, a leading provider of technical assurance and risk management services to the oil & gas industry and a leading expert in wind and power transmission and distribution. DNV GL also takes the position
OLT Offshore: First STS LNG Transfer Completed, Italy
OLT Offshore LNG Toscana said that on Sunday, first LNG offloading via ship-to-ship transfer has been completed. The activity of offloading, which started on September 2nd from the carrier LNG Leo, has been perfectly concluded. This activity included also side-by-side mooring/unmooring, loading arms
The Netherlands: Eneco Reloads Small Scale LNG Vessel at Gate Terminal
For the first time in its history a small scale LNG reload has been conducted at Dutch Gate terminal. On 6 September 2013, the “Coral Methane” docked at the terminal on the Maasvlakte in Rotterdam. This first LNG exports stems from a contract between Eneco and AGA Gas AB for transit of LNG to Scandi
Sibur Voronezh LPG Tanker Arrives at Port of Ust-Luga, Russia
On 9 September, Sibur Voronezh arrived at the commercial seaport of Ust-Luga. This new gas carrier will be used by SIBUR for the scheduled year-round transportation of chilled liquefied petroleum gas (LPG) from the company’s own terminal. Sibur Voronezh has been chartered to SIBUR under a long-term
Shell and Baker Hughes Develop Reservoir Modelling Platform
Shell and Baker Hughes announced a software license and joint development agreement to produce a high-end platform for geological and reservoir modelling. The new platform will bring enhanced evaluation and visualization capabilities to Shell allowing geoscience and petroleum engineering experts to