Total of France and private equity firm Hellman & Friedman plan to sell their 30 percent stakes in Gaztransport & Technigaz (GTT), the world’s largest maker of storage tanks for LNG tankers. Shareholders will formally lodge a request to go public with the French authorities in the second half of thi
Technip was awarded by Statoil ASA an important lump sum contract for pipelay and subsea installations for the Snøhvit CO2 Solution project. The Snøhvit field is located approximately 140 kilometers north-west of Hammerfest in Norway, in the Arctic Circle, and has been in operation since 2007, follo
Last February, five Maritime Engineering bachelor students of the Delft University of Technology (the Netherlands) finished their Minor on Arctic Engineering. In cooperation with Damen Shipyards Group and other partners this project has now resulted, amongst others, in a new Arctic vessel: the Damen
A working meeting among Viktor Zubkov, Chairman of the Gazprom Board of Directors, Alexey Miller, Chairman of the Gazprom Management Committee and Donald James Umpleby III, President of Caterpillar Group took place at St. Petersburg as part of the International Economic Forum 2013. The parties stres
South Stream Transport has initiated two tenders, one for the supply of line pipe and another one for the construction of the South Stream Offshore Pipeline through the Black Sea. South Stream Transport identified those pipe manufacturers which are able to produce pipes according to the specific Pro
NOVATEK, Russia’s largest independent gas producer, announced that its equity stake in Nortgas increased from 49% to 50% as a result of an additional issue of shares. The per share purchase price of the additional stake is in line with the price paid for the 49% stake in Nortgas acquired earlier. No
UK’s South Hook LNG terminal is expected to receive a cargo of LNG next week from Qatar, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is due to arrive at the South Hook terminal on July 1. The South Hook terminal can process 15.6 mi
NGV2013 Gothenburg, the 4th NGVA Europe International Show & Workshops, was successfully held from 11 to 13 June 2013 in the city of Gothenburg, Sweden. Hosted by The Swedish Gas Association (Energigas) and organised by the NGV Communications Group, the NGV event of the year included an extensive ex
The engineering and services group Bilfinger said it has extended comprehensive framework agreement for the maintenance of Statoil’s LNG export terminal near the Norwegian city of Hammerfest. The agreement with Statoil runs for a period of three years. At the gas liquefaction plant on the island of
Alexey Miller, Chairman of the Gazprom Management Committee met with Henri Proglio, Chairman and Chief Executive Officer of EDF. The meeting took place as part of the St. Petersburg International Economic Forum 2013. The discussion centered on the status of the bilateral cooperation in the energy se
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 145,602 cbm Milaha Qatar on July 7, according to the Zeebrugge Port Authority. The Zeebrugge liquefied natural gas terminal is situated on a 30ha site in the outer port of Zeebrugge. It ha
GTT and FESRC have signed an agreement for the design and construction of LNG carriers in the Russian federation on June 21st 2013. This agreement is particularly aiming at developing the construction of LNG carriers in the far eastern region of the Russian federation, in Zvezda, a shipyard located
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Michael Fallon, Business and Energy Minister of the UK took place as part of the St. Petersburg International Economic Forum 2013. The parties addressed the issues of bilateral cooperation in the energy sector.
Rosneft and ExxonMobil announced the achievement of several milestones under their 2011 Strategic Cooperation Agreement, including joint venture formation for the Kara Sea and Black Sea projects, and establishing foundations for joint ventures to explore seven other licenses in the Russian Arctic an