International Process Plants (IPP), through its affiliate, announced the purchase and acquisition from RWE AG, a multinational electricity and gas company based in Essen, Germany, of a Liquified Natural Gas (LNG) Peak Shaving Plant (PSP) located in Dormagen, Germany. IPP is now selling this LNG plan
Technip, leader of a consortium with JGC, was awarded by JSC Yamal LNG, owned by NOVATEK (80%) and TOTAL (20%), a contract to carry out the engineering, procurement, supply, construction and commissioning of an integrated facility for natural gas liquefaction. The project will start immediately with
Gas production has begun from the Rhyl gas field in Morecambe Bay, helping to secure the future of 400 North West jobs and boost energy security for the UK. The Rhyl field, located 39km off the coast of Barrow, was first discovered in 2009 and is wholly owned and operated by Centrica Energy. Gas fro
The Shah Deniz consortium has begun evaluating final offers it has received from the Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP) for transportation of Shah Deniz Stage 2 gas to Europe. The submissions allow the Shah Deniz consortium to conduct the final evaluation of each of
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on April 9, according to port data. The cargo is being hauled by the 141,000 cbm LNG Adamawa, and it is sailing from Nigeria’s Bonny terminal. The Sines terminal is held by REN Atlântico and has a nominal send out capaci
Shell is ready to invest several hundred million dollars in emerging technology companies, with the aim to accelerate the deployment of innovations that add value to the company’s operations. From smarter exploration processes to enhanced extraction techniques, Shell’s corporate venturing arm Shell
MVM Hungarian Electricity Private Limited Company signed the agreement governing the acquisition of E.ON’s Hungarian natural gas business units further to MVM’s General Assembly’s approval of the initialled contract. The total agreed purchase price amounts to around EUR 870 million and includes E.ON
Sovcomflot Group (SCF) has taken 4th place in a list of the top 30 tanker companies in the world as published by the British shipping magazine Tanker Operator. The preface to the list reads as follows: “Sovcomflot is continuing its rise to the very top of the global ratings and will undoubtedly reta
Klaipedos Nafta AB informed that, on 28 March 2013, the company decided to complete the procurement of purchase of financial services, related to planned financing of the company’s investment to the infrastructure of the liquefied natural gas terminal – a long term credit of EUR 73,000,000 and a gua
USA: Cheniere, Centrica Ink Sabine Pass LNG Deal Cheniere Energy Partners said that its subsidiary, Sabine Pass Liquefaction has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Centrica plc under which Centrica has agreed to purchase 91,250,000 MMBtu of annual LNG v
Ukraine is capable to import annually through the territory of Hungary 5 billion cubic meters of natural gas which will be purchased on sport markets. This was announced by Minister of Energy and Coal Industry Eduard Stavytskyi in an interview to journalists in Budapest. “Thus far the technical poss
On the 3rd of June 2013, the Transmission System Operators (TSO) GAZ-SYSTEM S.A., Poland and ONTRAS – VNG Gastransport GmbH, Germany (ONTRAS) will, for the first time, offer bundled capacity products at the interconnection point Lasòw. Capacity marketing will be carried out as a pilot project on the
OAO Sovcomflot President Sergey Frank presented a report at an Arctic summit organised by The Economist, a well-respected British magazine. The aim of the forum in Oslo was to discuss the most pressing issues concerning geopolitical and economic development in the Arctic, the ecological state of the
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman and CEO of Total. The meeting was particularly focused on the cooperation in geological exploration and field development in Bolivia. Further act
