Düsseldorf-based E.ON SE posted EBITDA of about €10.8 billion and underlying net income of about €4.2 billion in the 2012 financial year. “Our solid results, which also reflected a number of positive one-off effects, are gratifying and a tribute to our employees’ outstanding dedication and performan
Technip announced the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry, and provides engineering services
DNV and Statoil launched a competence programme that aims to enhance the two organisations’ knowledge about particular Arctic challenges. “Due to Arctic-specific risks such as remoteness, darkness, ice and low temperatures, it is utterly important to take a stepwise approach in which we learn and im
Ascopiave S.p.A. and Eni S.p.A. have signed a Letter of Intent in which they have identified the principles of a partnership for the joint development of gas and electricity sales activities for residential and small and medium-sized enterprise customers. The area of interest will be the Triveneto r
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit to the Greek Republic. A working meeting with Antonis Samaras, the Greek Republic Prime Minister took place as part of the visit. The parties addressed the cooperation in the gas sector. Special
Transporting oil and gas from high-pressure and high-temperature reservoirs through pipelines is a major challenge. DNV has developed a new concept – SliPIPE – to deal with pipeline expansion. A pipeline laid on or buried in the seabed responds to high pressure and high temperature by expanding, res
While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam. In
Extronics, a leading designer and manufacturer of intrinsically safe and explosion proof equipment, announced the launch of their latest digital camera for hazardous areas – the iCAM502. Building on the outstanding success of the original iCAM501, this latest model has a number of significant new en
Russia’s largest independent gas producer Novatek plans to sign the EPC contract on construction of the Yamal LNG terminal in one-two weeks, the company’s CFO Mark Gyetvay said, Interfax informs. He also revealed that, after the signing, the company can provide a more exact figure concerning constru
Klaipedos Nafta said that on 8 March 2013 the company and Lietuvos Dujos have executed a service agreement on LNG terminal’s connection to the operating natural gas transmission system. “Following the agreement the parties agreed, that in accordance with established technical parameters the company
Yury Spektor was elected as Director General of Gazprom Promgaz. Yury Spektor was born in 1960 in Ufa. He graduated from Ufa Oil Institute, majoring in Construction of Gas and Oil Pipelines, Gas and Oil Storages. Yury Spektor is a Doctor of Engineering, Professor. Alexander Karasevich, former Head o
Total announced the restart of production on the Elgin/Franklin area on 9 March 2013, following the approval of the safety case by the UK Health and Safety Executive (HSE). Production resumes gradually and should soon reach close to 70,000 barrels of oil equivalent per day (boed; approximately 30,00
1) JAPEX to Participate in Pacific Northwest LNG Project, Canada Japan Petroleum Exploration (JAPEX) said that it has entered into a Heads of Agreement with Petroliam Nasional Berhad （PETRONAS）to participate in a natural gas development and production project in British Columbia, Canada and a planne
Ukraine and Russia will continue discussion of gas issue in April. It was stated by the Ukrainian President Viktor Yanukovych in his interview to journalists in Kaniv. According to the President, the gas issue is considered by the governments of the two states with involvement of leading consulting
