In relation to the construction of a high-pressure pipeline between Rembelszczyzna and Gustorzyn, on the 29-30th of January 2013, the company GAZ-SYSTEM S.A. has carried out final works related to drilling of a horizontal directional drilling (HDD), 1339 m long, under the Vistula River. This is one
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to $5.0 billion for the same period in 2011. For the full year, u
ABS, a leading provider of global classification services, said it will relocate its Northern European regional marine operations office from London to Hamburg, Germany. “This relocation is part of ABS’ ongoing effort to place our frontline decision makers closer to our clients and be more responsiv
BG Group of UK said its LNG Shipping & Marketing total operating profit for 2012 increased by 13% to $2 577 million despite 11 fewer cargo deliveries, reflecting favourable market conditions and strong demand, particularly from Japan. The tightening of the LNG market, which overall benefits the LNG
President of Lithuania, Dalia Grybauskaitė, met with representatives of the international energy corporation Chevron, Jay Johnson and Gilbert Ankenbauer, who presented the company’s experience in exploring shale gas. “It is important for any country to know its natural resources, energy reserves and
Damen Shiprepair Brest recently posted a video showing LNG tanker repair works. The LNG tanker shown in the video is the Bonny Gas Transport-owned, 79,822 DWT, LNG Sokoto. https://www.youtube.com/watch?v=hjQPNNvDjhg Damen Shiprepair Brest (formerly known as Sobrena) is a well-established repair yard
Moscow hosted another meeting of the Joint Coordinating Committee (JCC) between Gazprom and China National Petroleum Corporation (CNPC). The meeting was chaired by the JCC Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC. The
The Mesaimeer LNG carrier, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal on February 9, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cub
The PGNiG Supervisory Board is about to launch competitive recruitment processes to fill vacancies on the Company’s Management Board. The positions to be filled include Vice-President for Finance and Vice-President for Exploration and Production. A specialist senior staff recruitment consultancy wil
Exmar of Belgium said its LNG operating income was USD 30.5 million last year (compared to USD 31.0 million in 2011). “The LNG market was one of the most active segments of the shipping industry in 2012. High demand for Natural Gas in Asian countries is expected to last and additional gas production
Gazprom set up the Department for Maintenance and Repair to be headed by Alexander Filatov. The Department will become an integrated center responsible for planning and organizing extensive repairs of Gazprom’s facilities with a view to further improve the efficiency of these processes. The main obj
Russian Maritime Register of Shipping has completed Approval in Principal of technical documentation for the LNG tanker that will form the basis of the LNG carrier fleet to meet the future needs of Gazprom Group. The approved type of the ship (project name – “Gaz-Ice”) in some respects, exceeds the
Stolt-Nielsen reported unaudited results for the fourth quarter ended November 30, 2012. Net profit attributable to SNL shareholders in the fourth quarter was $18.2 million, with revenue of $510.9 million, compared with $7.1 million and $516.4 million, respectively, in the third quarter of 2012. Net
Inocean has developed and patented a new tank system for storage of LNG in connection with floating production and storage. This gives the market a strong alternative to the very few technologies previously available worldwide. “Our system is aimed at production rather than transport of LNG,” says I
