NOVATEK of Russia said that in the fourth quarter of 2012, the company’s gross production (including share in production by affiliates) totaled 15.30 billion cubic meters of natural gas and 1,162 thousand tons of liquids (gas condensate and crude oil). As a result, the company’s gross production for
STX Finland Oy’s Turku shipyard delivered a next-generation cruise ferry to Viking Line ABP. Building of the environmentally friendly M/S Viking Grace started at the STX Turku shipyard in September 2011 and the ship was floated out in August 2012. The ship provided some 2,600 man-years of labour to
The European Union will co-finance, with almost €2 million from the TEN-T Programme, a study to determine the required steps to integrate Liquefied Natural Gas (LNG) refuelling technology and infrastructure on the TEN-T road network in Spain and demonstrate the potential of LNG as an more environmen
The general director of energy for the Valencia Region, Antonio Cejalvo, the mayor of Benidorm, Agustín Navarro, and the general manager of Gas Natural Cegas, Roberto Cámara, attended the institutional valve opening event, which symbolises the arrival of the supply to Benidorm and the start of const
Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of Sea Systems Technology (SeaTechnik). SeaTechnik is a market-leading company predominantly specialized in the development of software and manufacture of emergency shutdow
Gas piped from fields off Norway to receiving terminals in Germany, Belgium, France and the UK totalled 107.6 billion standard cubic metres (scm) in 2012, up by 13.4 billion from 2011. “This represents a new record for Norway’s annual gas deliveries,” says Brian Bjordal, chief executive of transport
Turkey aims to buy extra 6 Bcm of liquefied natural gas, including some from Qatar, under long-term contracts to meet its growing energy needs, Reuters reported, citing Turkish Energy Minister Taner Yildiz. He said that the country is already in negotiations with Qatar, but Qatar may not provide all
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Karsten Heuchert, Chairman of the Verbundnetz Gas Executive Board and Uwe Barthel, Member of the Verbundnetz Gas Executive Board signed a Sci-Tech Cooperation Agreement. The parties agreed on elaborating a Sci-Tech Cooperation
Gasol, the West African energy development company, announced that it has agreed terms with Banque Benedict Hentsch & Cie SA (BBH) for the rollover of its maturing convertible loan facility by one year to a new maturity date of 30 December 2013. The revised terms of the BBH Facility comprise: the pr
GAS NATURAL FENOSA and the Algerian company, Sociéte Nationale pour la Recherche, la Production, le Transport, la Transformation et la Commercialisation des Hydrocarbures, S.p.A (Sonatrach), signed an agreement for the purchase from the latter of a 10% shareholding in Medgaz, S.A. (and 10% of shareh
The plan for installation and operation (PIO) of the Polarled gas pipeline on the Norwegian continental shelf (NCS) was formally submitted to the Ministry of Petroleum and Energy. “This represents a crucial step for the long-term development of Norway’s gas resources,” says Brian Bjordal, chief exec
GasLog said that it has appointed Paul Wogan as Chief Executive Officer. Mr. Wogan joined GasLog in February 2012 as Chief Strategy Officer and will now take over the day to day running of the Company from Peter G. Livanos who has served as both Chairman and CEO since the company’s IPO in April 2012
On January 3, a new test track was inaugurated at the Warnemünde location of Nordic Yards. The cooling zone is being used to test three models, so-called mock-ups, developed as part of the POLAR Alliance. These models, all of which are Nordic Yards’ own designs on a scale of 1:1, represent an LNG ca
Fluxys Belgium launched a market consultation on the contractual and regulatory documents for storage services in the natural gas storage facility in Loenhout. The proposed changes to the current documents on the subscription of primary capacity make it easier for Fluxys Belgium to meet market deman
