Since the historic first visit of CEO, Stephen Tetlow, to the Middle East in October 2011, the Institution of Mechanical Engineers has been forging ever closer links with engineers in the region. Institution’s International Business Development Manager, Rachel Leech, undertook a visit to the Middle
The Spanish energy company Enagas has recently awarded IKM Testing Spain a new pre-commissioning and commissioning contract. The scopes of work are drying, inerting and leak testing of pipes and equipment for the “El Musel” LNG Plant. Additional to the scopes mentioned IKM will carry out the mainten
The Gazprom delegation headed by Alexander Medvedev, Deputy Chairman of the Company’s Management Committee is taking part in the 16th International Conference “Sakhalin Oil and Gas 2012”. At the keynote session Alexander Medvedev delivered a speech about Gazprom’s strategy in Asia. It was emphasized
Some 20 years elapsed since Gazprom group entered into a mutually beneficial partnership with Macedonia formed out of a republic of former Yugoslavia. In 2012, Gazprom Export signed a long-term agreement on Russian natural gas deliveries with Makpetrol A.D. for a period of 15 years. After the constr
Peru LNG shipped a cargo of liquefied natural gas to Spain on Tuesday, according to PeruPetro S.A. The cargo is being hauled by the Valencia Knutsen, a 173.400 cubic-meter tanker operated by Knutsen OAS Shipping. The Peru LNG project includes two parts: an LNG Plant with a Marine Terminal from which
Snam and Fluxys have closed the transaction to acquire E.ON’s stake in Interconnector UK, owner and operator of the subsea gas pipeline between the UK and Belgium. The acquisition is a new step forward in the joint approach of Fluxys and Snam to actively promote further integration of gas markets in
Energy exchange APX-ENDEX and gas transmission system operator Fluxys Belgium will launch a new Belgian exchange trade market to boost liquidity and price transparency on the Belgian gas market. The new market opens for trading on 27 September 2012. Trading members on the new APX Gas ZTP market will
DNV has been awarded the contract to class the Petronas LNG FPSO (FLNG). The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia. It is expected to be the world’s first floating liquefaction unit in operation when completed in 2015. The Petronas FLNG
Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the Board of Executive Directors of BASF held a working meeting at the Gazprom headquarters. Different aspects of cooperation in the oil and gas sector were addressed in the course of negotiations. The parties hav
Minister of Treasury, Mikołaj Budzanowski, on Monday, paid a visit to the construction site of the LNG Terminal in Świnoujście, the key investment for Poland’s energy security. This was the first Minister’ visit at the site since the successful operation – air-raising of roofs on both LNG storage ta
AGRI LNG Project Company, the project company for the AGRI Project, and Oil and Gas engineering group Penspen have today announced the signing of the contract to undertake a Feasibility Study for the Azerbaijan-Georgia-Romania- Hungary Natural Gas Interconnector Project (AGRI) as a result of interna
DNV has launched a Recommended Practice (RP) for the entire life cycle of shale gas extraction, based on risk management principles. The Recommended Practice provides a reference document for the independent verification of shale gas projects. The objective is for the RP to form the basis for a glob
UK’s Grain LNG terminal will receive a cargo of liquefied natural gas next week, according to shipping data. The cargo is being hauled by the 214,198 cbm Al Kharsaah tanker and it is due to arrive at the Grain LNG terminal on October 1. Grain LNG is the UK’s first modern LNG facility and can hold [&
Höegh LNG of Norway said it has completed the issuance of a senior unsecured bond issue of NOK 750 million in the Norwegian bond market with maturity date expected to be 3 October 2017. The bond issue will be swapped from NOK to USD and from floating to fixed interest rate. The bond issue was [&hell
