DCC plc, the sales, marketing, distribution and business support services group, has reached agreement with BP plc to acquire BP’s liquefied petroleum gas (LPG) distribution business in Britain. Completion of the acquisition is expected to take place at the end of September 2012. The Business suppli
The latest LNG cargo to be loaded at Norway’s Hammerfest terminal has been dispatched to Japan, according to shipping data. The 147,208 m3 Arctic Lady departed Hammerfest yesterday, and it is sailing to Japan’s Futtsu terminal. The Hammerfest terminal is operated by Statoil and it has a capacity to
Rosneft and ITERA Group have closed a deal to create a joint venture on the basis of ITERA Oil and Gas Company to produce and sell gas in line with the terms of a strategic cooperation agreement signed on 28 February 2012. Rosneft obtained 51% in the joint venture in exchange for a 100% stake [&hell
The Al Nuaman LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal on August 12, 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 cubi
Wayne, A GE Energy Business and a global innovator of fuel dispensers and forecourt technologies, announced that it has relocated the company’s production of compressed natural gas (CNG) dispensers manufacturing operation from Talmona, Italy, to Malmö, Sweden. The move to Malmö, Wayne’s European tec
Cuadrilla Resources’ drilling rig is due to arrive at its Anna’s Road site in Westby. The rig is set to take a few weeks to set up on the site and is expected to remain there for a few months. Once the well drilling is completed the rig will be dismantled and removed. As has […]
Specialist pipe measurement technology company for the oil and gas industries, Optical Metrology Services (OMS) , has successfully completed a series of pipe measurement surveys for GRTgaz, France’s largest natural gas operator. GRTgaz operates and markets natural gas to the Public Distribution Syst
UK-based Cape said its trading performance of the company’s onshore business unit in Australia deteriorated sharply in the second quarter. Following a review of this business, it has become clear that the trading performance for the Far East/Pacific Rim Region for the remainder of the year will be w
For the first 6 months of 2012 E.ON expects its group EBITDA to be around EUR 6.7 billion (prior year: around EUR 4.3 billion) and its underlying net income to be around EUR 3.3 billion (prior year: around EUR 0.9 billion), the company said in a statement. The extraordinary increase results from the
GDF SUEZ as operator with partners Centrica and Bayerngas have announced sanctioning of the £1.4 billion Cygnus project to develop the sixth largest gas field in the UK Southern North Sea. GDF SUEZ (38.75%) will operate the field with partners Centrica (48.75%) and Bayerngas (12.5%). Initial contrac
BP is to establish a $100 million international research centre, known as the BP International Centre for Advanced Materials, or BP-ICAM. This centre will lead research aimed at advancing the fundamental understanding and use of materials across a variety of oil and gas industrial applications. The
GDF Suez said it has signed a second medium term agreement with Korea Gas Corporation (KOGAS), the South Korean public natural gas company. Under this new agreement, GDF SUEZ will supply KOGAS with 24 cargoes of liquefied natural gas (about 1.6 million tons) from 2013 to 2014. LNG volumes will be so
Marquard & Bahls through its subsidiary Bomin, a leading provider of marine fuels, and technology company The Linde Group announced that they will establish a joint venture company in order to build an infrastructure for liquefied natural gas (LNG) in the maritime sector in Europe. The 50/50 joint v
UK’s Grain LNG terminal will receive a cargo of liquefied natural gas this week, according to shipping data. The cargo is being hauled by the 216,164 cbm Al Sahla tanker and it is due to arrive at the Grain LNG terminal on August 9. Grain LNG is the UK’s first modern LNG facility and can […]
