The Bu Samra LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal on August 11, 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 cubic
Snam and Fluxys have signed a Memorandum of Understanding for developing and marketing reverse flow capacities from south to north between Italy and the UK. With this Memorandum of Understanding, both companies enhance their cooperation in the spirit of the EU Third Energy Package for a further inte
Following the ingression of water into the natural gas dryers, which led on 10 July to a temporary shutdown, the Melkøya plant is now back in production, Statoil said today. The LNG plant was started up again at the end of July/beginning of August and is gradually being returned to full production,
Dana Petroleum announced strong results from its Platypus gas appraisal well in the Southern North Sea, which recorded a test flow rate of 27mmscf per day on a 96/64” choke. Well 48/1a-6 was spudded on 11 April 2012 with the Ensco 80 jack up drilling rig. The well reached a total measured depth of 1
The Arbitration Institute of the Stockholm Chamber of Commerce resolved to settle most of Gazprom’s claims against the Ministry of Energy of the Republic of Lithuania. The Ministry had filed a case with the Lithuanian court against Lietuvos Dujos and its top management in breach of the Shareholders
Operator GDF SUEZ has made significant progress towards developing two major operated projects in the UK, Cygnus and Juliet, that illustrate its ongoing ambition to be a leading E&P company in the region. GDF SUEZ has a significant portfolio in the UK North Sea and West of Shetland with over 40 lice
GDF SUEZ reported solid results for first-half 2012, with EUR 50.5 billion in revenues representing an increase of +10.6%, despite a continued difficult economic and regulatory environment, in particular in the mature markets where the Group is present. Thanks to growth in current operating income,
ERG said that it will withdraw from the project to build a Liquefied Natural Gas (LNG) regasification terminal in the Municipality of Melilli (province of Syracuse), with an annual capacity of 8 billion cubic metres. The project, set up in 2005 via the creation of a 50-50 joint venture, under the na
South Stream Transport AG has started consultations in terms of preparation for the Environmental Impact Assessment (EIA) for the South Stream Offshore Pipeline in Russia. Consultations will be held together with the Municipality of Anapa (Krasnodarsky region). The entire EIA for the Russian Sector
Polskie LNG , a PGNiG unit, said it has on 27 July completed raising the roof on the first liquefied natural gas storage tank in the LNG terminal being built in Świnoujście. Polskie LNG said that it managed to complete the operation by using compressed air to lift a 600-tonne steel dome from the gro
Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas next week, according to Kaohsiung Port Authority. The Stena Clear Sky tanker, with a capacity of 174,000 cbm, will reach Yung-An terminal on August 6. The Yung-An terminal is Taiwan’s first liquefied natural gas receivi
With effect from 1 October 2012, Mr R. Oudejans will occupy the post of Chief Financial Officer (CFO) at Gasunie. He will take over from Mr H.A.T. Chin-Sue. Mr Oudejans will also be a member of Gasunie’s Board of Directors. Mr Oudejans has occupied various financial posts within the energy sector as
Eni, the international oil and gas company, announced its group results for the second quarter and the first half of 2012 (unaudited). Financial Highlights Adjusted net profit: €3.94 billion for the first half (up 8%); €1.46 billion for the quarter (up 2%); Net profit: €3.84 billion for the first ha
Gazprom has become the world’s most profitable company in 2011, according to Forbes magazine latest rating. The company netted $44.46 billion in profits in 2011, overtaking last year’s leader Exxon Mobil, which made a profit of $41.6 billion. Earlier, in another Forbes rating, Gazprom was ranked 2nd
