Gas infrastructure company N.V. Nederlandse Gasunie achieved a net profit of € 246 million during the first six months of 2012. More transport capacity was sold during the first part of 2012. There was also increased income compared to 2011 from new investments and participations, such as Gate, the
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on July 29, according to shipping data. The RasGas Asclepius LNG tanker, with a capacity of 145,ooo cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual thro
Technip of France posted second quarter net income of €134.2 million compared to €132.5 million in the same quarter last year. At the end of second quarter 2012, Technip’s backlog rose to €12,724 million, compared with €12,344 million at the end of first quarter 2012 and €9,413 million at the end of
Gasol, the West Africa energy development company, announced that Cornelia Meyer, a highly experienced energy expert, has been appointed as Chairman of the Company to lead the next stage in Gasol’s development. Ms. Meyer, whose appointment takes effect on 1st August 2012, brings significant sector-s
Repsol posted net income for the first half of the year of 1.036 billion euros, a 22.9% decline from the year-earlier period, when net income was 1.344 billion euros. Excluding YPF, which is no longer consolidated into the Repsol Group, first half net income, was 903 million euros, 14.6% lower due t
BG of UK said that its LNG total operating profit of $1 406 million in the first half of 2012 was 25% higher than last year as a result of favourable market conditions, with continuing strong demand for cargo deliveries outside of the USA, particularly from Asia. BG Group delivered 91% of cargoes (2
Shell said today that it has sold 4.57 million tonnes of LNG in the second quarter 2012, 5% lower than in the same quarter a year ago. Key features of the second quarter 2012 Second quarter 2012 CCS earnings were $5,964 million, 25% lower than in the same quarter a year ago. Second quarter 2012 [&he
Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compare
Gazprom‘s Board of Directors approved the 2011 report on the progress with the Gazprom Innovative Development Program until 2020. The meeting emphasized that Gazprom Group had spent RUB 7.9 billion on R&D in the past year, which was 12 per cent more than in 2010. As part of the Program, R&D was cond
Total has made the final investment decision for the Tempa Rossa field in the Basilicata region of southern Italy. Operated by Total (75%) alongside Shell (25%), the Tempa Rossa field is scheduled to come on stream in early 2016, producing 50,000 barrels of oil per day at plateau, along with 230,000
The shares in Golar LNG Limited, one of the world’s largest independent owners and operators of LNG carriers, will be delisted from Oslo Børs. Last day of listing will be Thursday 30 August 2012, Oslo Børs said in a statement. Golar LNG Limited has in letter dated 9 July applied for delisting of the
Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the Norwegian shipyard that will build the vessels, two of which will be owned
FX Energy reported gas shows from the top level of the Rotliegend sandstones at the Company’s Komorze-3K well. The gas shows were observed on the mudlogging unit during coring of the interval from 3,971 to 3,985 meters. The planned operations for the well are to core and drill to a total depth of 4,
The Al Mafyar liquefied natural gas tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on July 31, 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
