Gas infrastructure company Gasunie is writing down a total of € 1.3 billion over 2011. This includes the € 900 million already written down at the occasion of changes in the regulatory framework in the Netherlands and that was accounted for in the interim report in mid-2011. On top of that and despi
As reported by Port Strategy, MAFI Transport-Systeme GmbH, a worldwide leader on the market of production of tractors for in-plant transportation in seaports, industry, logistics and distribution centres, launched a new generation of terminal tractors. The novelty introduced in the new generation is
GE announced that the first 32-megawatt MS 5002E gas turbine unit fully assembled in St. Petersburg has successfully passed commissioning acceptance tests at REP Holding’s (REPH) Nevsky Zavod manufacturing facilities. Under a 2008 license agreement between REPH and GE Oil & Gas, REPH is assembling “
The Asian Development Bank (ADB) is providing a $100 million loan and $200 million political risk guarantee for the development of a natural gas field project in Uzbekistan’s southwest. “This deal marks the first commercial lending to Uzbekistan’s crucial natural gas industry and should pave the way
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the Al Aamriya, a 210,168 cbm tanker, on April 10, according to the Zeebrugge Port Authority. Fluxys, the operator of the terminal, recently said that it has unloaded 70 carriers at the Zeebru
GAZ-SYSTEM S.A. and the Slovakian eustream a.s. have signed the contract for feasibility study on the conditions for implementing the gas pipeline interconnection between Slovakia and Poland. The winner of the tender is GAZOPROJEKT S.A, which will cooperate with recognized consultant Ernst & Young a
Largest Russian shipowner, Sovcomflot, recently selected the dual-fuel MAN 51/60DF engine for an LNG carrier newbuilding programme comprising of two confirmed vessels with an option for two more vessels. The dual-fuel diesel electric propulsion system and the MAN 51/60DF engine have been selected to
A chance for Poland, which is shale gas, was discussed recently by the Minister of Treasury Mikołaj Budzanowski at the conference entitled “Poland on shale gas. Local global business perspectives”, organised by the Employers of Poland. During the conference, Minister Budzanowski referred to the orig
Eni of Italy said it has started production from the Marulk field in the Norwegian offshore located about 80 km from the coast. The Marulk field is the first field that Eni has directly operated in Norway and is part of the PL122 license held by Eni (20%) with Statoil (50%) and DONG (30%). Marulk [&
Hamworthy Oil & Gas Systems has secured a contract to supply its innovative LNG regasification technology for the third Höegh LNG Floating Storage and Regasification Unit (FSRU) under construction at Hyundai Heavy Industries. Working together with Sinopacific Offshore and Engineering (SOE) Wärtsilä
LNG player BG Group of UK today announced the start-up of production from the Gaupe field located in the Norwegian North Sea. Gaupe marks BG Group’s first production from the Norwegian Continental Shelf. With estimated gross recoverable reserves of around 30 million barrels of oil equivalent (boe),
Russian gas giant Gazprom said it has completed drilling of five gas condensate production wells at the Nizhne-Kvakchikskoye field. Once the construction and connection of new wells is finished, the total number of wells will reach nine – that will create the conditions required to increase gas outp
Gasum Oy is planning the imports of liquefied natural gas (LNG). The company is exploring the feasibility of constructing a large import terminal in Southern Finland, either in Jöddböle, Ingå, or Tolkkinen, Porvoo. If completed, the terminal investment is anticipated to total several hundreds of mil
Damen Shipyards is the new operator of French shiprepair yard Sobrena. The yard will be renamed Damen Shiprepair Brest and will continue to serve the maritime and offshore industries with shiprepair and conversion services. The yard has three drydocks (up to 420 x 80 m) and will be available for rep
