BAE Systems said it has been awarded the contract by Daewoo Shipbuilding and Marine Engineering (DSME) for the telecommunications integration package associated with the Wheatstone Project’s offshore gas processing platform. The contract is forecast to include 59% Australian content and is expected
TAP said in a statement that it has been selected by Shah Deniz as the pipeline route to Italy. “TAP will now enter into exclusive negotiations with Shah Deniz on progressing the project,” TAP said. The company firmly believes that TAP remains a strong contender to win the bid to transport Shah Deni
Shell Exploration & Production said it has made an offer of £992.4 million ($1.6 billion) for UK-based Cove Energy. The offer follows the decision announced by Cove in January to conduct a formal sale process for the company. Cove has an 8.5 percent stake in the Rovuma Offshore Area 1, in Mozambique
Shell announced today that Malcolm Brinded has agreed to step down as an Executive Director of the Company with effect from 1 April 2012. Mr Brinded is currently Executive Director Upstream International. He first joined Shell in October 1974 and has served the company in Brunei, the Netherlands, Om
Centrica plc said it has reached an agreement with Total E&P UK Limited to acquire their non-operated portfolio of producing oil and gas assets and associated infrastructure in the Central North Sea (CNS) for a total cash consideration of $388 million (£246 million). Around 20% of the consideration
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dusan Bajatovic, Director General of Srbijagas. Russian-Serbian cooperation in the energy sector was discussed during the meeting. In addition, Alexey Miller and Dusan Ba
Russia’s gas giant Gazprom and Kogas of South Korea, plan to hold the next round of talks for Russia-Korea gas pipeline in March, Gazprom said in a statement. Yesterday, Gazprom’s Deputy Chairman Alexander Medvedev and Kogas Executive Vice President Park Yong Sung met in Seoul. “The parties discusse
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) said that it has yesterday filed a suit against OAO Gazprom and OOO Gazprom Export with the Arbitration Tribunal in Stockholm. “The subject of the suit is an amendment of the price terms of the long-term gas supply contract of September 25th 1996 ex
Belgium’s Zeebrugge liquefied natural gas terminal is set to re-export a cargo of LNG on March 20, according to the Zeebrugge Port Authority. The cargo will be shipped by the British Sapphire, a 151,945 m3 tanker. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throughput capacity
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Ichiro Takahara, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry. The parties discussed the current i
Norway’s Hammerfest LNG terminal shipped an liquefied natural gas cargo today, according to shipping data. The cargo is being hauled by the Arctic Princess, a 147,208 cubic-meter tanker. The destination of the cargo is Gibraltar at this moment. The Statoil-operated Hammerfest terminal has a capacity
Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages comp
Golar LNG today reported consolidated net income of $17.2 million and consolidated operating income of $33.8 million for the fourth quarter of 2011. Revenues in the fourth quarter were $80.6 million as compared to $77.8 million for the third quarter of 2011. The increase is primarily as a result of
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean de Gliniasty, Ambassador Extraordinary and Plenipotentiary of France to Russia. The parties addressed crucial issues of the cooperation among Gazprom and French energy com
