Repsol YPF, S.A. and Petróleos Mexicanos (Pemex) have entered into a termsheet by virtue of which they commit to negotiate an industrial strategic alliance that will contribute to the better development of their respective strategic plans and that will establish channels for mutual collaboration. Th
ABB, the leading power and automation technology group, has won an order to provide an energy management system for one of the world’s most environmentally-friendly cruise ferries, which is due to be delivered to Viking Line in 2013. The ship is being built in Finland at the STX Yard in Turku. The n
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on February 2, according to the Milford Haven Port Authority website. The Lijmiliya LNG tanker, with a capacity of 263,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million ton
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Management Committee and Sherali Gul, Minister of Energy and Industry, Republic of Tajikistan. During the meeting the parties discussed the operational issues related to the present status and future prospects o
Nordstream, Gasunie, Gate Terminal and Qatargas emerged as the overall winners in the closely contested European Gas Conference Awards which were announced at a gala reception hosted by Austrian gas giant OMV in Vienna on 25 January. Nordstream won the award for “Pipeline of the Year”, Gasunie the “
Fairstar Heavy Transport N.V. (FAIR) announced that it will take delivery of the 50,000DWT semi-submersible vessel FORTE, currently under construction by Guangzhou Shipbuilding International (GSI) in China, on May 23, 2012. Willem Out, Chief Operating Officer of Fairstar, visited the FORTE just befo
The LNG supply chain will be gathering in London this March for EIC Connect LNG, part of the highly successful EIC Connect series of supply chain networking events bringing together the world’s leading operators and contractors from across global energy projects. The event will be hosted by the EIC,
Elengy, a GDF unit, said in a statement it is offering a new commercial service dedicated to LNG tankers reloading operations at the Montoir-de-Bretagne LNG terminal. This service, starting from February 1st, shall reinforce terminal’s competitiveness allowing shippers to benefit from additional fle
Belgium’s Zeebrugge liquefied natural gas terminal is set to re-export a cargo of LNG on February 3, according to the Zeebrugge Port Authority. The cargo will be shipped by the Golar Maria, a 145,000 m3 tanker. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throughput capacity of
Helle Kristoffersen (47) has been appointed Senior Vice President, Strategy & Business Intelligence at Total, effective January 1, 2012. She succeeds Jean-Jacques Mosconi, who has been named Senior Vice President, Refining & Petrochemicals Europe. Ms. Kristoffersen joined Total in January 2011 as De
The global LNG market will remain tight until at least 2014, Reuters reported citing Macquarie’s analyst Jason Gammel. “The removal of nuclear generation from the Japanese electricity grid has completely changed their demand for natural gas, and it’s made the LNG market extremely tight until at leas
The Board of Directors addressed potential opportunities for Gazprom to expand its presence in the global gas market and related markets, such as power generation and gas chemistry. The Gazprom Management Committee was tasked to proceed with the following key measures aimed at expanding the Company’
Liquefied natural gas from the Shtokman project in Russia may be shipped to Japan, Reuters reported, citing Gazprom’s CEO Alexei Miller. “The Japanese market is the biggest LNG market in the world and considering the decision by the Japanese government to reduce nuclear power generation, the demand
Mr Mark Miles and the Supervisory Board of SBM Offshore have mutually agreed that he will not stand for re-election at the next AGM on 16 May 2012. The Supervisory Board will take steps to arrange for Mr Miles’ succession. Until such time Mr Miles has agreed to continue as CFO of the Company. [mappr