LNG Energy Ltd. announced that the Peshtene R-11 well in Bulgaria has been successfully drilled to its total depth of 3,190 meters under the farm-in agreement with TransAtlantic Worldwide Ltd., a wholly owned subsidiary of TransAtlantic Petroleum. The Peshtene R-11 well, located on the A-Lovech expl
Wärtsilä announced that, at both the Court Meeting and General Meeting of Hamworthy plc held earlier today in relation to Wärtsilä’s recommended acquisition of Hamworthy by way of Scheme of Arrangement, all the resolutions proposed received the strong support of Scheme Shareholders. At the Court Mee
The Tamar partners signed a gas supply contract with Dalia Power Energies to sell up to 1.38 bcm of natural gas annually over 17 years. Dalia Power Energies will begin receiving gas in the second half of 2014. The deal is worth about $5 billion. The Tamar gas field is located in the Mediterranean Se
Eni announced Havis oil and gas discovery in the Barents Sea, about 200 km off the Norwegian cost. The discovery, made with the Havis 1 NFW exploration well in a 365 meter area of water and at a depth of approximately 1,750 meters, revealed between 190 and 315 Mbbl of recoverable oil and between 4 [
Awilco LNG announced today that the WilEnergy charterer has declared their option to extend the original period under the Charter Party until February 2013. Estimated EBITDA contribution for the WilEnergy in 2012 is expected to be MUSD 21.5. The vessel will be dry-docked for a period of approximatel
Recently, Mr. Werner Schlott, CEO of TGE Gas Engineering GmbH, a leading Engineering company with many years involvement in Chinese projects and Mr. Philippe Berterottière, President & CEO of GTT, the world leader in LNG containment systems, signed a License Agreement for the design and construction
South Korea’s Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries are exploring a joint bid for Gaztransport & Technigaz (GTT) valued at $1.27 billion, Reuters reported, citing anonymous sources. GTT is a French engineering company specialized in cryogeni
Solstad Offshore ASA (SOFF) has today taken delivery of “Normand Arctic” from STX OSV AS, Langsten. “Normand Arctic” is a large LNG fuelled platform supply vessel (PSV). The vessel will be trading in the North Sea for Statoil for a firm period of 3 months with additional 5 montly optins. [mappress]
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Qatar on January 19, according to the Port of Sines website. The Lusail LNG Tanker, with a capacity of 145,000 cubic metres, is sailing from Port of Ras Laffan. The terminal is held by REN Atlântico and has a nominal send out [&
The Al Nuaman LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal January 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
Knutsen OAS Shipping has received permission from Russian authorities to carry LNG from Snøhvit to Japan trough the Northern Sea Route. “We started preparations in the spring of 2010. The Murmansk based NSR administration has now approved our application, subject to our acquiring charts, navigation
Cove Energy, the AIM quoted upstream oil and gas company, has put itself up for sale as the company looks to extract maximum value from the development of its offshore operations in Mozambique. “Rovuma Area 1 Interest represents a substantial portion of Cove’s asset value within the portfolio of foc
The Estonian government approved legal measures for the unbundling of natural gas supply and distribution by 2015, the economy ministry said in a statement today. Estonia depends on gas imports from Russia’s Gazprom and this measures will help operators of planned regional LNG terminals to provide a
Total said today that Humbert de Wendel has been appointed as Senior Vice President, Finance & Cash Management and Corporate Treasurer. He had been Head of Merger & Acquisitions since 2006. Mr. de Wendel has spent his entire career at Total, primarily in the Finance Division. After joining the Group
