The order book of Imtech has increased at the end of 2011 – in spite of challenging economic circumstances in a number of countries and markets – by 600 million euro or by 12% to 5.8 billion euro. ‘Imtech will close the books on a good 2011 and is well positioned for further growth in […]
Petrofac and Schlumberger announced today that their Integrated Energy Services (IES) and Schlumberger Production Management (SPM) divisions respectively have signed a Co-operation Agreement under which these divisions will establish a working relationship to deliver integrated and high-value produc
SGS, the world’s leading inspection, verification, testing and certification company, announced the closing of its Share Buy-Back program which was in effect from 26 March 2009 until 31 December 2011. During this period SGS bought 50’776 shares at an average price of CHF 1’516 for a total considerat
Gasum Oy and Estonia’s leading gas company AS Eesti Gaas have signed a Memorandum of Understanding on 21 December 2011 for a project that aims to establish a jointly owned natural gas exchange in the Estonian gas market. The Memorandum of Understanding comes after a similar agreement in November bet
Gazprom and Moldovagaz have extended the terms of the gas supply and transit contracts in force until the first quarter of 2012. In December 2006 Gazprom and Moldovagaz signed the gas supply contract for 2007–2011. Pursuant to the document, between 2008 and 2010 the price was calculated under the fo
Poland’s Gaz-System signed an agreement for the performance of construction and assembly works for the gas pipeline on the Świnoujście-Szczecin route with a diameter of 800 mm and approx. 80 km in length. The agreement was concluded with the contractor Przedsiębiorstwo Robót Inżynieryjnych “POL-AQUA
Apache Corporation said today that its subsidiary Apache North Sea Limited has completed its previously announced acquisition of Exxon Mobil Corporation’s Mobil North Sea Limited assets including the Beryl field and related properties. Apache has assumed operations of the Beryl, Nevis, Ness, Nevis S
Dart Energy (CBM) International Pte Limited, a wholly owned subsidiary of Dart Energy Limited has agreed to acquire all of the unconventional gas assets of Greenpark Energy Limited, comprising 22 onshore licences in the UK. Consideration is a total of $42 million to be paid in two tranches, and made
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on January 7, according to the Port of Sines website. The LNG Oyo liquefied natural gas carrier, with a capacity of 140,500 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and
Alexey Miller, Chairman of the Gazprom Management Committee reported to Vladimir Putin, Prime Minister of the Russian Federation on the negotiations with Ukraine in the gas sector and, in this regard, on the South Stream project implementation. According to Alexey Miller, Ukrainian partners estimate
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG this week, according to the Milford Haven Port Authority website. The Umm Slal LNG tanker, with a capacity of 266,000 cbm, is due to arrive on January 7. The South Hook terminal can process 15.6 million tonnes of LN
Gazprom has newly appointed the following top managers: Vitaly Markelov as Deputy Chairman of the Management Committee in charge of the production block; Vladimir Markov as Head of the Department for Relations with the Russian Federation Authorities; Elena Mikhailova as Head of the Asset Management
Repsol has signed the deal on the acquisition of 100% of the Russian company Open Joint Stock Company Eurotek, which holds exploration and production licences in West Siberia. The transaction has been preapproved by the Federal Antimonopoly Service of the Russian Federation. Repsol will pay a total
Saint Petersburg hosted a working meeting between Alexey Miller and Georgy Poltavchenko, Governor of Saint Petersburg. The parties expressed a high opinion of the joint efforts made to develop a gas supply system in the city. It was noted that between 2002 and 2010 the total investments by Gazprom i
