Chevron Exploration and Production Netherlands B.V. (interest in A/B blocks 34.129%), a subsidiary of Chevron Corporation, together with its joint venture partners, Dyas B.V. (14.627%), TAQA Offshore B.V. (3.877%) and EBN B.V. (47.377%), on behalf of the State of the Netherlands, announced today the
STX Finland Oy and the Finnish Border Guard signed an agreement on construction of a next generation offshore patrol vessel. The vessel will be built at the STX Rauma shipyard and delivered to the customer in November 2013. The highly advanced vessel will be 96 metres long and 17 metres wide and wil
Repsol has acquired 10% of its share capital after the Board of Directors unanimously approved this acquisition on December 18th. The decision communicated by Sacyr’s lending banks to not refinance the loan granted to Sacyr for the acquisition of a 20% stake in Repsol, or the decision to partly refi
The Gazprom Board of Directors took notice of the information on the current state and the progress with the South Stream gas pipeline construction. The meeting participants underlined that the project was progressing on schedule. Commissioning of the first string of the gas pipeline is scheduled fo
As regulatory developments have become an increasingly important strategic driver for Wärtsilä businesses, Wärtsilä has decided to strengthen its activities to enhance and promote the policy framework fostering the strategic business targets. The following appointments have been made within Wärtsilä
GDF SUEZ and CIC have closed the acquisition by CIC of a 30% minority stake in GDF SUEZ Exploration & Production International SA and of a 10% stake in the train 1 of the Atlantic LNG liquefaction plant in Trinidad and Tobago. This transaction is the first milestone of the partnership between the tw
Eni announced that Umberto Vergine has been appointed Chief Operating Officer of Eni Gas & Power Division, starting from 1 January 2012. Umberto Vergine was born in Milano in 1957 and he is a Chartered Civil Engineer from Politecnico di Milano. Umberto joined Eni in 1984 and he will replace Domenico
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by BP Exploration Operating Company Limited for BP Exploration’s Enhanced Gas Separation Project (EGSP) in Scotland.
Abu Dhabi National Energy Company PJSC (TAQA), a global energy company majority owned by the Abu Dhabi Government, and partner EBN B.V., an independent company with the Dutch State as its sole shareholder, announced three launch customers for the Bergermeer Gas Storage facility in the Netherlands. S
Alexey Miller, Chairman of the Company’s Management Committee and Peter Loescher, President and Chief Executive Officer of Siemens signed a Strategic Partnership Agreement at the Gazprom headquarters. The document envisages further development and strengthening of the strategic partnership and coope
The Board of Directors approved Gazprom’s Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2012. Pursuant to the approved Investment Program for 2012, the total amount of investments will make up RUB 776.648 billion. At the same time, the amount of capital in
BW Gas employees step foot into their brand new offices in the eco-friendly development of Lysaker Park. Occupying the top floor in one of Lysaker Park’s five-cluster buildings, the single-storey space offers employees greater convenience and ease of collaboration. The eco-modern offices of Lysaker
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed the issues of bilateral cooperation as part of the Strategic Partnership Agreement. In particular, Alexey M
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG next week, according to the Milford Haven Port Authority website. The Clean Power LNG tanker, with a capacity of 149,700 cbm, is due to arrive on December 25. The South Hook terminal can process 15.6 million tonnes
