GE Oil & Gas has renewed an agreement with China Aviation Gas Turbine Ltd. (CAGT) to continue supplying GE10-1 gas turbine engines and control panels for use in power generation in oil and gas plants and coke oven gas applications in China and abroad through customers whose headquarters are in mainl
OAO NOVATEK held its Corporate Strategy Presentation in London Friday, where the Company’s senior management provided operational guidance for production and capital expenditures through 2020, an update on the Yamal LNG project as well as a review of NOVATEK’s performance and strategy implementation
Berlin hosted today a working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom and Kurt Bock, Chairman of the Board of Executive Directors of BASF. The meeting examined the current issues of bilateral cooperation. In particular, the Chairmen discussed the progress with
The board of BP p.l.c. announced today that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the
Alexey Miller, Chairman of the Gazprom Management Committee held a meeting yesterday in Minsk on the integration of Beltransgaz into Gazprom Group. Taking part in the meeting were Deputy Chairmen of the Gazprom Management Committee: Andrey Kruglov, Head of the Department for Finance and Economics, a
Statoil has awarded Buksér og Berging a contract for two escort tugboats to service the Kårstø processing plant on behalf of operator Gassco. The deal secures Kårstø new tugboat capacity with innovative technology for more environment-friendly operations. The two escort tugboats will assist the ship
Plans by Ukraine to develop a liquefied natural gas project on Black Sea Coast appear to be slipping, with the lack of interest from investors. Ukraine will delay a project to build LNG terminal, the Kommersant newspaper reported, citing an offical from NAK Naftogaz Ukrainy. Ukraine has recently app
Total has increased its stake in Novatek by finalizing the acquisition of an additional 2% interest in the Russian company for around 800 million dollars. Following this transaction, Total owns a 14.09% of share capital in Novatek. This transaction effective as of yesterday was finalized through the
The RasGas Asclepius liquefied natural gas carrier, with a capacity of 145,000 cubic metres, is due to arrive in the Zeebrugge LNG terminal December 19, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge, Belgium. It is op
GDF SUEZ is hosting an investor conference today in Paris. The conference consists of presentations by senior executives of the company, providing insight into GDF SUEZ’ industrial development and large projects. GDF SUEZ’ strategy is based on : speeding up development in fast growing countries stre
SCF Sovcomflot (SCF Group) reported results for the nine month period ended 30 September 2011. SCF Highlights – Gross revenues USD 1,075.6 million (+ 7.9 pct) – Time charter equivalent (TCE) revenues USD 697.3 million (-3.5 pct) – EBITDA USD 361.0 million (-13.7 pct) – Net profit USD 46.6 million (-
The Trans Adriatic Pipeline has signed a cooperation agreement with the Albanian Immovable Property Registration Office in Tirana. The agreement enables TAP to establish, enhance and update cadastral data (property ownership, boundaries, and usage) within TAP’s pipeline corridor in Albania. TAP requ
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 15, 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 cubi
The Simaisma liquefied natural gas carrier, with a capacity of 145,800 cubic metres, is due to arrive in the Zeebrugge LNG terminal December 11, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge, Belgium. It is operated b
