Nordic LNG/ Skangass have signed an agreement with one of the World’s leading tool steel producers. Uddeholm has since 1668 been associated with knowledge, innovative spirit and the special quality of Swedish steel. 3000 employees all over the world whereof 900 in the steel mill in Hagfors, manages
Yesterday in Saint Petersburg Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee held a meeting dedicated to engineering and construction of the Ukhta – Torzhok, Pochinki – Gryazovets, Gryazovets – Vyborg, SRTO – Torzhok gas pipelines and main compressor stations in Northwester
Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv
French oil and gas company Total has completed a deal to purchase a 20.5% stake in Russia’s Yamal liquefied natural gas (LNG) project, to be… (prime-tass) [mappress] Source: prime-tass, August 17, 2011;
The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented th
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number o
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal August 22, 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 m
Iran offered to help Turkey with repairing a pipeline which was damaged by an explosion, Spokesman for the National Iranian Gas Company (NIGC), Majid Boujarzadeh announced. He went on to say that, Iranian gas flow to Turkey has been halted due to an explosion on the pipeline in Turkey, Iran’s SHANA
Liquiline announced that it has entered into a contract with E.ON Biofor Sverige AB, in addition to having extended an earlier contract with E.ON Gas Sverige AB. “E.ON is one of the world’s largest private energy companies, and it is with great pleasure we announce yet another contract with this ene
Despite suffering economic losses from a decision to phase out nuclear power, German energy company RWE said it was committed to the Nabucco… (upi) [mappress] Source: upi, August 12, 2011;
OAO NOVATEK today released its consolidated interim condensed financial information for the three and six months ended 30 June 2011 prepared in accordance with International Financial Reporting Standards (IFRS). Total revenues in the second quarter and first half 2011, increased by 57.8% and 59.9%,
Royal Dutch Shell plc announced its intention to commence a share buyback programme in accordance with authority granted by shareholders at the Company’s 2011 Annual General Meeting. The purpose of the share buy-back programme is to offset dilution created by the issuance of shares for the Company’s
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Linklaters has advised GDF SUEZ on the potential acquisition by China Investment Corporation (CIC) of a 30% stake in its Exploration & Production division and of a 10% stake in the LNG Atlantic liquefaction plant in Trinidad and Tobago, for a total amount of €2.9 billion. GDF SUEZ is in advanced exc
