I.M. Skaugen SE today announced that the pre-tax result for 2Q was positive USD 0.4 mill compared to negative USD 4.5 mill for 2Q2010. The pre-tax result was a negative USD 4.1 mill for the first half of 2011 (1H11) compared to a negative USD 8.6 mill for the 1H10. The result of the 1H11 […]
The European Investment Bank (EIB) is lending PLN 600 million (some EUR 150 million) to finance the construction of two sections of the natural gas transmission system in north-west and central Poland. This project will help Poland’s energy sector to use increasingly environmentally friendly energy
Today in Rome Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Jürgen Grossmann, CEO of RWE signed a Memorandum of Understanding on strategic partnership in power generation in Europe. It also affirms the companies’ intentions to conclude the ongoing commercial negotiations to a m
On July 13, SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas indust
The Government of Lithuania on Wednesday gave the projected liquefied natural gas (LNG) terminal in Klaipeda the status of national importan… By Petras Vaida, BC [mappress] Source:Baltic Course , July 14, 2011;
Halliburton announced today that it has been awarded a contract from Chevron for integrated services for shale natural gas exploration in Poland. Work on Chevron Polska’s initial shale gas exploration drilling program is expected to begin in the fourth quarter and the contract award is for three yea
On July 12, SOCAR and Swiss Foster Wheeler signed a memorandum of understanding. The document was signed by SOCAR Vice-President for strategic development Mr. Tofig Gahramanov and Chief Executive Director of Foster Wheeler Mr. Marco Maresco. The MoU involves the establishment of a joint venture on t
Offshore Energy again attracts leading companies to its two-day conference. IHC, Jumbo and Van Oord are among the confirmed speakers at Offshore Energy, Shell, GdF Suez and Chevron are invited. Conference delegates can choose from a wide range of separately bookable half-day conferences and brief to
In May 2011, SGS Industrial Services was awarded a contract to provide complex inspection and testing services for the underground road crossings of refinery pipelines by Kuwait Petroleum Europoort (KPE), one of the Q8 refineries, located in the port of Rotterdam, the Netherlands. Throughout the ent
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Fuel and Energy Minister. The parties discussed interaction in the gas sector, particularly the issues surrounding gas supplies to Ukraine under the exist
During 20-23 June 2011, the Petroleum Safety Authority Norway (PSA) carried out two audit activities; electrical and safety-critical barriers at Hammerfest LNG. Background The audit activity was carried out with a basis in the Regulations relating to health, safety and the environment in the petrole
Gazprom’s group of experts led by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee finished a business trip to the Far East. Yuzhno-Sakhalinsk hosted a meeting on creation of the priority gas transmission facilities in the Far East as part of the state-run Eastern Gas Program
Led by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee, the Company’s experts started their business trip to the Far East. The experts of the Company visited the gas supply and gasification facilities under construction in Vladivostok. A briefing was held on the spot. Hydrau
DOF Subsea Norway AS has been awarded the contract for Goliat FPSO Marine Installation Activities. The value of the contract is approximately 300 MNOK. The contract duration is from July 2011 to December 2013 DOF has been selected as preferred partner after a thorough evaluation of both technical an