The regular meeting of the Board of Directors of the Shtokman Development AG (SDAG) was held in Lucerne (Switzerland) on June 23, 2011. The Board of Directors made note of the good progress in activities on offshore and onshore facilities in preparation for the Final Investment Decision planned by t
Russian gas producer Novatek plans to build a new type of LNG tanker, designed for big-scale year-round shipping in the Arctic… (barentsobserver) [mappress] Source: barentsobserver, June 23, 2011;
The crisis at Japan’s Fukushima Daiichi plant nuclear plant is adding to the price pressure on liquefied natural gas, experts said… (upi) [mappress] Source: upi, June 23, 2011;
Eidesvik Offshore has been awarded a 5 year Charter Party Contract by Statoil for the Platform Supply Vessel (PSV) Viking Avant. The contract has further 3 yearly options for extension. Statoil has at the same time awarded Eidesvik Shipping AS, a subsidiary of Eidesvik Offshore ASA, a 2 year Charter
An Electricity Authority plenum has approved the request of the Israel Electric Corporation to temporarily lease a Liquefied Natural Gas (LN… (jerusalem post) [mappress] Source: jerusalem post, June 23, 2011;
Gazprom and Verbundnetz Gas held celebrations Tuesday near Bernburg (Germany) devoted to the ejector unit commissioning at the Bernburg UGS facility. Participating in the meeting were Vlada Rusakova, Member of the Gazprom Management Committee, Head of the Strategic Development Department and Uwe Bar
Repsol Chairman, Antonio Brufau, was granted the 2010 Entrepreneur of the Year award by the Federation of Spanish Chambers of Commerce in Europe (FEDECOM). He received the award from the Secretary General for Trade, Alfredo Bonet. In its first edition this year, the award rewards the efforts of empl
Berlin has given assurances the Nord Stream natural gas pipeline through the Baltic Sea won’t block development of Polish ports, the Polish… (upi) [mappress] Source: upi, June 22, 2011;
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Chikahito Harada, Ambassador Extraordinary and Plenipotentiary of Japan to the Russian Federation. The meeting participants discussed the bilateral cooperation in the energy se
The Lijmiliya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 29, 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 met
The world’s largest pipelay vessel Allseas’ Solitaire today completed the construction of Line 2 of the Nord Stream Pipeline in Russian waters and has resumed pipe laying in Finnish waters. Over 230 kilometres of Line 2 have now been laid in the Baltic Sea, 124 kilometres of which are in Russian wat
Alexey Miller, Chairman of the Gazprom Management Committee and Robert Dudley, Group Chief Executive of British Petroleum (BP) held a working meeting as part of the St. Petersburg International Economic Forum 2011. The parties considered the global energy market trends in Europe and Asia paying spec
On 16 June 2011, as a part of St. Petersburg Economic Forum, Russia’s largest tanker company Sovcomflot and the State corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” signed a bilateral agreement on cooperation. The document was signed by SCF’s President and CEO
Tsakos Energy Navigation Ltd. (TEN) today announced a four year time charter for the 2007-built 150,000 m(3) LNG carrier Neo Energy to a major international energy concern. The charter is expected to commence in the first quarter of next year upon expiration of the vessel’s existing employment. This
