BMT ARGOSS, a subsidiary of BMT Group, the international design, engineering and risk management consultancy, has announced its latest recruitment drive to further strengthen its ship response expertise and offer additional web-based information services using existing vessel performance monitoring
Leif-Arne Langøy has been elected as the new Chairman of the Board of Directors of DNV (Det Norske Veritas). Walter Qvam has been elected as the new Chairman of the DNV Council. In addition, Morten Ulstein has been elected Vice Chairman of the DNV Board. The elections took place at the Council meeti
The Rasheeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 16, 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 metr
Golar LNG Limited has issued 5,551,180 new shares all of which have been subscribed for by World Shipholding Ltd, the Company’s largest shareholder. The new shares represent settlement of the purchase price for World Shipholding Ltd’s 33,640,153 shares in Golar LNG Energy Limited which were acquired
Mitsui & Co., Ltd. announced that it has entered into a definitive agreement with subsidiaries of the U.S. oil and gas development company, Marathon Oil Corporation, to acquire a 9% working interest in 10 of Marathon’s Paleozoic shale gas exploration concessions in the Republic of Poland. Another pa
FLEX LNG announced that Ms. Kathleen Eisbrenner has decided to resign from the position as Director of FLEX LNG Ltd with immediate effect. The resignation is due to personal reasons. About FLEX LNG Ltd. FLEX LNG was incorporated in 2006 and is listed in Norway under the ticker code FLNG. The Company
Fluxys Finance, a subsidiary of Fluxys G, has successfully closed the private placement of a bond loan. A total of €300 million has been secured and the offer period was early terminated. The aim of the bond loan is to diversify the financing of Fluxys G’s investment projects. The bonds have a term
It was held, in the Salone delle Feste del Quirinale, the prize giving ceremony for the Eni Awards 2011 took place in the presence of President Giorgio Napolitano, the Chairman of Eni Giuseppe Recchi and the CEO of Eni Paolo Scaroni. The award was established in 2007 and over the years has become an
For the fourth year in a row, Offshore Energy Exhibition & Conference will experience extensive growth. The number of registered exhibitors for Offshore Energy 2011, to be held 11 & 12 October at the Amsterdam RAI, already succeeds expectations. Compared to 40 registered exhibitors in the same perio
The South Stream project has priority for Gazprom over an LNG plant on the Black Sea, but does not rule it out, the company’s CEO Alexei Mil… (itar-tass) [mappress] Source: itar-tass, June 8, 2011;
China became the world’s largest energy consumer in 2010 overtaking the USA during a year which saw the rebound in the global economy drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks. Demand for all forms of energy grew strongly in 2010 and increases i
Total announced the signing of an agreement with Silex Gas Norway AS, a wholly owned subsidiary of Allianz, to sell its entire stake in Gassled (6.4%) and related entities for a price of NOK 4.64 billion (approximately US$ 870 million). The transaction is subject to approval by the relevant authorit
ENTREPOSE Contracting, a contractor specialised in the design and construction of complex projects in the oil and gas sectors in particular, and the energy and environmental sectors in general, today announced the signature of a contract to construct three cryogenic tanks for the Dunkirk LNG Termina
Statoil Petroleum AS, operator of production licence 050B, is in the process of completing the drilling of wildcat well 34/10-53 A. The well has been drilled about five kilometres west of the Gullfaks Sør field, in the northern part of the North Sea. The well is a sidetrack from wildcat well 34/10-5
