Golar LNG Limited has through transactions executed April 27th acquired an additional 1,830,000 Golar LNG Energy Limited shares at NOK 26.75 per share. This increases the Company’s ownership of Golar Energy to 95.1% and the number of shares held to 226,346,347. Golar intends to present a voluntary o
Tuesday in Copenhagen Alexey Miller, Chairman of the Gazprom’s Management Committee and Anders Eldrup, Chief Executive Officer of DONG Energy signed a Letter of Intent to establish cooperation in gas-fired power generation. The cooperation will focus on promoting the use of natural gas in Europe as
Eni, the international oil and gas company, today announces its group results for the first quarter of 20111 (unaudited). Financial Highlights • Adjusted operating profit: up 18.4% to €5.13 billion • Adjusted net profit: up 21.6% to €2.22 billion • Net profit: up 14.6% to €2.55 billion • Cash flow:
Petrobras’ domestic and foreign average oil and gas output in March reached 2,613,994 barrels of oil equivalent per day (boed), up 2.3% on the same period in 2010, and 0.4% higher than the total extracted in February this year. In Brazil, the Company’s average oil and gas output reached 2,376,186 bo
LNG Energy Ltd. announced that the Lebork S-1 well, on the Slupsk concession in Poland, has been successfully drilled, cased and cemented to its total depth of 3,590 meters. During drilling, numerous gas shows were recorded over 285 meters of the Lower Silurian, Ordovician and Cambrian shales. The g
The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal May 4, 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 metres of
Golar LNG Limited has through transactions executed April 27th acquired an additional 9,014,198 Golar LNG Energy Limited shares at NOK 26.80 per share. This increases the Company’s ownership of Golar Energy to 94.2% and the number of shares held to 224,261,418. [mappress] Source: Golar LNG, April 27
As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the country’s offshore blocks. The respective Production Sharing Contract has now been signed with the Government of Trinidad and Tobago in Port of Spain. For RWE Dea, this marks the entry into th
Portugal’s port of Sines has received a shipment of Liquefied Natural Gas (LNG) from Nigeria. The LNG Sokoto, according to the website of ad… (allafrica) [mappress] Source: allafrica, April 26, 2011;
As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200
Edison sold to ExxonMobil Italiana Gas Srl and Qatar Terminal Ltd a 2.703% stake in Terminale GNL Adriatico Srl by exercising a Tag Along option. The disposal price is 78.2 million euro and the deal will generate a capital gain of 5.1 million euros. As a consequence, the resulting Edison stake in Te
The EGL Group and the Demirören Group have established two joint ventures in Turkey. The objective of the two reorganised companies is to expand presence in the Turkish electricity and natural gas markets. The two energy sectors offer highly attractive development opportunities. The two former compa
Golar LNG Limited today announced that in two private transactions with international institutional investors and a related party it has increased its ownership of Golar LNG Energy Limited from 61.1% to 90.5% with agreements to acquire an additional 69,841,044 Golar Energy shares. The sellers will r
The Gazprom headquarters hosted a working meeting between Alexander Ananenkov (image), Deputy Chairman of the Company’s Management Committee and Yoshio Matsukawa, President and CEO of Japan Far East Gas Co., Ltd (Japan). The parties signed the Agreement on the joint feasibility study for deployment
