Today, Gérard Mestrallet, Chairman and CEO of GDF SUEZ, and Jean-François Cirelli, Vice Chairman and President of GDF SUEZ, inaugurated a new 435 MW combined-cycle gas power plant at Montoir-de-Bretagne (Loire-Atlantique). This SPEM power plant, the first facility of its kind located in western Fran
Gas began flowing to continental Europe last week from the Beta West structure in the Sleipner area of the North Sea, which was discovered by Statoil in 2009. “This was one of the largest discoveries we made that year, with a well drilled from the Sleipner B platform,” reports Edvin B Ytredal, vice
On April 7th as part of the International Conference held in Murmansk “Logistics in Arctic” Shtokman Development AG presented its logistics strategy for Phase One of Shtokman gas-condensate field development. The bottom line of the strategy is to prepare the most efficient, safe, and optimal schemes
OAO NOVATEK today reported preliminary production data for the first quarter 2011. Gross production for the first quarter totaled 13.43 billion cubic meters of natural gas and 1.03 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 3.45 billion cubic me
It has been confirmed that a Liquefied Natural Gas (LNG) leak occurred onboard a vessel docked at the South Hook terminal in Milford Haven… (milfordmercury) [mappress] Source: milfordmercury, April 7, 2011;
An employment contract with Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee was extended Wednesday for another 5 years by Alexey Miller, Chairman of the Gazprom Management Committee. In addition, Gazprom re-elected Alexander Medvedev as Director General of Gazprom export for
Stolt-Nielsen Limited today reported unaudited results for the first quarter ended February 28, 2011. Net profit attributable to shareholders in the first quarter was $31.2 million, with revenue of $458.7 million, compared with $33.0 million and $459.4 million, respectively, in the fourth quarter of
The Gazprom headquarters hosted Wednesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Ali Agha Mohammadi, Iranian Deputy Vice President for Economic Affairs. The parties discussed the opportunities for Russia and Iran to develop cooperation in the oil
The Maersk Meridian LNG carrier, with a capacity of 165,500 cubic metres, is due to arrive in the UK’s Dragon terminal April 14, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next
Höegh LNG has today entered into a firm Letter of Intent with Hyundai Heavy Industries (HHI) for the delivery of two 170,000 cbm Floating Storage and Regasification Units (FSRUs). In addition to the delivery of two firm vessels, the LOI with HHI includes 2 + 2 optional vessels. The new built FSRU’s
A working meeting was held Tuesday at the Gazprom headquarters. Participating in the meeting were Alexey Miller, Chairman of the Management Committee of Gazprom, Helge Lund, President and Chief Executive Officer of Statoil and Christophe de Margerie, Chairman and Chief Executive Officer of Total SA.
The Gazprom headquarters hosted a working meeting between Alexey Miller (image), Chairman of the Company’s Management Committee and Dr. Johannes Teyssen, Chairman and Chief Executive Officer of E.ON AG. The parties addressed the current state of bilateral cooperation in the energy sector. In additio
Russia produced 182.776 billion cubic meters (bcm) of gas over the first three months of this year, a 0.6% year-on-year increase, according… (interfax) [mappress] Source: interfax, April 5, 2011;
The Onaiza LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal April 12, 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 metre