Nordic LNG has signed a long term supply agreement with Dynea AS. Dynea is a global leader in providing high performance adhesion and surfacing solutions for panel boards, engineered and interior wood products, paper impregnation and much more. Dynea is currently rebuilding two large steam boilers t
Nord Stream has been awarded the prestigious Infrastructure Journal (IJ) Oil & Gas Deal of the Year Award 2010 at an awards ceremony in London. The Award recognises Nord Stream’s achievement in raising 3.9 billion euros in the first phase of the project’s financing during the challenging financial m
Following a public debate held from September 6 to December 17 2010 by the National Commission for Public Debate (CNDP), Elengy has decided to pursue its studies into extending the operation of the Fos Tonkin LNG terminal past 2014, for 20 years, with a maximum natural gas send-out capacity of 7 bil
OAO NOVATEK today announced a change in the shareholding structure of shareholders holding not less than five percent of the Company’s ordinary shares. On 4 April 2011, the Company was notified by Total E&P ARCTIC RUSSIA that it had increased its share in NOVATEK’s equity from zero to 12.0869%. On t
Wärtsilä, a leading provider of power solutions to marine and energy markets, has entered into co-operation with Crisis Management Initiative, an independent Finnish non-profit organisation, which works to resolve conflicts and to build sustainable peace. As lead partner, Wärtsilä supports the activ
The LNG Ondo liquefied natural gas carrier, with a capacity of 148,478 cubic metres, is due to arrive in the UK’s Dragon terminal April 10, 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 ove
With effect from 30th of June 2011, the Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line Group) will acquire another 50 per cent of the SAL Group and with that will become the sole shareholder of the company. Over the past five years, the two companies have developed a successful part
Petroceltic International plc, the independent oil & gas exploration company focussed on the Middle East-North Africa and Mediterranean region today announced its results for the year ended 31 December 2010. Highlights: – 6.1 TCF Petroceltic estimate of most likely gas resource in place in the Isare
Leading French ferry operator, Brittany Ferries, and shipbuilder, STX France, are embarking on a joint project to develop a new generation of environmentally-friendly passenger ferries. Powered by dual fuel engines, which will burn liquefied natural gas (LNG) combined with a high efficiency electric
The Al Kharaitiyat LNG carrier, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal April 10, 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 cub
Mitsui & Co., Ltd. announced today that Mitsui established a 100% subsidiary, Mitsui & Co. LNG Investment Limited , with a capital of US$1,017million in the United Kingdom to manage its existing LNG investments. Mitsui transferred and integrated its investments in LNG projects located in the Middle
GDF SUEZ and ACEA have closed their agreement signed on September, 16 2010. Following this agreement, GDF SUEZ activities in Italy will be managed through GDF SUEZ Energia Italia as follows: * GDF SUEZ Produzione will be in charge of power production with thermoelectric, wind, hydroelectric and phot
During its meeting of 31st March 2011, the Board of Directors of EXMAR reviewed the results for the year ending 31st December 2010. They are in line with the results announced on 27th January 2011. The operating result (EBIT) for the year amounts to USD 87.4 million (USD 44.5 million in 2009), posit
As previously announced, Golar LNG Partners LP (GMLP), a wholly owned subsidiary of Golar LNG Limited, filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of the GMLP’s common units. The Offering currently is scheduled to include the sale by
