The Penspen Group has been commissioned by Qatargas, a pioneering liquefied natural gas (LNG) producer, to develop the Detailed Design for a new Flexible Grouted Clamp and to produce a set of Flexible Grouted Clamps to enable the quick and effective repair of their large diameter subsea pipelines in
The UK has reduced its forecast for its continental shelf gas production in 2011-15, cutting 1.2bn m³ from this year’s outlook compared with… (argusmedia) [mappress] Source: argusmedia, March 9, 2011;
At the presentation of E.ON’s 2010 results, E.ON CEO Johannes Teyssen announced that the company has already reached several milestones in implementing its new strategy. By selling its Gazprom stake, gas network in Italy, and power network in United Kingdom and by concluding other transactions, E.ON
Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
Ensco plc announced that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration statement and
National Grid LNG Storage has announced it is to withdraw the remaining stocks of liquefied natural gas from its LNG storage facility at Partington near Manchester. The volume of gas remaining at Partington represents only about one per cent of current GB storage stocks. National Grid’s LNG storage
Federal Germany’s Ministry of Economics and Technology State Secretary Bernd Pfaffenbach said that Germany was in the final stages of import… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, March 8, 2011;
Yemen an TOTAL have discussed the reconsideration of the price of purchasing power for Yemeni LNG under the previous contract the government… (sabanews) [mappress] Source: sabanews, March 8, 2011;
Technip was awarded by GDF SUEZ an engineering, procurement, construction and installation contract, worth approximately €45 million, for the Gjøa field development located in the Norwegian sector of the North Sea. This contract covers: * engineering and fabrication of two smoothbore gas export rise
The state-owned Hungarian Electricity Works (MVM) on Monday said it became a shareholder in a project company established to build the Azerb… (bbj) [mappress] Source: bbj, March 8, 2011;
Transeuro Energy Corp. is pleased to issue the weekly update on its Ukraine operation as follows: Logging operations have been completed successfully and the 7 inch casing has been run to Total Depth (“TD”), cemented and logged. At report time today drill pipe is being run into the hole to clean out
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 13, 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 m
Petrofac Limited, a leading international provider of facilities solutions to the oil & gas production and processing industry, today announced its final results for the year ended 31 December 2010. FINANCIAL HIGHLIGHTS • Net profit up 58% to US$557.8 million (2009: US$353.6 million); net profit up
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Phung Dinh Thuc, President and CEO of Petrovietnam State Oil and Gas Corporation. The parties discussed the key areas of bilateral cooperation, in particular the progress with ge
