Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with
Lanner Group experts have completed a project for energy supplier Gazprom as the Russian giant prepares to execute Phase 1 of the Shtokman liquefied natural gas (LNG) project in the Russian Arctic region. Gazprom, the majority owner (51%) in the Shtokman Development joint venture, appointed leading
Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
IGas, a domestic gas producer and leading developer of unconventional gas resources in the UK, announced that it has received the necessary regulatory approval to become the operator and sole owner of its licences. This follows an announcement on 31st January 2011 of the signing of an agreement with
The Gazprom Management Committee tackled the issues related to exchange trade in gas and the Electronic Trading Platform (ETP) development at Gazprom mezhregiongaz. It was noted during the meeting that Gazprom was active in streamlining the electronic gas trade and initiating the futures gas contrac
Rising demand for floating offshore gas terminals has resulted in the development of new technologies and specialised units, leading to a number of innovative design concepts. Based on DNV’s extensive experience in this segment, the company has prepared a detailed design and construction guidance, s
Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS, an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seaweed. Found
The Gazprom Management Committee approved the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030 and the Plan of Prioritized Actions over 2011 to 2015. Specialized subdivisions were tasked to monitor the Program and its update it once every five years st
The 138,000m³ British Trader tanker arrived at the UK’s Isle of Grain terminal with a Trinidadian LNG cargo today, and the shipping schedule… (argusmedia) [mappress] Source: argusmedia, March 3, 2011;
Wärtsilä will supply the world’s largest gas engines for a new Turkish power plant with a combined output of 135 MW. When the project is completed, Wärtsilä’s generating capacity in Turkey will exceed 3 GW. Approximately 85 per cent of these plants will be running on natural gas. Wärtsilä, a leading
French energy company GDF Suez SA Thursday reported higher profit for 2010, helped by the strong performance of its energy business in Europ… (rttnews) [mappress] Source: rttnews, March 3, 2011; Image:
Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on
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 March 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
OAO NOVATEK announced the selection of TOTAL S.A. as the Company’s strategic partner for the development of the Yamal LNG Project. NOVATEK and TOTAL have signed a Memorandum of Cooperation which provides for TOTAL to acquire a 20% participation interest in the Project. The Memorandum stipulates that
