The Trans Adriatic Pipeline AG and Plinacro Ltd., a natural gas transmission system operator in Croatia, today announced the signing of a Memorandum of Understanding and Cooperation (MOUC) aimed at encouraging the development of natural gas markets in South East Europe (SEE). The three-year agreemen
On February 22, during a working visit to London, Mr. Rovnag Abdullayev (picture), SOCAR President met with Mr. Robert Dudley, BP President at Company’s Head office. The meeting was attended by Mr. Rashid Javanshir, President of BP-Azerbaijan and other high-ranking officials of BP. The meeting cover
The Bluesky LNG carrier, with a capacity of 145,000 cubic metres, is due to arrive in the UK’s Dragon terminal March 4, 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 20 years.
Statoil picks up the pace towards realizing fast track field developments offshore Norway. A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to
The Board of Directors of Severneftegazprom elected Stanislav Tsygankov, Head of the Gazprom International Business Department as the company’s Director General. Background Severneftegazprom holds a license for geological exploration and hydrocarbons production within the Yuzhno-Russkoye subsurface
The Al Sadd LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 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 metre
TEI S.p.A., a leading Italian environmental engineering company, has purchased an LM6000 aeroderivative gas turbine from GE for a second combined-cycle power plant to be located in the Chianti region of Italy, near Tuscany. This project follows the success of the first mid-merit project between the
Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses
Foster Wheeler AG today reported net income for the fourth quarter of 2010 of $32.8 million, or $0.26 per diluted share, compared with $65.1 million, or $0.51 per diluted share, in the fourth quarter of 2009. Net income in both quarterly periods was impacted by items as detailed in the attached tabl
E.ON has been named one of the 100 best employers in Germany. E.ON also achieved an excellent 5th place postion in the category “Companies with over 5,000 employees” in the covetedGreat Place to Work® Institute “Deutschlands Beste Arbeitgeber 2011” awards. This is the 8 time E.ON, one of the largest
Paris hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nicolas Sarkozy, President of France. The parties considered cooperation between Russia and France in the energy sector placing a special emphasis on the progress with joint projects of Gazpr
Repsol posted net income of 4.693 billion euros for 2010 compared to 1.559 billion euros in the previous year. Excluding extraordinary items, recurring net profit improved 54.9% to 2.360 billion euros. The 2010 earnings increase is mainly due to the good performance of the company’s ongoing activiti
Rotterdam’s Gate terminal will be the first LNG import terminal in The Netherlands and DNV is assisting the developers to meet the safety and regulatory requirements set for this landmark project. The initiators of the project are Gasunie and Vopak and the terminal will have an initial capacity for
From the summer of 2011, most transport from the Skangass LNG plant (image) in the municipality of Sola in Norway will be done by ship. Nordic LNG AS has entered into an agreement with the Dutch shipping company Anthony Veder for the transport of LNG by ship. “We now have secured both a short-term [
