CGGVeritas and BG Group have signed a Technology Cooperation Agreement (TCA) that focuses on the development and deployment of advanced seismic solutions across the E&P workflow. Under the terms of the Agreement, the partners will collaborate on a number of high-end technology projects within BG Gro
LNG Energy Ltd. is pleased to announce that its 20% owned Polish subsidiary, Saponis Investments Sp. Z o.o., has spudded its 1st shale gas exploration well, Wytowno S-1, in Poland. As of Sunday, January 9, 2011, intermediate casing has been landed at 1205 mKB, and cemented in place, with drilling op
At the beginning of the year E.ON commenced operations at its new gas and steam turbine power station in Malzenice in Slovakia. The environmentally friendly and highly efficient plant has a gross electricity output of 430 megawatts and generates more than three billion kilowatt hours annually. This
In the revision of the trans-European energy network policy (TEN-E) the European Commission highlights the importance of Liquefied Natural Gas (LNG) terminals to cover Europe’s future increasing demand for natural gas. This estimation coincides with NGVA Europe’s focus to promote a European NG/biome
Integral to satisfying demand for a new generation of low emissions vessels powered by natural gas to the commercial market are technical solutions to store and handle LNG on board. With extensive experience in the field, Hamworthy’s gas systems business has recognised the growing potential for wide
GasTerra and Eneco announced that they have concluded a long-term agreement for the supply of natural gas to the Rotterdam-based energy company. The contract enhances Eneco’s ability to provide optimal, long-term supply for its customers. GasTerra will supply the gas via the TTF virtual trading poin
Foster Wheeler AG announced three executive promotions in its Global Engineering and Construction (E&C) Group. – Roberto Penno, 50, who was previously Managing Director, Global Sales and Marketing, has been named Chief Executive Officer of the Asia Pacific Operating Unit, based in Singapore, effecti
OÜ Balti Gaas (Balti Gaas plc) that develops a liquefied natural gas (LNG) terminal close to Paldiski (North Estonia) estimates total investment about €350m. According to the company the terminal’s operator will be Balti Gaas while future owners are expected to be gas transmission networks (TSOs) of
Japanese trading houses Mitsui and Mitsubishi are looking to take stakes in what would be Russia’s largest natural gas project, planned for… (expatica) [mappress] Source: expatica, January 7, 2011;
The Fraiha LNG carrier, with a capacity of 210,152 cubic metres, is due to arrive in the UK’s Dragon terminal January 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 20 year
BlackRock, Inc. has informed Wärtsilä Corporation that it has purchased Wärtsilä shares on 5 January 2011 and now owns more than one twentieth (1/20) of the company’s votes. Following the transaction BlackRock Inc. owns 4,941,593 shares or 5.01% of Wärtsilä’s share capital and total votes. [mappress
Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011, with a price tag totalling NOK 9 billion (Approximately USD$1,52 bln). The modifications will improve health, safety and the environment (HSE) – as well as earnings from the installations. Appropriations for mo
As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in the North Sea area for Rijkswaterstaat (part of the Dutch Ministry of Transport, Public Works and Water Management) for a period of three years. At the end of Decembe
France’s Poweo power group said it still wants to build an LNG facility at Le Havre’s Antifer oil terminal… (fairplay) [mappress] Source: fairplay, January 6, 2011;
