FLEX LNG Announced that the company is in discussions with SHI to restructure the commercial relationship between the two companies. FLEX LNG and SHI have in December 2010 completed initial discussions to agree upon a process with a target to sign binding amended terms to the commercial relationship
Norwegian LNG cargoes have been despatched to the UK and US, despite the shutdown of the Snohvit liquefaction train… (argusmedia) [mappress] Source: argusmedia, December 23, 2010;
Energy company Eneco has signed a multi-year agreement with Gate terminal for the yearly throughput of one billion cubic metres natural gas to Eneco’s end users (customers and power stations). The supply of gas from Gate terminal at Rotterdam-Maasvlakte, with Gasunie and Vopak as main shareholders,
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 30, 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
BlackRock, Inc. has informed Wärtsilä Corporation that it has sold Wärtsilä shares on 20 December 2010 and now owns less than one twentieth (1/20) of the company’s votes. Following the transaction BlackRock Inc. owns 4,898,350 shares or 4.97% of Wärtsilä’s share capital and total votes. [mappress] S
STX Finland Oy and Viking Line ABP have signed an agreement for the construction of an environmentally friendly, new generation cruise ferry for Viking Line. The agreement includes an option for a sister ship. The contract price is about 240 million euros. The ship will be built at Turku shipyard an
Ukraine sees Azerbaijan as a priority supplier of liquefied natural gas (LNG), Head of the working group “National Projects” of the Economic… (trend.az) [mappress] Source: trend.az, December 22, 2010;
The world’s northernmost natural gas liquefaction plant Hammerfest LNG on the island Melkøya, 800 km north of the Arctic Circle near Hammerfest in Norway, had started commercial production by beginning 2008 and produces now with a performance of up to 104 percent of its design capacity. A performanc
Under the chairmanship of Vlada Rusakova, Member of the Management Committee, Head of the Strategic Development Department, Gazprom and Marc Florette, Head of the Research and Innovation Department, GDF SUEZ an extended meeting of experts coordinating the sci-tech cooperation (STC) between the compa
BG Group today announced that Ashley Almanza will stand down from the Board and leave his role as Chief Financial Officer on 31 March 2011. This follows an earlier indication from Mr Almanza of his desire to leave BG Group within the next two years. After 31 March 2011, Mr Almanza will continue to w
Damen has been tasked with developing the first environmentally friendly ferry design for the Dutch shipping company Rederij Doeksen. Based in Harlingen, Rederij Doeksen operates passenger and car ferries between Harlingen and the Dutch Wadden islands of Vlieland and Terschelling. This will be the f
JGC Corporation today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited to KBR. MWKL is a UK-based affiliate of both companies. Following the transaction, MWKL will become a wholly-owned subsidiary of KBR. The transaction is expected to be finalized in January 2011.
Wärtsilä, the marine industry’s leading solutions provider, has strengthened its position as the global leader in supplying design and propulsion solutions for Liquefied Natural Gas (LNG) Platform Supply Vessels (PSVs) with yet another important order. Norwegian operator Eidesvik Offshore has placed
The Aamira LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 26, 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 me
