Statoil has awarded Bergen Group Rosenberg a contract for building and installing a compressor module on the Kvitebjørn platform in the North Sea. This will contribute to improving the recovery rate and accelerating production at the Kvitebjørn field by allowing for production with reduced wellhead
The Board of Directors of Shtokman Development AG was held in Zurich on November 24, 2010 to review the key issues related to preparation of the Final Investment Decision on the Start-up Facilities for pipeline gas supply and on the LNG Facilities. The work schedule, program and budget of Shtokman D
Repsol YPF S.A.’s Board of Directors today agreed to distribute a gross interim dividend of 0.525 euros per share from the 2010 earnings. This dividend represents a 23.53% increase compared to the previous year and would be equivalent to a total dividend of 1.05 euros per share for the year 2010. Th
The Board of Directors meeting has adjourned at the Company’s headquarters. The Board of Directors addressed the information on the action plan to consolidate Gazprom’s positions in the markets of Europe, Asia and North America as well as on the plans to enter new markets. The Gazprom Management Com
The United Shipbuilding Corporation intends to bid for contracts in the Yamal LNG project… (barentsobserver) [mappress] Source: barentsobserver, November 24, 2010;
Hamworthy plc, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announces its interim results for the six months ended 30 September 2010. Financial highlights · Revenue decreased by 17.2% to £83.1 million (H1 2009: £100.4 million) · Operating pro
Ofgem today published initial proposals for the price control of Liquefied Natural Gas (LNG) storage facilities run by National Grid Liquefied Natural Gas (NG LNG). NG LNG owns and operates three LNG storage facilities offering a combination of commercial and regulated services. The regulated servic
The Mekaines LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal November 29, 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
Keynote speaker Gϋnther H. Oettinger, European Commissioner for Energy, European Commission, at last week’s 2010 European Autumn Gas Conference, said “the urgent necessity to provide the energy market with a proper infrastructure is one of the key priorities of the new energy strategy until 2020,” w
The European Commission on Wednesday presented its energy infrastructure priorities for the next two decades, aimed at making networks fit for the 21st century. In the Communication, the Commission defines EU priority corridors for the transport of electricity, gas and oil. This map of priorities wi
Leading international classification society Bureau Veritas has published new rules for Polar Class vessels and specific guidance on ice/structure interaction. The rules are aimed at speeding Arctic and Caspian Sea oil and gas development by facilitating the building of tank, cargo and offshore serv
ABB, the leading power and automation technology group, recently won an order worth $58 million to provide complete power and propulsion systems for six new LNG (liquefied natural gas) transport vessels to be built by Samsung Heavy Industries (SHI) at its shipyard in South Korea. The order was booke
The CWC Group and World Gas Intelligence are pleased to announce that the winner of the LNG Award 2010 is Chevron Global Gas. The award has been given to Chevron in recognition of their great contribution to the LNG industry in the past 12 months, including delivering FID on the 15 mtpa Gorgon proje
During the period 1-3 September 2010, the Petroleum Safety Authority Norway carried out an audit of logistics, materials handling, crane and lifting operations at Hammerfest LNG. The main focus of the audit was Statoil’s management and leadership of the materials handling, technical condition, the s
