Repsol Chairman, Antonio Brufau, and the Bolivian President, Evo Morales visited the Margarita gas field in Bolivia yesterday, with a group of international financial analysts. They toured the construction works of the new gas processing plant. This facility is part of a development plan located in
The Zeebrugge liquefied natural gas terminal in Belgium will receive a delivery of the fuel next week, according to the port’s website… (bloomberg) [mappress] Source: bloomberg, November 23, 2011; Image: fluxys
Woodside Petroleum Ltd., Australia’s second-biggest oil producer, is likely to be an underperformer in Sydney trading because of uncertainty… (bloomberg) [mappress] Source: bloomberg, November 23, 2011; Image: woodside
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a second contract from Chevron Australia Pty. Ltd. to provide pipeline coatings and related products and services for the flowlines on the Wheatstone Project. This contract is in addition to the previously announced con
An investment decision on the Gazprom-led Shtokman gas project off Russia’s Arctic may be delayed until early next year, according to … (themoscowtimes) [mappress] Source: themoscowtimes, November 23, 2011; Image: shtokman
The unique fuel conversion of the product tanker ‘Bit Viking’, from heavy fuel oil to gas operation, has been finalised and in October the vessel was handed over to Tarbit Shipping. The re-commissioned vessel is operated by Statoil along the Norwegian coastline, and the conversion carried out by Wär
Enagás has signed a €200Mn tranche of the €1Bn loan taken out with the EIB in 2008 to finance its 2007-2011 Investment Plan. The conditions of the tranche has are optimal regarding both maturity and financial cost. The repayment term is for a period of up to 20 years, with a five-year grace period,
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a letter of intent from Mitsui & Co., Ltd. to provide pipeline coatings and related products and services for the gas export pipeline on the Ichthys Gas Field Development Project. The letter of intent is conditional on
Led by Alexey Miller, Chairman of the Gazprom Management Committee the Company’s delegation paid a visit to the Republic of Serbia Monday. As part of the visit, a working meeting took place between Alexey Miller and Boris Tadiс, President of the Republic of Serbia. The parties discussed the cooperat
The giant Pazflor development, which lies 150 kilometres offshore Luanda in Angola, was inaugurated today at a ceremony attended by José Botelho de Vasconcelos, Angola’s Minister of Petroleum, Manuel Vicente, Chairman and CEO of Sonangol, Christophe de Margerie, Chairman and CEO of Total, Yves-Louis
Israel has gradually boosted naval patrols around its east Mediterranean natural gas fields for fear of guerrilla attacks and as maritime… (reuters) [mappress] Source: reuters, November 22, 2011;
State-owned Japan Bank for International Co-operation (JBIC) has agreed to provide a loan of ¥60bn ($780mn) to Japanese utility Kyushu … (argusmedia) [mappress] Source: argusmedia, November 22, 2011;
Foster Wheeler AG announced today that Michelle Davies, 51, has been named as General Counsel, effective November 1, 2011. She assumes the position after having served as Acting General Counsel since January 1, 2010. She assumes the role of General Counsel in addition to her responsibility as Corpor
Russia’s pipeline gas export monopoly Gazprom expects a slight fall in prices paid by European consumers in the first quarter of 2012, its… (reuters) [mappress] Source: reuters, November 22, 2011; Image: gazprom