Wärtsilä, a global leader in complete lifecycle power solutions for the marine and energy markets, inaugurates its new spare parts distribution centre in Kampen, the Netherlands, on Monday 7 November 2011. The Central Distribution Centre is to be inaugurated by Wärtsilä’s President & CEO Björn Rosen
British prompt gas prices rose more than 5 percent on Monday morning as supply fell short of demand while lower temperatures boosted gas bur… (reuters) [mappress] Source: reuters, November 7, 2011
Fairstar Heavy Transport N.V. (FAIR) has signed a Facility Agreement with DNB Nor, ING and HSH Nordbank. The Facility provides financing to retire the Company’s current indebtedness with HSH Nordbank and ABN AMRO, fund the final payments due for the construction of the 50,000DWT semi-submersible ves
Construction of the onshore infrastructure for the Shtokman gas field will start in Teriberka in 2012, says General Director of Gazprom Doby… (barentsobserver) [mappress] Source: barentsobserver, November 7, 2011; Image: shtokman
Gas exploration partnerships Avner, Delek Drilling and Ratio reported Sunday that the Dolphin 1 drilling site, situated 110 kilometers off t… (ynetnews) [mappress] Source: ynetnews, November 7, 2011; Image: noble energy
After GAIL, IOC and BPCL, the board of state-owned Oil and Natural Gas Corp (ONGC) has approved acquisition of Asian Development Bank’s (ADB) stake in Petronet LNG Ltd. ADB had on August 23 offered to sell its 5.2 per cent stake in Petronet, in which the four state-owned oil and gas companies hold 1
The Government of Lithuania on Wednesday will give the projected liquefied natural gas (LNG) terminal the status of national importance… (baltic-course) [mappress] Source: baltic-course, November 7, 2011
Mr James Han has been appointed President of Wärtsilä China as of November 14, 2011. James Han has extensive experience in the manufacturing industries, taking overall management roles and leading business on Country and Asia Pacific level. For over 15 years he was the Country Manager at Sandvik, th
Oil and Gas Regulatory Authority (Ogra) has sent third-party access rules to the Cabinet Division for its notification in a bid to ensure tr… (nation) [mappress] Source: nation, November 7, 2011
Inpex plans to start front-end engineering design (FEED) work for Abadi LNG project in the Masela oil and gas block in the first half of 201… (theindonesiatoday) [mappress] Source: theindonesiatoday, November 7, 2011; Image: inpex
Two billion dollars will be invested in gathering associated gases in Kharg and Bahregan projects south of Iran, deputy minister of petroleum for engineering and domestically manufacturing affairs, Hamdollah Mohammadnejad said. Speaking at the closing ceremony of the fourth meeting of the Iranian mi
Norway’s Statoil has said a Russian government guarantee of tax breaks for the Shtokman gas field is urgently required if a final investment… (themoscowtimes) [mappress] Source: themoscowtimes, November 7, 2011; Image: shtokman
Qatar is getting ready for the formal inauguration of the world’s largest source of gas-to-liquids (GTL) products-Pearl GTL – at Ras Laffan… (gulf-times) [mappress] Source: gulf-times, November 7, 2011; Image: shell
Today Beach Energy Ltd announced an unconditional on-market cash offer of 20 cents per share (Offer) for all of the issued and outstanding ordinary shares of Adelaide Energy Limited it did not own. Prior to the offer Beach had a relevant interest in the ordinary shares of Adelaide Energy of 19.95 pe
