On 22 June 2011, as a part of the 24th Annual Marine Money Week held in New York, SCF Group (Sovcomflot) was presented with Marine Money’s “2010 Deal of the Year Award” in the category “Public Debt Europe”. The award was received by Nikolay Kolesnikov, SCF Executive Vice-President & CFO, representin
Westport Innovations Inc., a global leader in alternative fuel, low-emissions transportation technologies, today announced that it has entered into an agreement with General Motors to help develop advanced natural gas engine technology. Both General Motors and Westport will bring their extensive exp
Reference is made to announcement dated on June 28, 2011 where Golar LNG Limited informed of its intent to exercise its right under Bermuda company law to compulsory acquire all remaining outstanding shares in Golar LNG Energy Limited and the notice of compulsory acquisition dated June 3, 2011 that
Russia will by 2020 need a total of 30 LNG tankers, a leading politician with maritime policies says… (barentsobserver) [mappress] Source: barentsobserver, June 28, 2011
Fluor Corporation announced today that it has finalized a major services agreement with Woodside Energy Limited to provide engineering, procurement and construction management (EPCM) services for Woodside’s operating assets. Fluor’s initial contract term is for three years, with the option of three
Offshore Energy’s Committee of Recommendation, which includes CEOs and managing directors of Chevron, Dockwise, Imtech Marine Group and Damen Shipyards Group, will have its first meeting on 29 June 2011. Navingo, organizer of the Offshore Energy Exhibition & Conference (11&12 October 2011), formed t
Reference is made to the stock exchange announcement dated 27 June 2011 regarding Höegh LNG Holdings Ltd.’s (HLNG) revised transaction terms with regards to the planned equity raising in the form of an initial public offering as part of the listing of the Company’s common shares on the Oslo Stock Ex
China National Petroleum Corp. (CNPC) is expected to supply an additional two billion cubic meters (bcm) of natural gas to Shanghai Municipa… (interfax) [mappress] Source: interfax, June 28, 2011;
The Mekaines LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal July 5, 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 metre
The board of directors of Sempra Energy announced that Debra L. Reed has been elected chief executive officer of the company and a new member of the company’s board. Reed, 55, succeeds Donald E. Felsinger, who will continue in the role of Sempra Energy’s executive chairman until his planned retireme
MEO Australia Limited announces the expansion of its business portfolio by acquiring all of the shares in Transworld Seruway Exploration Limited (TSEL) which is the holder of a 100% participating interest in the offshore Seruway PSC, from Transworld Exploration Limited (TEL). Initial consideration f
Beach Energy Ltd has completed the fracture stimulation of Holdfast-1 with the various selected target zones fracturing in line with expectations. The program was designed to be experimental, with the objectives set out below. However, the volume of fluid and proppant injected and the extent and app
Developers Scottish and Southern Energy plc (SSE) and Statoil (UK) Ltd opened the new gas storage facility at Aldbrough in East Yorkshire Monday, 27 June. The UK Energy Minister, Charles Hendry MP, visited the new gas storage facility Momday to mark its official opening. The Aldbrough facility compr
Australian Government on Tuesday gave environmental approval to INPEX Corp’s Ichthys liquefied natural gas project. “The Australian Government’s decision to grant environmental approval to the Ichthys Project is a welcome step forward and helps pave the way for a final investment decision in the fou
