News
Montoir Terminal to Get LNG Tanker Truck Loading Service, France
Elengy is launching new solutions for the promising market of LNG as fuel, and more generally, road-transported LNG, at its Montoir-de-Bretagne LNG terminal. By offering a new LNG tanker truck loading service, Elengy will enable its customers (energy suppliers) to load up their tanker trucks with li
Dockwise Board Supports Merger with Boskalis (The Netherlands)
The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise and Boskalis and to recommend the mandatory cash offer by Boskalis of EUR 18.50 / NOK 137.65 per share cum dividend for all of the issued and outstanding common shares in the capital of Dockwise . Bosk
Technomar Orders Two Vessels from Hanjin Heavy (The Philippines)
Technomar, a shipping company based in Greece, has ordered a pair of containerships from Hanjin Heavy Industries & Construction shipyard in the Subic Bay, the Philippines, SeaShipNews reports. The order for 6,900 teu vessels comes with an option for two more of the same type. Allegedly, the vessels
Delek Signs PSC for Block 12 Offshore Cyprus
Delek Group announced that on February 11, 2013, each of the partnerships subsidiaries, Delek Drilling and Avner Oil Exploration, signed the Production Sharing Contract (PSC) which is originally dated October 24, 2008, granting exploration rights, appraisal, development and production of oil and/or
ROV Market in Oil & Gas Industry to Reach Value of $2.46 Bln in 2013
The global market for remotely operated vehicles (ROVs) in the oil & gas industry will reach a value of $2.46bn in 2013,according to a report published by Visiongain. The sector will experience strong growth over the forecast period as increasing expenditure in the deepwater and subsea construction
Delek, Avner Sign PSC for Block 12 Offshore Cyprus
Israel’s Delek Drilling – L.P. and Avner Oil Exploration – L.P., yesterday signed the Production Sharing Contract which is originally dated October 24, 2008 (the “PSC”), granting exploration rights, appraisal, development and production of oil and/or gas in the territorial waters of the Republic of
Scotland Unlikely to Hit Renewable Energy Targets Solo
Scotland is unlikely to achieve its target of having all electricity produced from renewable sources, if the country becomes independent, a team of academics, specialized in energy, has warned in a report. The group, membered by researchers from Birmingham, Cardiff, Robert Gordon and Queens in Belfa
E.ON Eyes Norway, Sweden for Large Wind Energy Projects
Norway and Sweden seem to be good places for E.ON’s wind energy plans, as the company intends to develop onshore and offshore wind farms with the capacity to generate hundreds of megawatts of electricity. In Norway, the company has proposals for nine onshore farms with a total capacity of 1,500 MW,
E.ON Eyes Norway, Sweden for Large Wind Energy Projects
Norway and Sweden seem to be good places for E.ON’s wind energy plans, as the company intends to develop onshore and offshore wind farms with the capacity to generate hundreds of megawatts of electricity. In Norway, the company has proposals for nine onshore farms with a total capacity of 1,500 MW,
Russia: Sakhalin LNG Exports Climb 3 Percent YoY
The Sakhalin Energy company, operating one of the world’s largest integrated oil and gas projects Sakhalin-2, has produced 10.9 million tonnes of liquefied natural gas (equivalent to 15 bcm of natural gas) in 2012. This figure is nearly 14% higher than the initial nominal capacity (9.6 million tons)
Belgium: Europe Leads Offshore Wind Market with 90 Pct of Total Installation in 2012
The Global Wind Energy Council (GWEC) has released its 2012 market statistics, showing continued expansion of the market, with annual market growth of almost 10%, and cumulative capacity growth of about 19%. A record year for US installations and a slower market in China mean that the two countries
Toisa Orders Offshore Construction Vessel from Hyundai Heavy
Toisa Ltd. signed a contract with South Korea’s Hyundai Heavy Industries (HHI) for the construction of a Multipurpose Offshore Construction Vessel (MOCV) designed by Dutch design office Ulstein Sea of Solutions. The DNV classed vessel is a customized version of Ulstein’s Deepwater Enabler design. Th
Gazprom of Russia Completes Investment Rationale for Vladivostok LNG
Gazprom CEO Alexey Miller and Vladimir Miklushevsky, Governor of the Primorye Territory, met in Moscow, Gazprom said in a statement. “The parties reviewed the Eastern Gas Program progress in the region, discussing, in particular, the project for the LNG plant construction near Vladivostok (Vladivost
Canadian Pension Fund to Acquire 25 Pct Stake in London Array
A Canadian pension fund Caisse de dépôt et placement du Québec is planning to acquire half of Dong Energy’s 50% stake in the London Array offshore wind farm, The Sunday Times reports. This 25% stake in the world’s largest offshore wind farm would cost the pension fund GBP 500 million. Besides Dong E