News
Haugane to Leave Det Norske CEO Position in 2013
Erik Haugane, CEO of Norwegian oil and gas company Det norske, will resign from his position after his 60th birthday, the company announced today. He will celebrate his 60th birthday in February next year and will resign from his position as CEO of Det norske oljeselskap ASA during 2013. Haugane wil
Dutch Government Plans EUR 400 Million Renewable Energy Fund
The Dutch government has set goals to attain 16% of energy from renewables by 2020, and 100% by 2050. The way they are trying to achieve this is by increasing the fund for renewable energy to EUR 400 million. The grant will be financed by taxes on electricity and natural gas, whereas the companies w
Dutch Government Plans EUR 400 Million Renewable Energy Fund
The Dutch government has set goals to attain 16% of energy from renewables by 2020, and 100% by 2050. The way they are trying to achieve this is by increasing the fund for renewable energy to EUR 400 million. The grant will be financed by taxes on electricity and natural gas, whereas the companies w
Seadrill Ups Its Stake in Asia Offshore Drilling Limited
One of the largest drilling contractors in the world, Seadrill Limited, has increased its ownership in Asia Offshore Drilling Limited. The drilling contractor today bought additional 38,961 shares of Asia Offshore Drilling Limited at a price of NOK 28.71 per share (USD 5.0). Following the acquisitio
Admiralty Shipyard Launches Rescue Ship Igor Belousov (Russia)
Admiralty Shipyard, United Shipbuilding Corporation’s subsidiary, today launched rescue ship Igor Belousov of Project 21300. Project 21300 salvage vessel, ordered by the Russian Navy, is designed for rescuing distressed submarines and is equipped with advanced rescue capabilities. By her basic featu
Gazprom Working on Pipeline Gas Supplies to China
Gazprom’s Board of Directors took into account the information regarding the progress with pipeline gas supplies to China and other Asia-Pacific countries. It was noted during the meeting that a fresh impetus was given to the negotiations with China within the frameworks of the APEC Summit in Vladiv
First LNG Vessel to Sail Northern Sea Route Arrives at Montoir-de-BretagneTerminal, France
On October 27th, the LNG tanker Ob River arrived at the Montoir-de-Bretagne LNG terminal operated by Elengy, a GDF SUEZ subsidiary. The vessel, coming from the Pacific Ocean, is the first LNG carrier to transit the Northern Sea Route. She called at Montoir LNG terminal, located in the Nantes Saint-N
GL Noble Denton Seeks Oil Professionals’ Opinion on the Industry Outlook
GL Noble Denton has called upon hundreds of oil and gas sector professionals to contribute to a comprehensive new research programme investigating the issues the industry is expected to encounter in 2013. Working in association with independent partner Longitude Research, GL Noble Denton has invited
Klaipedos Nafta: 16 Companies Show Interest in LNG Supply Tender, Lithuania
Klaipėdos Nafta said that 16 companies have expressed interest to take part in the procurement of liquefied natural gas (LNG) organised by the company. Notice on procurement in question has been published in Financial Times issue, dated 22.10. and web site of the company. Expressions of interest cou
GL’s FutureShip Develops Zero-Emission Concept for Baltic Ferries
A new concept for a zero-emission propulsion system for ships has been developed by GL’s subsidiary FutureShip GmbH, Ship&Bunker reports citing the company’s announcement. The new concept is made for Scandlines’s ferries which link the island of Fehmarn with Denmark on the so-called Vogelfluglinie a
Det Norske: Oil Presence Confirmed at Espever High (Norway)
Det norske oljeselskap ASA today announced that core samples confirmed oil presence in appraisal well 16/2-14 (PL 265), in the Norwegian sector of the North Sea. The well is being drilled with Ocean Vanguard rig on the Espever High, which is part of the Johan Sverdrup field. “Drilling operations in
Ministry of Economy, Trade & Industry of Japan, Confirmed to Open World LNG Summit
Mr. Yasuhiro Matsuyama, Director for Petroleum & Natural Gas Division, Ministry of Economy, Trade & Industry (METI) Japan, will give the opening keynote address at the Thirteenth World LNG Summit and Awards Gala Dinner on Wednesday 28 November 2012 at the Hotel Arts in Barcelona. Mr Matsuyama, who i
MeyGen Retains Xodus for Further Support on UK’s Tidal Project
Independent, international energy consultancy Xodus Group has been retained by MeyGen Ltd to provide further environmental support for a major tidal project in the Pentland Firth, Scotland. The initial contract for Phase 1 of the project, was awarded in March 2011 and is now valued at more than £450
Lundin Gets Approval to Start Production Testing at Johan Sverdrup
Norway’s oil safety watchdog has given its approval to Lundin Petroleum for the use of Bredford Dolphin rig at the Johan Sverdrup discovery in the North Sea. Lundin Norway, a subsidiary of Swedish oil company Lundin Petroleum will use the Aker H-3 type semi-submersible rig for drilling and productio