News
Gazprom: Unification of Gas Compressor Units Reduces Costs (Russia)
The Gazprom headquarters hosted the first extended meeting of the Gas Compressor Equipment Manufacturers Association, where it was mentioned that Gazprom was putting much effort on developing the Russian gas transmission system by purchasing a great deal of gas compressor units (GCUs). The meeting w
UK: Pharos Speaking at Subsea Power Cables Seminar
Pharos Offshore Group Ltd will be speaking at the Subsea Power Cables Seminar being held on 12th-13th November in London. Pharos Offshore Group will be presenting on cable operations and maintenance for offshore wind farms and interconnections Established in 2009 but incorporating companies that hav
MPI Adventure Starts Met Mast Installation off Blyth, UK
After arriving at the Port of Tyne a few days ago, MPI Adventure is now installing a weather-testing station including a 750-tonne Met Mast off Blyth’s coast, the News Post Leader reports. MPI Adventure, a wind turbine installation vessel was commissioned by the National Renewable Energy Centre (Nar
Gastech: RasGas Optimistic About Qatar’s LNG Future
A record for reliable and safe delivery of liquefied natural gas (LNG); strategic geographic location and a robust global supply chain are all reasons Qatar is optimistic about its LNG outlook, said RasGas Company Limited’s Marketing and Shipping Executive, Khalid Sultan R. Al Kuwari, at Gastech. Sp
PGS Signs Loan Deals to Finance Ramform Titans
In April 2011, Norway’s PGS ordered two new generation Ramform Titan-class vessels, with options for another two vessels, from Mitsubishi Heavy Industries Ltd. Deliveries of the two first vessels are in Q1 and Q4 2013. Export credit financing in Japan for the new builds has now been concluded. The e
Infield Systems Launches Offshore LNG Report at Gastech (UK)
Infield Systems will be exhibiting at Gastech in London’s Excel, 8th – 11th October 2012 – booth A289. The company will be showcasing core market intelligence products and services for the global subsea oil and gas industry. Infield Systems announced the timely publication of its latest ground-break
Decom North Sea Elects 10 New Directors (UK)
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting last night in St Andrews, with 10 new directors elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has 213 fee paying members. Attendees
EDF CEO Lays Foundation Stone for Dunkirk LNG Terminal, France
Henri Proglio, Chairman and CEO of EDF, on Friday laid the foundation stone in the presence of Michel Delebarre, Member of the French Senate, Mayor of Dunkirk and Chairman of the Urban Community of Dunkirk. The Dunkirk LNG terminal is expected to be commissioned towards the end of 2015 and is the se
Eni Gets Go-Ahead to Use Transocean Spitsbergen on Marulk (Norway)
PSA Norway has granted approval to Eni Norge AS for the use of Eni Gets Go-Ahead to Use Transocean Spitsbergen on Marulk (Norway) for production drilling on the Marulk gas field in the Norwegian Sea. The consent relates to use of the semi submersible drilling rig Transocean Spitsbergen for drilling
SBM Offshore, Compact Team Up to Provide Floating GTL Systems (The Netherlands)
SBM Offshore, the leader in the supply of leased FPSOs, has signed a Commercial Development Agreement with Compact GTL Ltd, the pioneer of modular gas to liquid solutions, to work exclusively together on offshore projects. The use of GTL technology for floating prodution systems has the potential to
Norway: Siem Offshore Orders Installation Support Vessel
The contract is for the construction of one Installation Support Vessel, with option for one additional vessel. The associated gross project cost for the first vessel, ready for operation, is approx. USD 55 million. The firm vessel is scheduled for delivery in March 2014. The vessel, which shall hav
Qatar Petroleum Takes Part in Gastech 2012, UK
Qatar Petroleum, along with its joint ventures and subsidiaries, is taking part in the 26th edition of Gastech. Gastech is currently ongoing until October 11 at the ExCel Centre in London. Held under the theme “Fuelling the future by investing in gas,” the Gastech 2012 Conference and Exhibition brin
Ports of Rotterdam and Gothenburg Enter LNG Bunkering Alliance
The largest port in Europe, the Port of Rotterdam, and the largest port in Scandinavia, the Port of Gothenburg, have entered a new alliance. The aim is to speed up the establishment of liquefied natural gas as a maritime fuel. A memorandum of understanding will be signed between the Port of Rotterda
Russia: Novatek Completes Bond Placement
NOVATEK announced that the order book has closed for the placement of the Company’s BO-2, BO-3 and BO-4 Russian roubles bond series in the amount of RR 20 billion with a three-year maturity. The coupon rate on the bonds was set at 8.35% annually based on the book building results. Overall demand for