News
Germany: Global Tech I Construction to Start Punctually
The company Windreich AG, the wind power pioneer and leading builder of wind farms in the German North Sea, congratulates Bremen HOCHTIEF subsidiary HGO InfraSea Solutions on the launching of the ‘INNOVATION’ construction vessel. The Global Tech I wind farm initiated by Windreich was the initial tri
Germany: Prince Joachim of Denmark and Minister Altmaier to Visit HUSUM WindEnergy
This year HUSUM WindEnergy is expecting high-ranking visitors: Germany’s environment minister Peter Altmaier and H.R.H. Prince Joachim of Denmark will be visiting the world’s biggest wind trade fair. His Royal Highness Prince Joachim’s attendance on 19 September 2012 emphasises Husum’s long associat
UK: Kent to Get New Rock Barrier
Work on the Kent sea defence project will get underway this month. According to BBC, this project will reduce the risk of flooding to more than 1,500 homes and businesses in this area. As part of the scheme for Deal, a new 200m rock barrier will be created north of the Sandown Castle, and the [&hell
Shell Places Order for Medium Range Oil Tankers from Korea
Royal Dutch Shell Plc (RDSA) is currently conducting negotiations with Hyundai Mipo Dockyard (010620) Co. and SPP Shipbuilding Co. shipyards on the construction of 20 Medium Range oil tankers, TradeWinds informs citing unnamed shipbrokers. According to the same source, the possible deal would entail
Lietuvos Dujos, Gasum Form Natural Gas Exchange Company in Lithuania
On 7 September 2012, in Vilnius, a statutory meeting was held of the joint venture established by the Finnish gas company Gasum Oy and AB Lietuvos Dujos (LD) to operate a gas exchange, at which the articles of association were approved and the governing bodies were elected. Haroldas Nausėda, who man
UK: Bright Future for Londonderry Port
Recently, the Harbour Commissioners have launched a range of additional brands to “reflect the expanding and diversified range of activities conducted by the port and to assist in the drive to further build on its current strength ” according to Chairman, Mr Garvan O’Doherty. The launch took place a
Polskie LNG: Panel Discussion Held During Economic Forum in Krynica
By virtue of the currently erected LNG Terminal in Świnoujście, Poland will become a new player in the global LNG market, already accounting for over 32% of world gas trade. The LNG market increased as much as 65-fold in the period from 1971 to 2011. It is estimated that by 2030 it will grow by [&he
UK: DONG Energy Finalises All Star Line-Up at North Sea Offshore Wind Conference
DONG Energy has confirmed its participation as a speaker in the North Sea Offshore Wind conference to be held on 10th October 2012 in Hull. The Danish owned energy company’s announcement finalises an all star line-up of speakers alongside SMart Wind, Forewind, the Crown Estates, Reef Subsea Technoce
UK: DONG Energy Finalises All Star Line-Up at North Sea Offshore Wind Conference
DONG Energy has confirmed its participation as a speaker in the North Sea Offshore Wind conference to be held on 10th October 2012 in Hull. The Danish owned energy company’s announcement finalises an all star line-up of speakers alongside SMart Wind, Forewind, the Crown Estates, Reef Subsea Technoce
Exoma: Rocky Creek‐1 Well Completed, Australia
Exoma Energy Limited announced the Rocky Creek‐1 exploration well in ATP999P has been completed on Saturday 8 September 2012. The well was drilled to a total depth of 963 metres and cored 43.6m including a 27 metre section of the Toolebuc Shale formation. The shale samples will be subject to geochem
Germany: SMM 2012 Ends with Good Impressions
The exhibitors were satisfied, and there were streams of trade visitors from all parts of the world – SMM impressively confirmed its position again, as the number one stimulus event for the maritime industry in 2012. The 25th shipbuilding, machinery & marine technology international trade fair hambu
UK: BG CFO Granted Leave of Absence
LNG player BG Group of UK today announced that Chief Financial Officer (CFO), Fabio Barbosa has been granted leave of absence in order to undergo medical treatment in Brazil for a recently diagnosed condition. Following consultation with the Board, Fabio has appointed BG Group Financial Controller,
47 Oil Firms Apply for Acreage in APA 2012 (Norway)
The Norwegian authorities on Friday received all the applications for Awards in Predefined Areas 2012 (APA 2012). A preliminary count indicates that 47 companies have applied for acreage. This result shows that there is still considerable interest in new acreage and previously awarded and explored a
Hess Finds 1 Billion Reasons to Sell Its Offshore Assets in Azerbaijan
Hess Corporation has agreed to sell its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) in Azerbaijan and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. The transaction, expected to close in the first quarter of 2013, is subject to I