News
ROMAR Invests in R&D to Meet Oilfield Decommissioning Industry Demand
Aberdeenshire-based oilfield service company ROMAR International has expanded its product range with the launch of a new swarf recovery unit, as a result of more than doubling investment in research and development (R&D). To ensure it can respond to the future increased demands of the offshore well
Poland: UOKiK Penalizes PGNiG for Market Position Abuse
Polish gas company PGNiG was hit with 60 million zlotys ($17.5 million) of fine due to illegal market practices on Tuesday, reports Reuters. PGNiG was penalised by the anti-monopoly office UOKiK because it disrupted competition in Poland’s retail gas market. The company was penalized after it refuse
Belgium: EWEA Calls for Removal of 2.6 Billion Emission Allowances
The now massive oversupply of CO2 emission allowances on the market must be addressed to avoid a collapse of the Emission Trading System (ETS) that was put in place to reduce CO2 emissions. The European Wind Energy Association (EWEA) proposes the following two-step approach: • Firstly: delay 2.6 bil
Russia: Novatek Increases Q2 Natural Gas Production by 15.7 Pct
OAO NOVATEK today reported preliminary production data for the second quarter and first half 2012. Gross production for the second quarter totaled 14.04 billion cubic meters of natural gas and 1.04 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.91
Wartsila to Supply China’s First LNG Powered Tugs
Wärtsilä, the marine industry’s leading solutions and services provider, is to supply the main engines for two environmentally sustainable tugs being built for CNOOC Energy Technology & Services Limited, a subsidiary of the state-owned China National Offshore Oil Corp. The vessels are the first in a
Brussels to Host WODCON (Belgium)
World Dredging Congresses (WODCONs) are organised once every three years by WODA, the World Organisation of Dredging Associations. First organised in 1967 in New York and held throughout the world since, this series of congresses has become the unique most important event for dredging professionals
Croatia Expects FID for LNG Terminal Before End of 2013
Croatia’s state-owned natural gas transmission system operator (TSO) Plinacro is on course to build the first phase of a potential 4-6 billion cubic metre (Gm³)/year LNG terminal by 2016, it confirmed on July, 04. The first phase will boast a 1-2Gm³ capacity and will be operational in 2016, or even
ROSMOPORT: General Director’s Working Trip to Kaliningrad (Russia)
On July 5 and 6, 2012 the FSUE “Rosmorport” General Director A.V. Lavrishchev and First Deputy Director of Federal Marine and River Fleet Agency S.P. Gorelik made a working visit to the seaport of Kaliningrad. In the framework of the working trip, S.P. Gorelik and A.V. Lavrishchev visited the port i
Last Turbine Installed at Sheringham Shoal, UK
The final blade of the eighty-eighth and last wind turbine at the Sheringham Shoal Offshore Wind Farm was bolted into place marking one of the few remaining milestones in the construction of this 317MW project in the Greater Wash off the coast of North Norfolk. The team on-board jack-up ‘Seajacks Le
Nigerian LNG Cargo to Arrive in Rotterdam Today
Dutch Gate terminal in the Port of Rotterdam will welcome the Nigerian LNG tanker LNG Port Harcourt today, according to the shipping data. LNG Port Harcourt can carry up to 122,000 cubic metres of LNG. AIS Live ship tracking data showed that the ship left the Bonny liquefaction and export terminal i
Deltares Delegation Visits South Korea
Deltares participated in a trade mission to South Korea from 17 to 20 June 2012. Central theme of the mission was water management. The mission was organized by the Ministry of Economic Affairs, Agriculture & Innovation, in cooperation with Netherlands Water Partnership and The Netherlands embassy i
Nord Stream Gets Permission to Operate Pipeline Through Denmark
Today the Danish Energy Agency granted Nord Stream permission to operate the second of its twin pipelines that will transport natural gas from Russia to Europe. The permit to operate the first pipeline was granted a year ago, in July 2011. The operations permit was granted as Nord Stream has met and
The Netherlands: Shell Buys Gasnor
Shell, the current owner of 4.1% of the shares in Gasnor AS, has signed a Share Purchase Agreement for the acquisition of the remaining outstanding shares in the company for USD 74 million (NOK 455.5 million). Subject to Norwegian regulatory approvals, the transaction is expected to be closed in the
Douglas-Westwood: LNG Industry to Grow by Nearly 40 Pct in 4 Years
From 2012-2016 the LNG industry is forecast to grow by nearly 40%. A boom in demand in Asia is driving export markets in Australasia and by 2016 North America may become a significant export player, driven by growth in its shale gas production, offering substantial feedstock for the LNG industry. Th