News
Russia: Gazprom, BP Discuss Cooperation
The CEO of Russia’s gas giant Gazprom, Alexei Miller, has held a working meeting yesterday with BP’s CEO Robert Dudley, Gazprom said in a statement. “The meeting was focused on a development outlook for the global energy market and cooperation between the two companies,” the company said. BP is one
UK: Milford Haven Port Posts Rise in 2011 Profits
Milford Haven Port, UK’s third largest port which handles around 20 per cent of the country’s fuel requirements, reported a pre-tax profit of £8.1m on a turnover of £29.5m in 2011, up from £7.1m on a turnover of £27.8m in 2010. This improvement had been aided by increased fuel demand during an excep
UK: Eventi Appoints New Director, Launches Integrated Offshore Wind Cost Reduction Initiative
UK-based design, engineering and technology company Enventi announced that John Smith has joined the company as shareholder and Director and in conjunction, has launched a significant initiative aimed at producing a fullyintegrated design for an offshore wind farm, deployable at £100/MWh. John bring
Shell Closer to Cove Acquisition. Offers USD 1.8 bln
Shell Bidco, a subsidiary of international supermajor, Shell, has increased its Cove Energy takeover bid. The company has placed a bid of around USD 1.8 billion which is a significant increase when compared to the initial USD 1.56 bln that Shell offered in February. Shell’s February bid was cancelle
YoungShip President Birgit Liodden Receives WISTA LeaderShip Award 2012 (Norway)
WISTA Norway announced that President of YoungShip International, Birgit Liodden, is the winner of the WISTA LeaderShip Award 2012. She receives the award as recognition of her dedicated efforts to raise the profile of the maritime industry and attract more female talents to the business. The award
Enagas: Musel LNG Terminal to be Mothballed After Completion, Spain
Even though the construction of 7 billion cubic meter/year terminal at Musel is nearing its completion and should be running until the end of the year, it will not be put into operation immediately due to insufficient gas demand. Following a governmental decree, issued in March, the terminal will be
Singapore, Norway Ink MOUs to Strengthen Maritime Sector
Singapore and Norway have just signed two MoUs (Memorandum of Understanding) in a bid to further clean technology application in the maritime sector. The signing of the MoUs come on the back of the 7th Singapore Maritime Week, which has recently concluded. Singapore company registration specialist,
UK: DONG, Siemens to Maintain Walney 2 for Next 25 Years
The joint DONG Energy and Siemens team will perform the operation and maintenance of the turbines for the next 25 years, and when all the turbines for Walney 2 have been handed over from Construction to Operations later this year, there will be 102 turbines in total. The dialogue has started regardi
Spain: Enagas Q1 Net Income at EUR 86.7 Million
Enagás, owner of four LNG terminals in Spain, reported net profit of €86.7Mn for the first quarter of 2012, 0.8% more than the €86Mn registered in the same period in 2011. The company’s EBITDA also increased from €205.9Mn to €214.2Mn at the end of the first quarter of 2012, up 4%. Enagás said that d
UK: Free Entry at Renewing The Humber Exhibition
FREE entry for business people is available to the exhibition hall of the Renewing The Humber conference during part of the day on May 1. People not already coming to the event as delegates, can take the opportunity visit the stands and learn more about the industry, network with business leaders an
UK: Local Companies Promote Humber Opportunities at Danish Event
According to Bdaily, four UK companies along with Humber Local Enterprise Partnership held a meeting with Danish offshore wind companies at EWEA 2012 exhibition. ABP, AbleUK, Danbrit Shipping and Wind Power Support presented the growth of the Operations & Maintenance Centre at Grimsby, as well as th
UK: Local Companies Promote Humber Opportunities at Danish Event
According to Bdaily, four UK companies along with Humber Local Enterprise Partnership held a meeting with Danish offshore wind companies at EWEA 2012 exhibition. ABP, AbleUK, Danbrit Shipping and Wind Power Support presented the growth of the Operations & Maintenance Centre at Grimsby, as well as th
Sweden: APM Terminals Welcomes G6 Call
The recently established G6 Alliance has added direct service Gothenburg, Sweden to its weekly Far East/Europe port rotation with the first vessel call of the APL Finland at APM Terminals Gothenburg, the busiest container facility in Scandinavia. The G6 Alliance was created in December 2011 through
Poland: PGNiG Gas Sales Hit 5.1 Bcm in Q1
Polskie Górnictwo Naftowe i Gazownictwo (PGNiG)said it has sold approximately 5.1 billion cubic metres of natural gas in Q1 2012, against 4.8 billion in Q1 2011, setting its new record of quarterly sales. In Q1 2012, the company produced 1.1 billion cubic metres of natural gas, on a par with the vol