News
Klaipedos Nafta: Lithuania Govt Passes Resolution on LNG Terminal
Klaipedos Nafta said in a statement that the Government of the Republic of Lithuania passed a resolution regarding the establishment of the LNG terminal whereby it is approved that Klaipedos Nafta would continue the implementation of the LNG terminal project. “The Ministry of Energy of the Republic
Norway: Jan LNG Exports Slide
Norway exported 440,946 mt of LNG in January, according to the trade statistics. LNG exports in January dropped 2.9%, compared with last year, when the country exported 454,007 mt of LNG. Norway exports liquefied natural gas through Hammerfest LNG terminal, located on the island Melkøya. Statoil, th
Statkraft Achieves Profit of USD 521 Million in 4Q 2011 (Norway)
In the fourth quarter of 2011, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 3028 million, compared with NOK 5686 million in the corresponding quarter in 2010. As a result of unrealised changes in value for energy contracts and write-downs on production asset
Drewry Maritime: Better Prognosis for Product Tankers
Drewry Maritime Research’s latest Tanker Forecaster report looks at how surplus tonnage is placing a burden on crude tanker freight rates in the short and medium term, however, product tankers especially MR tankers, are expected to perform better in the coming years. Freight rates for MR product car
UK: Nautronix Wins Innovation and Technology Award
Nautronix has won the Innovation and Technology Award, sponsored by Simmons & Company International for their NASeBOP (Nautronix Emergency BOP Acoustic Control) System at the Annual Subsea 2012 Business Awards. This prestigious award is a major achievement in recognition for the advancements made th
Gazprom: South Stream on Track (Russia)
Alexey Miller, Chairman of the Gazprom Management Committee held a meeting on the South Stream project implementation. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Exe
Malta: MTA Plans Xemxija Beach Replenishment
The Malta Tourism Authority is planning to import sand to replenish and extend the small sandy beach at Xemxija… (timesofmalta) [mappress] Source: timesofmalta, February 16, 2012
New AMI Consulting Report Details Materials Usage in Wind Turbine Blades (UK)
A report from industry consultants, AMI Consulting, published in January 2012, calculates that the global demand for materials in the production of wind turbine blades grew by over 20% per annum in the last five years. The market for wind turbine blades has been one of the fastest growing of any com
Waveney MP Opens Llowestoft College Wind Turbine Training Tower (UK)
Lowestoft College’s newly refurbished Engineering workshop and wind turbine training tower was officially opened by Waveney MP Peter Aldous on Friday 10 February. The new engineering workshop features state-of-the-art equipment which makes the college one of the leading engineering training centres
Denmark: Minister for Business and Growth Presents Maritime Award
On Friday 10 February 2012, the Danish Design Centre provided the setting for a happy maritime event. Here, Minister for Business and Growth Ole Sohn presented the Maritime Award 2011 to Copenhagen Business School for the master’s programme MBA in Shipping & Logistics – better known as the Blue MBA.
SSE Gets Thumbs Up for Offshore Wind Turbine Test Facility at Hunterston (UK)
SSE Renewables, the renewable energy development division of SSE, has received consent from North Ayrshire Council to construct an offshore wind turbine test facility at Hunterston in North Ayrshire. The facility will be Scotland’s first offshore wind turbine test site and will be an extension of SS
SSE Gets Thumbs Up for Offshore Wind Turbine Test Facility at Hunterston (UK)
SSE Renewables, the renewable energy development division of SSE, has received consent from North Ayrshire Council to construct an offshore wind turbine test facility at Hunterston in North Ayrshire. The facility will be Scotland’s first offshore wind turbine test site and will be an extension of SS
Renewable Energy Giants Form G9 Offshore Wind Health and Safety Group (UK)
Nine of the world’s largest renewable energy developers have come together to form a new group, that places health and safety at the forefront of all offshore wind activity and developments – G9 Offshore Wind Health and Safety Association Limited. The new forum, to be known as G9, will aim to create
Gazprom, Ukraine Continue Talks (Russia)
Alexey Miller, Chairman of the Gazprom Management Committee held a working meeting on the issues of the Russian gas transit via Ukraine during abnormally cold snaps. Heads and experts from Gazprom’s specialized structural units took part in the meeting. A focus was placed on ensuring the uninterrupt