News
Rotech Subsea Works on UK’s Largest Windfarm
A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the U
Repsol Closes EUR 750 Million Offering (Spain)
Repsol International Finance, B.V. closed a 750 million euro 7 years and 1 month bond at 99.937 per cent, with a coupon of 4.875 per cent equivalent to mid swap + 292 b.p., to be listed on the regulated market of the Luxembourg Stock Exchange. This bond, guaranteed by Repsol YPF, S.A., is issued und
Witteveen+Bos Asks Deltares to Conduct Taman Port Study (Russia)
Witteveen+Bos has asked Deltares to conduct a study of a new harbour to be built in Taman, Russia. Taman is a completely new port located on the Black Sea and it will be Russia’s third largest harbour. In addition to the quays, the dredging and the land reclamation, the Witteveen+Bos design also inc
NOVATEK: Gas Production Up 41.7 Percent in 2011 (Russia)
OAO Novatek today reported preliminary production data for the fourth quarter and full year 2011. Gross production for the fourth quarter totaled 14.53 billion cubic meters of natural gas and 1,063 thousand tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 3.6
EU Achieves 2010 Renewable Electricity Target (Belgium)
The EU achieved its 2010 renewable electricity target of 21% of electricity consumption according to latest analysis by the European Wind Energy Association (EWEA). (The EU’s 2001 Renewable Electricity Directive set a target of 21% electricity from renewable sources for 2010). In 2010 renewable ener
Gamesa Attends Manten-er Trade Fair in Valladolid, Spain
Gamesa, a global technology leader in wind energy, will attend the III Manten-er trade fair, which begins today in Valladolid, with new offerings in the area of operation and maintenance (O&M) services for the wind energy market. These developments include the European and international launch of Ga
Port of Bilbao Unveils Plan for Future (Spain)
The private sector plans to invest about €253m ($323m) in the Spanish port of Bilbao, over the next few years. This will be divided between 15 projects, encompassing LPG, liquid bulk, dry bulk, containers and general cargo. The Port Authority plans and implements the infrastructure works needed for
100 kW Modules for Wave Roller Project Arrive to Peniche Shipyard (Portugal)
The three 100kW modules for the project Wave Roller arrived to Peniche Shipyard (PNS) on January 2. This is the latest technology from a Finish company, AW-Energy Oy, which produces energy from the waves. These generators are going to be installed near the sea shore of Peniche, where the prototype w
Public Consultation on Wind Turbine Factory in Hull Starts Today (UK)
Public consultation on the proposed Hull wind turbine factory started today, BBC reports. Future factory could provide around 700 working places. The Green Port Hull facility will be sited in the Alexandra Dock area of the city, with Siemens investing £80m and ABP £130m in the port infrastructure. G
Public Consultation on Wind Turbine Factory in Hull Starts Today (UK)
Public consultation on the proposed Hull wind turbine factory started today, BBC reports. Future factory could provide around 700 working places. The Green Port Hull facility will be sited in the Alexandra Dock area of the city, with Siemens investing £80m and ABP £130m in the port infrastructure. G
UK: Officials Announce Port Ellen Terminal Reconstruction Works
Caledonian Maritime Assets Limited has announced that the pier reconstruction works at Port Ellen Ferry Terminal, Isle of Islay, are due to continue until Spring 2012. The works consist primarily of sheet piling around the existing pier structure, which are being undertaken from land. There will als
Poland: Gaz-System Gets Award for Swinoujscie LNG Project
Gaz-System S.A. received the 2011 Seahorse Award, the annual business prize awarded by the Szczecin Business Club, for the performance of the LNG Terminal Construction Project in Świnoujście – the largest infrastructure investment in Western Pomerania. The liquefied natural gas off-take and regasifi
Cedigaz: World LNG Trade Poised for Rapid Expansion (France)
The latest annual survey of the global gas industry, 2011’s Natural Gas in the World published by the international association Cedigaz in December, provides a detailed description of the recent evolution in the world’s gas markets. The study focuses on the new dynamics in the global gas industry an
The Netherlands: Eneco Receives First LNG Cargo at Gate Terminal
The LNG tanker “LNG Jupiter” has arrived on January 12, 2012 at the Gate terminal to deliver the first LNG to Eneco. Upon arrival, the ship has started to pump its LNG into the storage tanks of the Gate terminal. It is anticipated that the “LNG Jupiter” will leave the Rotterdam port on January 13. [