News
UK: Construction of Tanker Lerrix Nears Completion
Construction of the 53m-long tanker Lerrix, whose role will be filling the tanks of larger ocean-going ships with fuel, will be soon completed. The vessel will account for the biggest ship built on the Humber in decades. Building of the stern section of the vessel has been conducted at Hepworth’s Sh
European Wind Power Market Experiences Hard Time in Past Two Years
Reportlinker recently announced new catalog with information on a new wind power market research. The European wind power market has experienced a tough period during the last two years due to the economic downturn and weaker demand for wind energy. At this point, project financing issues and over c
Dudgeon Offshore Windfarm to Clear Another Obstacle (UK)
Dudgeon offshore windfarm worth GBP 1.5bn hopes to clear another obstacle. North Norfolk District Council’s decision on cable route has been delayed as planners waited final wording on the planned substation at Little Dunham, reports EDP24. The onshore cable route runs over 45km in the south westerl
LNG Energy Drills Peshtene R-11 Well in Bulgaria
LNG Energy Ltd. announced that the Peshtene R-11 well in Bulgaria has been successfully drilled to its total depth of 3,190 meters under the farm-in agreement with TransAtlantic Worldwide Ltd., a wholly owned subsidiary of TransAtlantic Petroleum. The Peshtene R-11 well, located on the A-Lovech expl
Wartsila: Hamworthy Shareholders Vote in Favour of Acquisition (Finland)
Wärtsilä announced that, at both the Court Meeting and General Meeting of Hamworthy plc held earlier today in relation to Wärtsilä’s recommended acquisition of Hamworthy by way of Scheme of Arrangement, all the resolutions proposed received the strong support of Scheme Shareholders. At the Court Mee
Reportlinker Publishes New HVDC Converter Stations Global Analysis
Reportlinker announced a “High-Voltage Direct Current (HVDC) Converter Stations – Global Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020”. Summary This report starts with an introduction to the global HVDC converter station market. The next chapter tal
Israel: Tamar Partners, Dalia Sign Gas Supply Deal
The Tamar partners signed a gas supply contract with Dalia Power Energies to sell up to 1.38 bcm of natural gas annually over 17 years. Dalia Power Energies will begin receiving gas in the second half of 2014. The deal is worth about $5 billion. The Tamar gas field is located in the Mediterranean Se
Eni, Statoil Find Oil & Gas Off Norway
Eni announced Havis oil and gas discovery in the Barents Sea, about 200 km off the Norwegian cost. The discovery, made with the Havis 1 NFW exploration well in a 365 meter area of water and at a depth of approximately 1,750 meters, revealed between 190 and 315 Mbbl of recoverable oil and between 4 [
Norway: Awilco LNG Wins Longer WilEnergy Deal
Awilco LNG announced today that the WilEnergy charterer has declared their option to extend the original period under the Charter Party until February 2013. Estimated EBITDA contribution for the WilEnergy in 2012 is expected to be MUSD 21.5. The vessel will be dry-docked for a period of approximatel
RenewableUK Criticises Civitas’ Wind Power Report
RenewableUK, the trade association for the wind, wave & tidal industry, has criticised a report published by the thinktank Civitas for failing to understand how wind power works as part of the UK’s electricity generation system. The study, by Ruth Lea, Director of Civitas’s Manufacturing Renewal Pro
Danish Maersk Wins USD 250 Million Worth of Contracts with Petrobras and ExxonMobil
Maersk Supply Service, a leading provider of global offshore marine services has won four major contracts worth about around USD 250 million with the major Brazilian oil company Petrobras and American oil giant ExxonMobil for operation in Australia. Brazil is a strategically important area for Maers
GTT, TGE Gas Engineering Ink Deal for LNG Storage Tanks (France)
Recently, Mr. Werner Schlott, CEO of TGE Gas Engineering GmbH, a leading Engineering company with many years involvement in Chinese projects and Mr. Philippe Berterottière, President & CEO of GTT, the world leader in LNG containment systems, signed a License Agreement for the design and construction
Louis Dreyfus in Offshore Wind Talks (France)
Louis Dreyfus Armateurs is in talks with GDF Suez and EDF Energies Nouvelles to join their offshore wind venture, reports Les Echos. Louis Dreyfus offers two types of benefits for venture members: the transportation of wind turbine parts to the assembly port and installation and maintenance of power
South Korea: HHI, DSME and SHI Consider Joint Bid for GTT
South Korea’s Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries are exploring a joint bid for Gaztransport & Technigaz (GTT) valued at $1.27 billion, Reuters reported, citing anonymous sources. GTT is a French engineering company specialized in cryogeni