News
Russia: Zvezdochka Completes Jack-Up Rig Construction for Gazflot
Severodvinsk-based Zvezdochka Shipyard has completed the construction of the jack-up drilling rig “Arkticheskaya” for LLC Gazflot, the shipb… Source: Port News [mappress] Source: Portnews, November 10, 2011
Cape Q3 Overall Revenue Up (UK)
Cape plc, the international provider of essential, non-mechanical support services to the energy and mineral resources sectors, issued the following interim management statement for the period from 1st July 2011 to date. The Group’s overall revenue growth in Q3 has been over 15% year on year driven
Well Intervention Conference: New Technology and North Sea Energy Industry (UK)
Energy experts will gather next week at the 17th SPE ICoTA European Well Intervention Conference to discuss the important role innovative technology has in the future of the North Sea. Stuart Brown, Shell’s Global Well Intervention Discipline Lead, is a keynote speaker at the event. Mr Brown has spe
Poland: PGNiG Q3 Net Drops
Poland’s gas delivery monopoly PGNiG said on Thursday its net profit fell 8 percent in the third quarter because of higher import prices and… (reuters) [mappress] Source: reuters, November 10, 2011; Image: pgnig
UK: Lancashire Cockle Bed Dredging Plan on Hold
A Furness fishing boss said he is relieved a cockle bed that was “a disaster waiting to happen” has been closed… (in-cumbria) [mappress] Source: in-cumbria, November 10, 2011;
Ukraine: Naftogaz Pays Gazprom USD 1 Billion for October Gas Imports
NAK Naftogaz Ukrainy, Ukraine’s state energy company, paid about $1 billion to OAO Gazprom, Russia’s natural-gas export monopoly, for Octobe… (bloomberg) [mappress] Source: bloomberg, November 10, 2011; Image: naftogaz
Russia: PF to Hold Solemn Launching Ceremony of Hydrographic Ship in Vladivostok
Solemn launching ceremony of Pacific Fleet (PF) hydrographic ship Valery Faleyev will be held on Nov 12 in the Maly Uliss Bay, Vladivostok. The new ship is designed for oceanographic researches for Pacific Fleet, reports Russian defense ministry’s press service. The ship’s launching will coincide wi
Astrakhan Shipyard Builds New-Generation Salvage Ship for Russian Navy
Astrakhan Ship Repair Plant (affiliate of Zvezdochka shipyard) builds Project 22870 salvage ship for Caspian Flotilla (CF) Search and Rescue Service under Russian Navy’s order. The project developer is JSC Vympel Design Bureau (Nizhny Novgorod). The project documentation was developed under contract
Astrakhan Shipyard Builds Project 22870 Salvage Ship for Russian Navy
Astrakhan Ship Repair Plant (affiliate of Zvezdochka shipyard) builds Project 22870 salvage ship for Caspian Flotilla (CF) Search and Rescue Service under Russian Navy’s order. The project developer is JSC Vympel Design Bureau (Nizhny Novgorod). The project documentation was developed under contract
Spain: Repsol Profit Up on LNG
Repsol posted net income of 1.901 billion euros in the first nine months of 2011, 6.4% higher than the 1.786 billion euros reported in the year-earlier period. The group’s operating income totalled 4.102 billion euros, 1% higher than that recorded in September 2010. The company’s encouraging results
Gazprom, Ukraine Gas Talks Continue
Kiev hosted Wednesday a working meeting between Alexey Miller, Chairman of Gazprom’s Management Committee and Viktor Yanukovich, President of Ukraine. The meeting was held as part of negotiations with Ukraine on collaboration in the gas sector. The parties were satisfied with the results of current
Spain: Barcelona Port Authority Seeks Compensation from Construction Companies
Barcelona port authority is seeking financial compensation of €97m ($134m) from three construction companies involved in the El Prat… (portstrategy) [mappress] Source: portstrategy, November 10, 2011;
Suzlon Eyes European Offshore Wind Market (Germany)
The economic headwinds currently blowing through Europe are unlikely to buffet Suzlon, India’s biggest maker of wind turbines, too… (business-standard) [mappress] Source: business-standard, November 10, 2011; Image: repower
UK: BG Issues Euro-Denominated Bonds
BG Group announced the issue of €1 billion of euro-denominated bonds (approximately $1.37 billion). The seven-year bonds are due 16 November 2018 and pay a coupon of 3%. The bonds have been issued by BG Energy Capital plc, a wholly owned subsidiary of BG Group plc, and are guaranteed by BG Energy Ho