News
Northern European Seaports Offer Most Efficient Route for Container Transport, Says NEA
Research conducted by the independent research agency, NEA indicates that the northern seaports offer the most efficient route for container transport into a large part of the central European hinterland. Seven ports located in the North of Europe have four times the container throughput of the prin
Russia: Gazprom Pursues Integrated Approach to Cost Reduction
The Board of Directors examined information on cost reduction activity in various businesses of Gazprom Group in 2011. The Management Committee was charged to continue Gazprom’s cost reduction efforts in 2012. It was noted that Gazprom was pursuing an integrated approach to cost reduction. The appro
UK Could Use 90 pct of Renewable Energy by 2030
The UK could be primarily powered by a secure and inexhaustible supply of renewable energy by 2030 without the need for new nuclear power pl… By Damian Carrington (guardian) [mappress] Source: guardian, October 25, 2011;
Russia: Novatek Says More Partners May Join Yamal LNG
Two or three more foreign partners could join French major Total as investors in an Arctic liquefied natural gas project under development… (reuters) [mappress] Source: reuters, October 25, 2011;
Spain: Enagas’ Net Profit Up 6.2 Percent
Enagás reported net profit of €270.8Mn for the first nine months of 2011, 6.2% more than the €254.9Mn registered in the same period in 2010. EBITDA, meanwhile, totalled €654.7Mn, 11.3% higher than the year-earlier figure of €588.1Mn. This earnings growth has been driven mainly by the Company’s ongoi
UK: CEO Sets Out Priorities for Stronger BP
As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company i
TÜV SÜD to Certify Two Offshore Wind Projects for Bard (Germany)
TÜV SÜD was commissioned by the BARD Group to carry out project certification of the two offshore projects ‘Bernstein’ and ‘Citrin’. The projects are located in the North Sea within the exclusive economic zone (EEZ). Certification is a prerequisite for approval of the projects by the Federal Maritim
ESB to Build First Full Scale Ocean Energy Project (Ireland)
ESB INTERNATIONAL intends to begin building the State’s first full-scale ocean energy project off the west coast early next year… By Lorna Siggins (irishtimes) [mappress] Source: irishtimes, October 25, 2011;
UK: New CFO to Join BP
The board of BP plc today announced that Brian Gilvary will join the board and become the company’s chief financial officer (CFO) with effect from 1 January 2012. Byron Grote, the current CFO, will take up a new role as executive vice president, corporate business activities, on the same date. Dr Gr
BG Operating Profit at USD 1.9 Billion in Q3 (UK)
BG Group plc today reported its 2011 third quarter results. Third Quarter Key Points • Total operating profit up 17% year-on-year to $1.9 billion • Cash flow from operations up 59% year-on-year to $2.7 billion • Production up 1%, held back by outages at UK facilities which are now back onstream • 20
Azerbaijan: Future Looks Great for Baku International Sea Trade Port
Transport Ministry of Azerbaijan is preparing for construction of new road, which will conjoin Baku Int’l Sea Trade Port and Baku-Alat motor… (news) [mappress] Source: news, October 25, 2011
The Netherlands: Emswind and Emsstrom Working for Van Oord on AEOLUS Project
The vessels EMSWIND and EMSSTROM of the EMS Maritime Offshore GmbH are working currently in the North Sea for the charterer van Oord in the project AEOLUS. During the last weeks both vessels were involved in the erection of two wind met masts. Equipped with a fast RIB the vessels are able to transfe
Azerbaijan, Kazakhstan to Reconsider Tariffs of Merchant Shipping Agreement
Azerbaijan and Kazakhstan will reconsider tariffs within intergovernmental agreement on merchant shipping agreement. (abc.az) [mappress] Source: abc.az, October 24, 2011
New Communications Director at Statnett from 2012 (Norway)
Kristian Marstrand Pladsen has been named the new communications director of Statnett. He comes from the position as director of communications and public affairs in Energy Norway. Kristian Marstrand Pladsen has about twenty years of experience with communications work and management in Norway and a