VETERANS of the D-Day landings are campaigning to stop a huge offshore wind farm being built near the famous beaches. Dozens of 450ft turbines would be sited fewer than 10 miles from the place where the landings took place exactly 67 years ago tomorrow. David Churchcroft from north London, a former
VETERANS of the D-Day landings are campaigning to stop a huge offshore wind farm being built near the famous beaches. Dozens of 450ft turbines would be sited fewer than 10 miles from the place where the landings took place exactly 67 years ago tomorrow. David Churchcroft from north London, a former
A vessel with two Ukrainian sailors on board was successfully released from pirate captivity by a French warship. According to Ukrainian foreign ministry, pirates attacked MV Atlas on May 31 in the Arabian Sea. There were 20 sailors on board including two Ukrainians. When pirates boarded the ship, t
Pöyry PLC has sold the oil and gas competence line of its Energy business group to WS Atkins plc, UK. The total debt free sales price is EUR 17.25 million. Pöyry’s outlook for the full year 2011 operating profit before one-offs will not be impacted by the divestment. The transaction includes the sha
Rosslare Europort is to begin a major project which will see €1.8 million spent on investment in port facilities and dredging. By Nicola Cooke (sbpost) [mappress] Source: sbpost, June 6, 2011
At the end of the acceptance period on 1 June, the acceptance rate for the tender offer from Engine Holding GmbH – the joint venture between Daimler AG and Rolls-Royce Holding plc – comes to 58.35 percent of shares in Tognum AG. Including transactions outside of the tender offer, the bidder has acqu
Golar LNG Limited announced that World Shipholding, which is indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, has extended its TRS agreements relating to 200,000 shares in the Company. John Fredriksen is Chairman of the Board, President and Dire
Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for a consideration of NOK 17.35 billion. Following this transaction, Statoil will continue to own 5.0% in the jv. The buyer is Solveig Gas Norway AS, a holding company that is approximately 45% owned b
The dredging work in Kirkcaldy Harbour is still progressing well – without causing damage to any of the Lang Toun’s beaches. (fifetoday) [mappress] Source: fifetoday, June 6, 2011
Gazprom is preparing 25-year contracts on supply of 7.5 million tons of LNG annually to three Indian energy companies. The annual volume cov… (barentsobserver) [mappress] Source: barentsobserver, June 3, 2011;
These are conclusions of a survey by PWC among 57 chief executives of the largest users of offshore wind farms in Northern Europe… (publics) [mappress] Source: publics, June 03, 2011
Golar LNG Limited has, on 3 June 2011, notified all of the remaining shareholders in Golar LNG Energy Limited that Golar LNG exercises its right under Bermuda company law to compulsorily acquire their shares. Golar LNG offers to compensate the minority shareholders whose shares are compulsorily acqu
Stolt-Nielsen Limited is contemplating the issuance of new senior unsecured bonds with a tenor of 5 years. The amount targeted is USD 200 million to USD 300 million, split between a US Dollar tranche and a Norwegian Kroner tranche. Proceeds from the bond issue will be used for general corporate purp
Prague (Czech Republic) hosted Thursday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Petr Necas, Prime Minister of the Czech Republic as part of the 14th Annual General Meeting of the European Business Congress. The parties discussed the current issues an
