Azerbaijani companies are interested in participating in a tender to build an LNG terminal in Lithuania, the Lithuanian Speaker Irena Dyagut… (oilandgaseurasia) [mappress] Source: oilandgaseurasia, February 10, 2011;
Britain’s booming subsea industry, dominated by companies based in North-east Scotland, has witnessed a 40 per cent growth in revenues to £5… [mappress] Source: business, Feb 10, 2011;
Strong demand from British windfarms helped the world’s biggest turbine manufacturer, Vestas, raise profits by 25% over the past year and… By Terry Macalister (guardian) [mappress] Source: guardian, February 10, 2011
OAO NOVATEK today announced that independent petroleum engineers, DeGolyer and MacNaughton (D&M), have completed their comprehensive reserve appraisals of the Company’s oil and gas reserves as of 31 December 2010. The Company added approximately 1,509 million barrels of oil equivalent (boe) of prove
Following the success of the shallow-water real-time imaging sonar, Gemini 720i, Tritech has launched a deep-rated version of the popular sonar, Gemini 720id. Available now in 300m and 4000m versions, Gemini is a forward-looking sonar which utilises an array of transducers to provide a 120º field of
On 10 February 2011 OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the nine months ended 30 September 2010. Sales (net of excise tax, VAT and customs dut
Divers of the Search and Rescue Center of the Ukrainian Navy have started active preparations to support the sea trials of the Zaporizhia submarine… [mappress] Source: kyivpost, Feb 9, 2011;
The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 17, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic met
BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been recognised for its outstanding achievements in generating sustainable growth and jobs by Europe’s 500, a non-profit organisation which promotes entrepreneurship. Former German Chancellor,
Wärtsilä’s Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, who will retire. Currently Mr Rosengren works as Senior Executive Vice Presiden
Following a number of market consultations in 2010, Fluxys and federal electricity and gas regulator CREG have agreed to launch a project to introduce a new access model for the Fluxys natural gas transmission grid by the end of 2012. The new model will give grid users greater flexibility in booking
Nord Stream has won the award for European mid-stream gas project of the year at this year’s Project Finance Awards ceremony. The awards recognise innovation, deal repeatability, best practice, problem solving, risk mitigation, value for money and speed of delivery in financing. Nord Stream was sing
RBG is spending £3 million to improve its offshore diving fleet. The Aberdeen company, which provides fabric maintenance and construction support for the energy industry, is adding two 15 metre crafts and two 8.5 metre support vehicles. Each will include dedicated launch and recovery systems plus ma
The Underwater Centre has chosen the Subsea 2011 Conference and Exhibition this week to announce a new course it’s introduced to the training programme. Following direct UK diving industry feedback, the leading subsea training facility in Fort William has developed a ‘New Construction Career’ commer