Ithaca Energy Inc. announces today that the Sedco 704 semi submersible drilling unit has commenced the drilling of the final production well for the development of the Athena field (“Athena”). Well 14/18b-A2 (“the well”) is being drilled from the Athena drill centre and is the final well to be drill
Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with
Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS, an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seaweed. Found
Wärtsilä will supply the world’s largest gas engines for a new Turkish power plant with a combined output of 135 MW. When the project is completed, Wärtsilä’s generating capacity in Turkey will exceed 3 GW. Approximately 85 per cent of these plants will be running on natural gas. Wärtsilä, a leading
Following an oil leak into the sea on Wednesday near the Rolf platform, Maersk Oil can report that based on observations from its boat and a helicopter flight this morning, that the leak has been stopped. A vessel carrying floating boom barriers is arriving to the location this morning and a second
Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on
OAO NOVATEK announced the selection of TOTAL S.A. as the Company’s strategic partner for the development of the Yamal LNG Project. NOVATEK and TOTAL have signed a Memorandum of Cooperation which provides for TOTAL to acquire a 20% participation interest in the Project. The Memorandum stipulates that
JC Carter, the leading designer and manufacturer of cryogenic submerged motor pumps (SMP), announced the delivery of eight third generation, high-efficiency liquid natural gas (LNG) pumps from its workshops in Costa Mesa, Calif. to the Sines, Portugal LNG terminal expansion. The Sines LNG terminal i
The EPIC project with Statoil, an internationally renowned energy company, is worth approximately US$41 million and will involve EMAS AMC supplying and installing 55km of power cables along with associated terminations and ancillaries for the Gudrun field in the North Sea. State-of-the-art multipurp
Statoil and ExxonMobil have agreed to explore three Faroese offshore licenses jointly. ExxonMobil Exploration & Production Faroe Islands Limited will acquire 50% interest in Licenses 009 and 011 and 49% interest in License 006, where Atlantic Petroleum is a minority owner with 1% interest. Statoil F
GAZ-SYSTEM S.A. signed an agreement with Bureau Veritas Polska Sp. z o.o. concerning the collection of pipes and valves for the construction of strategic gas pipelines. The Contractor was selected under public procurement proceedings. The agreement was concluded for a term of 48 months and its value
The Trans Adriatic Pipeline AG and Plinacro Ltd., a natural gas transmission system operator in Croatia, today announced the signing of a Memorandum of Understanding and Cooperation (MOUC) aimed at encouraging the development of natural gas markets in South East Europe (SEE). The three-year agreemen
Nexans, worldwide expert in the cable industry, has been awarded a contract by DONG Energy, based in Fredericia, Denmark, to supply the submarine cables and related accessories for the Anholt Offshore Wind Farm. The order, worth around 30 million euros, also includes the installation and commissioni
From the summer of 2011, most transport from the Skangass LNG plant (image) in the municipality of Sola in Norway will be done by ship. Nordic LNG AS has entered into an agreement with the Dutch shipping company Anthony Veder for the transport of LNG by ship. “We now have secured both a short-term [
