Today, in Sofia, the contract for the Front End Engineering Design (FEED) and Environmental Impact Assessment (EIA) was signed between “ICGB AD” and the Consortium Penspen Ltd. – C&M Engineering S.A. The Consortium was awarded the contract as a conclusion of an international tender issued in January
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. today reported its results for the quarter ended June 30, 2011. During the second quarter of 2011, the Partnership generated distributable cash flow of $37.6 million, compared to $36.0 million in the same quarter of the previous year. Th
Petrobras’ Gas & Energy director, Graça Foster, detailed the $13.2 billion in investments foreseen for Gas and Energy for the period ranging from 2011 to 2015 this Tuesday (08/09). Of this amount, she stated that $12.9 billion will be invested in Brazil. Graça emphasized her area aims to obtain the
Slovenia says it is “deeply dissatisfied” with Italy’s plans to approve an offshore gas terminal and undersea pipeline it considers an envir… (upi) [mappress] Source: upi, August 11, 2011;
Murmansk hosted Wednesday a working meeting between Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee and Dmitry Dmitrienko, Governor of the Murmansk Oblast. The parties discussed the prospects for developing the regional shipbuilding sector placing an emphasis on a possible r
For the first time EGL has delivered an LNG (liquefied-natural-gas) cargo to Greece. The cargo was unloaded recently in two discharges at Greece’s LNG terminal, located on the island of Revithoussa, west of Athens. EGL’s first LNG delivery to the Greek natural gas market is a further step in expandi
GDF SUEZ and Industrial and Commercial Bank of China Limited (ICBC) have signed a Memorandum of Understanding (MoU) for Financing Cooperation on a non-exclusive basis. This MoU aims at supporting GDF SUEZ in the financing of its projects throughout the world, in particular in Asia Pacific and in Chi
The Liquefied Natural Gas (LNG) import project is likely to face a big setback, as the Port Qasim Authority (PQA) has reportedly deviated fr… (brecorder) [mappress] Source: brecorder, August 11, 2011;
Woodside Petroleum chief executive Peter Coleman says the group remains on track to make a final investment decision on its $30 billion Brow… (thewest) [mappress] Source: thewest, August 11, 2011;
The service, Hamworthy Academy, includes a range of courses which are designed to provide training for the company’s equipment and comprise e-based learning packages backed up by a significant investment in hands-on facilities. Hands-on training is currently available from Hamworthy’s Norway-based f
InterOil Corporation announced financial and operating results for the second quarter ended June 30, 2011. Second Quarter 2011 Highlights and Recent Developments • On April 11, 2011, InterOil together with Pacific LNG Operations Ltd. (PacLNG) entered into framework agreements with Samsung Heavy Indu
Exxon Mobil Corporation and Nippon Steel Corporation announced that ExxonMobil has granted Nippon Steel the world’s first license for patented field welding technology used to construct high-pressure pipelines made with X120 ultra high-strength steel linepipe. ExxonMobil pursued a comprehensive X120
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for quarter ended 30th June 2011, with a Net Profit after tax of AED 124 million ($33.7 million), a 276% increase compared to the second quarter of 2010. Results for 3 Months end
Singapore’s LNG purchases – currently restricted to just designated buyer BG Group – is set to be liberalised come 2013, some 10 years earli… (businesstimes) [mappress] Source: businesstimes, August 10, 2011;