The legal framework for the Nabucco Pipeline has been finalised with the signing – in Kayseri, Turkey – of the Project Support Agreements (PSAs) between NABUCCO Gas Pipeline International GmbH and the responsible ministries of the five transit countries (Austria, Bulgaria, Hungary, Romania and Turke
Eni signed a purchase agreement with Cassa depositi e prestiti Spa (CDP) for the sale of 89% of the existing shares, corresponding to 94% of the economic rights held in Trans Gasleitung Austria GmbH. Trans Gasleitung Austria GmbH is the company owning the transport rights for the Austrian section of
On June 10, 2011, Jens Stoltenberg, the Prime Minister of Norway, is expected to visit Gdansk in Poland to have bilateral meeting with Polish Prime Minister Donald Tusk. Norwegian Prime Minister regularly meets his colleagues in the countries that are about to take over the EU presidency, which will
The plan for development and operation of the Valemon gas and condensate field in the North Sea was approved by the Norwegian parliament yesterday, 9 June. Production start-up is planned for 2014. The Valemon field is one of Statoil’s largest development projects on the Norwegian continental shelf (
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dr. Johannes Teyssen, Chairman of the E.ON AG Management Board. The parties addressed the current state and the development prospects for the European and, in particular, the G
Santos announced its acquisition of a 75% interest in the Carnarvon Basin permits WA-323-P and WA-330-P that host Winchester, a large prospect which has a geological setting similar to the recent Zola gas discovery. The farm-in agreement with Octanex N.L was conditional on various regulatory approva
Nearly 3600 people are now working on the Queensland Curtis LNG Project and QGC-related business. At 31 March 2011, QGC’s total workforce included 1356 full-time employees, 1435 employees with major contractors, and more than 800 in several smaller contract companies. About 96% of the total are Aust
Origin Energy Limited announced the successful pricing and allocation of a €500 million hybrid issue (approximately A$680 million). Standard & Poor’s has confirmed to Origin that the hybrid will receive 100 per cent equity credit and Moody’s has confirmed to Origin that the hybrid will receive 50 pe
On 7-9 June, Volvo Trucks took part in the NGV Berlin 2011 Fair in order to present the recently launched Volvo FM MethaneDiesel. The participation in this show is also part of Volvo Trucks commitment to establish “blue corridors” in Europe. These transport corridors are designed to increase the ava
The Pilbara region of Western Australia may dream of becoming a “Little Dubai”, as reported in The Weekend Australian recently, but Broome a… (theaustralian) [mappress] Image: theaustralian June 10, 2011;
WestSide Corporation Limited and QGC have today executed a restructure of the Joint Operating Agreements (JOAs) covering their coal seam gas (CSG) exploration tenements ATP 688P and ATP 769P in Queensland’s Bowen Basin. WestSide’s Chief Executive Officer Dr Julie Beeby said the restructure offered W
BMT ARGOSS, a subsidiary of BMT Group, the international design, engineering and risk management consultancy, has announced its latest recruitment drive to further strengthen its ship response expertise and offer additional web-based information services using existing vessel performance monitoring
Leif-Arne Langøy has been elected as the new Chairman of the Board of Directors of DNV (Det Norske Veritas). Walter Qvam has been elected as the new Chairman of the DNV Council. In addition, Morten Ulstein has been elected Vice Chairman of the DNV Board. The elections took place at the Council meeti
The Rasheeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 16, 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 metr
