Leading classification societies Bureau Veritas (BV) and Russian Maritime Register of Shipping (RS) have signed a three-year co-operation ag… (transportweekly) [mappress] Source: transportweekly, February 21, 2011;
Wood Group announced full year results for the year ended 31 December 2010. Financial Highlights Revenue of $5,063.1m (2009: $4,927.1m) up 3% EBITA2 of $344.8m (2009: $358.4m) down 4% Profit before tax of $254.6m (2009: $264.8m) down 4%, after an exceptional charge of $27.6m (2009: $35.8m) Strong ca
The reduction in Shell Energy Holdings Australia Limited’s (Shell’s) holding in Woodside from 34.27% to 24.27% in November 2010, will result in some changes to the Shell-nominated directors on Woodside’s Board. The number of Shell-nominated directors on Woodside’s Board will be reduced from three to
Ministerial meeting of the International Energy Forum (IEF) will be held in Riyadh Saudi Arabia on 22 February 2011 to ratify new statute. According to the report of the public relations of the NIGC, the meeting aims not only to revise current statute in order to adapt with new changes but also plan
Woodside Petroleum today reported a record $1.58 billion net annual profit. Key Points • Record reported net profit after tax of $1,575 million, up 6.9% (2009: $1,474 million). • Underlying profit after tax of $1,418 million, up 34.8% (2009: $1,052 million). • Annual sales revenue of $4,193 million
The Al Safliya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 27, 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 cubi
Questar Corp.’s board of directors approved a 9% increase in the quarterly common-stock dividend to 15.25 cents ($0.1525). The dividend, payable March 21, 2011, to shareholders of record on March 4, 2011, is a 1.25-cent ($.0125) increase from the previous quarter. This is the company’s 265th consecu
BG Norge AS has received consent to use the mobile facility West Alpha for drilling of wells 15/12-E1H and 6/3-A1H in the southern part of the North Sea. The wells (the Gaupe field) belong to production licence 292 and are located approx. 240 kilometres southwest of Stavanger, near the UK shelf bord
Sri Lanka anticipates to utilise Liquefied Natural Gas (LNG) to cater up to 31 percent or nearly one third of the country’s energy demand by… (allvoices) [mappress] Source: allvoices, February 20, 2011;
Qatargas and Shell announced that the first cargo of liquefied natural gas (LNG) from the Qatargas 4 Project (70% Qatar Petroleum, and 30% Shell) has loaded. The cargo is en route to Hazira receiving terminal in India. Qatargas, the company who pioneered the LNG Industry in Qatar, now has a producti
Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has confirmed that its operations were not affected during the recent turmoil in Egypt, with production and output levels sustained during the turbulence. Dana Gas’ operations are located in the Nile Delt
Last week at the TNO office in Delft a group of over twenty stakeholders gathered. These stakeholders represent the total value chain of the LNG industry. Represented in the project are both LNG producers, transporters, terminals, bunkerers, contractors, engine manufacturers and a variety of regiona
Yemen LNG signed on 5 February a new three year agreement with the Society for Humanitarian Solidarity (SHS) in a steadfast commitment to continue to support the efforts of the SHS and UNHCR in delivering assistance to African migrants landing in the coastal areas around Balhaf, Gulf of Aden; as wel
Crowcon’s Xgard IR infrared (IR) gas detector is now approved to the latest amendment of the Marine Equipment Directive (MED, 96/98/EC). This means the low cost detector can be used to detect flammable gases and vapour hazards on tankers, drilling ships, FPSOs, dive vessels, coastguard vessels, ferr
