Bulgarian President Georgi Parvanov has called for work on the project to supply Azerbaijani LNG from Georgia to Romania to be stepped up… (news.az) [mappress] Source: news.az , February 8, 2011;
The first tanker carrying liquefied natural gas is expected to arrive at a new $1.1 billion terminal along the Mississippi coast early this… (wapt) [mappress] Source: wapt, February 8, 2011;
Repsol has been chosen as Best European Energy Company for Leadership according to a study carried out by the International consulting firm Hay Group. This study, entitled Europe’s Best Companies for Leadership, evaluates the best companies on the continent in terms of the quality of their executive
Today, the world’s biggest submarine pipeline plough, PL3, arrived in the Baltic Sea on the deck of mother ship Far Samson. The subsea plough will be used to entrench the Nord Stream Pipeline in Swedish and Danish waters. Lowering of the pipeline below seabed level using PL3 ensures that the pipelin
CB&I will host a conference call February 22, 2011 at 4:00 p.m. CST (5:00 p.m. EST) following the release of its fourth quarter and full-year 2010 financial results. The webcast will be available at www.CBI.comInvestor Relations. About CB&I CB&I designs, engineers and constructs some of the world’s
The Board of Directors of Pöyry PLC has approved a new share-based incentive plan for the Pöyry Group key personnel. The plan includes earning periods which commence at the beginning of years 2011, 2012 and 2013. The first earning period is calendar years 2011-2013. The Board of Directors will annua
According to RNCOS new research report “Global LNG Market Analysis”, the global Liquefied Natural Gas (LNG) market has been growing at a fast pace for the past few years on the back of factors, such as government support, environmental concerns, and arrival of new technologies. In 2009, the total pr
The well is drilling ahead at a depth of 3,364 metres with continuous background gas and connection gas up to 20% by volume. Following the gas kick at 3,332 metres, the mud weight was increased to 1.35 s.g (specific gravity) and drilling resumed. A further gas kick occurred and mud weight was again
Dredging International and MEDCO, have been awarded a contract for mixed dredging and civil engineering works to construct two artificial energy islands, including their service harbours, aimed to provide Abu Dhabi with energy based on facilities for oil drilling, etc. from the previously untapped o
Over the last couple of months, a total of more than 1 billion euros projects have been added to the order book. These awards bring the total value of current commitments for Jan De Nul Group to 3.1 billion euros. New work was secured in all corners of the world, from South America and the […
Following the Board’s decision, announced in November 2010, to commission a new build vessel to service the emerging market for ultra-large transports, Dockwise has appointed Hyundai Heavy Industries (HHI) of Korea as its ship building yard. HHI is scheduled to deliver the vessel during the last qua
Norway’s Petroleum Safety Authority has given permission for the Polar Pioneer semi-submersible to be used for production drilling at BP Norge’s Skarv field.
Cove Energy has captured a share of a big new gas find announced by operator Anadarko offshore Mozambique. Cove, through its subsidiary Cove Energy Mozambique Rovuma Offshore has an 8.5% stake in the newly discovered gas find after drilling on the Tubarão prospect in the Rovuma Basin Area 1 block.
Asia-Europe container rates ended 2010 below the average level recorded in 2008, despite volumes continuing to increase.