Dockwise Ltd Termination of Fairstar Listing
Squeeze out procedures initiated 15 November 2012, Breda, the Netherlands; Dockwise Ltd. today reminds the shareholders in Fairstar Heavy Transport N.V. (Fairstar) that squeeze out procedures have been initiated for the remaining approximately 0.4%. A writ of summons was delivered to the registrar for Fairstar. Prior to the completion of …
Final investment decision adopted for South Stream offshore section
Milan (Italy) hosted yesterday a meeting of the South Stream Transport Board of Directors. The Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipeline section. Milan, Italy Enlarge photo (JPG, 980 KB) “The South Stream …
Gazprom and Wintershall sign basic agreement on asset swap
Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the BASF Board of Executive Directors signed at the Gazprom headquarters today a basic agreement on asset swap. The legally binding document provides for major terms and conditions for the asset swap deal under the project for joint development of the Achimov deposits in the Urengoy oil, …
Elena Kim joins Integra’s Board of Directors
Integra Group (LSE: INTE) announces that Elena Kim, Integra’s Chief Financial Officer, has been elected a member of the Group’s Board of Directors effective from 13 November. She has filled the vacancy created by the resignation of Mr. Kennedy effective yesterday. The Board’s appointment of Mrs. Kim to the Board …
Romania Oil & Gas Conference: Complimentary Press Pass for Media Representatives
All international and Romanian media representatives focusing on the oil, gas and energy sectors are invited to attend the Romania Oil & Gas Conference. The event will be held on 4 – 5 December 2012 at the Radisson Blu Hotel in Bucharest, Romania. Romania Oil and Gas provides a senior-level …
Weatherford: Hydraulic Safety Clamp
Weatherford’s hydraulic safety clamp installs easierand faster than conventional (manual) safety clamps, minimizing the risk of clamp slippage and pipe surface damage. The hydraulic safety clamp is controlled by a foot- or hand-actuated pump that uses standard rig air supply at 125 psi (0.862 MPa), and it supplies a grip force of 2,260 lbf …
TNK-BP Top Managers Answer Employees’ Questions Regarding the Company’s Future Development in a Live Q&A Session
TNK-BP informs that for the first time in the history of the Company, the central office hosted a large-scaled videoconference between the top executives and employees from all the regions of the Company’s presence. TNK-BP’s internal communications system is one of the best in Russia, ensuring active feedback from the …
ТNК-ВР Invests Over $80 million into Yamal Oil Pipeline System in 2011 and 2012
ТNК-ВР is completing the front-end phase of its Yamal Oil Pipeline Project, in which the company has invested more than $80 million in 2011 and 2012. The money was used to fund conceptual design, front-end engineering and the early construction operations on the pipeline and associated infrastructure. The 374-kilometer Yamal …
BP and AAR Settle All Outstanding Disputes
BP and AAR, joint shareholders in TNK-BP, today announced that they have reached a comprehensive agreement to settle all outstanding disputes between them, including the current arbitrations brought by each against the other. The agreement includes an immediate waiver of the new opportunities provision in the TNK-BP shareholder agreement, allowing …
Liebherr Offshore Cranes Support Renowned Cygnus Project
Liebherr-Werk Nenzing GmbH, Austria has been awarded with the contract to provide four offshore cranes of the type RL 2650-25 D EX Litronic® to GDF SUEZ E&P UK for the Cygnus gas field project, situated in the southern North Sea. The Cygnus gas field is the largest to be discovered …