Category Archives: Energy, Gas & Oil

Energy, Gas & Oil Press Releases & News distributed via EuropaWire

PwC announces the appointment of Niloufar Molavi as its new global energy (oil and gas) leader

Niloufar to lead 6,000-strong global team of energy specialists operating worldwide A key driver of PwC US’s diversity programme, Niloufar now leads a team that includes six female energy leaders across PwC network Implications of energy transformation will be profound … Read the full press release

Dr. Norbert Menke succeeds Holger Hanson as First Vice-Chairman of the Supervisory Board of VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG)

Dr. Norbert Menke succeeds Holger Hanson LEIPZIG, 21-Jun-2016 — /EuropaWire/ — At today’s (June 16, 2016) meeting of the Supervisory Board of VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG), Dr. Norbert Menke, Speaker of the Management Board of Leipziger Stadtholding, was … Read the full press release

Amprion plant im laufenden Geschäftsjahr knapp 550 Mio. Euro in die Erweiterung und Erneuerung seines Netzes zu investieren

Um den Netzausbau zu beschleunigen, erhöht Amprion planmäßig die Investitionen und setzt auf Technik, Transparenz der Planungen sowie Teilhabe der Bürger. Im vergangenen Jahr informierte Amprion bei mehr als 500 Veranstaltungen über geplante Leitungs- und Anlagenprojekte. Mit 474 Mio. Euro … Read the full press release

Sovcomflot and Gazprom Neft sign MoU for the supply of marine lubricants

Saint Petersburg, Russia, 20-Jun-2016 — /EuropaWire/ — As part of the Saint Petersburg International Economic Forum, Sovcomflot and Gazprom Neft have entered into a Memorandum of Understanding (MOU) for the supply of marine lubricants. The MOU document was signed by Sergey … Read the full press release

PAO Sovcomflot (SCF Group) and VTB Bank sign USD 260 million 13-year loan agreement to finance Arctic LNG tanker for the Yamal LNG project

Saint Petersburg, Russia, 20-Jun-2016 — /EuropaWire/ — On 17 June 2016, as part of the 20th International Economic Forum in Saint Petersburg, PAO Sovcomflot (“SCF Group”) and VTB Bank signed a USD 260 million 13-year loan agreement. The signatories were Sergey … Read the full press release

LOTOS Oil products meet the quality assurance criteria and standards required for the armed forces of NATO member countries

Gdańsk, Poland, 17-Jun-2016 — /EuropaWire/ — For nearly twenty years, LOTOS Oil has supplied lubricants to Polish armed forces of various kinds. It has been ten years since the quality management system in place at LOTOS Oil successfully underwent the AQAP … Read the full press release

Ukrainian oil products fell in price against the background of global trends – Ukrainian Energy Exchange

KYIV, 15-Jun-2016 — /EuropaWire/ — On Tuesday, June 14, 2016 on the electronic trading platform of CE “Ukrainian Energy Exchange” were held spot trading of petroleum products produced by PJSC “UkrGasVydobuvannya” on the domestic market № UGV-22. 8 485 tons … Read the full press release

Maintpartner Sweden to deliver floodgates for the hydropower plant in Hyltebruk, Sweden

Espoo, Finland, 14-Jun-2016 — /EuropaWire/ — Maintpartner Sweden has signed a major agreement with Statkraft concerning delivery of floodgates. The floodgates will be installed in the hydropower plant in Hyltebruk, Sweden, during the years 2017 and 2018. – It is a … Read the full press release

Hyundai Mipo Dockyard (HMD) design for 6,600 m3 LNG bunker vessel received Approval in Principle (AiP) from Lloyd’s Register (LR)

HMD design for 6,600 cubic metre (m3) vessel based on Zeebrugge LNG terminal requirements has received approval in principle (AiP)  through LR’s Busan Technical Support Office New design is a vital next step in supporting capability for a global marine … Read the full press release

Höegh LNG discloses issuance of shares to its Directors as part remuneration

OSLO, 13-Jun-2016 — /EuropaWire/ — Reference is made to the stock exchange notice dated 26 May 2016 and the Annual General Meeting of Höegh LNG Holdings Ltd. (the “Company) held 26 May 2016 and a subsequent Board Meeting approving the issuance … Read the full press release

Expro awarded RoSPA President’s Award 2016 for its commitment to the highest standards of health and safety management

Reading, Englan, 10-Jun-2016 — /EuropaWire/ — Leading international oilfield services company, Expro, has been awarded the President’s Award following 12 consecutive Gold Awards in the RoSPA (Royal Society for the Prevention of Accidents) Occupational Health and Safety Awards 2016. This is … Read the full press release

International oilfield services company Expro FY 2016: revenue of $909.1m and adjusted operating profit of $223.5m

Revenue was $909.1m, down 30% on the prior fiscal year (2015: $1,307.1m) Adjusted EBITDA(2) down 32% to $223.5m (2015: $326.7m) Adjusted EBITDA margin remained stable year on year, at 24.6% (2015: 25%) Expro outperformed most major peers in terms of … Read the full press release

PKN ORLEN completes EUR 750m Eurobonds issue

Płock, Poland, 09-Jun-2016 — /EuropaWire/ — PKN ORLEN has completed the EUR 750m Eurobonds issue. The Company’s debt securities with an annual coupon of 2.5% have been ranked high by Fitch Ratings (BBB-) and by Moody’s Investors (Baa3). The issue of … Read the full press release

ORLEN Group’s Unipetrol begins construction of new polyethylene unit (PE3) in its Czech production facility in Litvínov

Litvínov, Czech Republic, 09-Jun-2016 — /EuropaWire/ — Today (07-06-2016), Unipetrol, a strategic subsidiary of the ORLEN Group, has officially launched the construction of a new polyethylene unit (PE3) in its Czech production facility in Litvínov. The cornerstone laying ceremony was attended by … Read the full press release

ENGIE rewards employees who develop innovations and contribute to the transformation of the Group

PARIS, 09-Jun-2016 — /EuropaWire/ — As part of the ENGIE Innovation Week, the Group Innovation Trophies were awarded on June, 7th. This annual competition rewards employees who develop innovations and contribute to the transformation of the Group. This 2016 edition recorded … Read the full press release

Sébastien Arbola succeeds Guy Richelle as CEO of ENGIE Middle East, South & Central Asia and Turkey (MESCAT) Business Unit (BU)

PARIS, 08-Jun-2016 — /EuropaWire/ — Sébastien Arbola is appointed CEO of ENGIE Middle East, South & Central Asia and Turkey (MESCAT) Business Unit (BU), effective in September 2016, taking over from Guy Richelle, who assumed these responsibilities on an interim basis, … Read the full press release

Energise Barnsley’ solar bond expected to yield annual returns of 5 percent

Five-year investment in Energise Barnsley expected to yield annual returns of 5 percent Solar bond offer will raise £1.2m to fund up to 2 Megawatts of rooftop solar panels across council-owned buildings Energise Barnsley is the largest joint local authority … Read the full press release

DNV GL develops new SaaS version of the QHSE solution Synergi Life

OSLO, 07-Jun-2016 — /EuropaWire/ — Small and medium sized businesses in unconventional oil and gas face HSE challenges that can negatively affect operational risk. DNV GL has developed a new SaaS (software-as-a-service) version of the QHSE solution Synergi Life, based on … Read the full press release

DNV GL’s Regional Manager for Oil & Gas in Norway Kjell Eriksson on the MSA with Statoil

The contract includes a broad scope of studies on topics such as safety, platform technology, structural reanalysis and pipeline technology. In addition it offers hull and structural inspection services, the competent control of complex lifting equipment and software, maintenance and … Read the full press release

DNV GL to serve as accreditor of performance for $2.4 million SunShot SHINES project funded by the U.S. Department of Energy at Hawaiian Electric Company

DNV GL chosen for fourth time to validate distributed energy project for U.S. Department of Energy. OSLO, 07-Jun-2016 — /EuropaWire/ — DNV GL, the world’s largest resource of independent energy experts and certification, will serve as accreditor of performance for a … Read the full press release