Gazprom and Fortum discuss cooperation in power generation sector

by Timothy Reeder | Oct 5, 2017 | News

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Pekka Lundmark, President and CEO of Fortum, took place today at the Energy Efficiency and Energy Development International Forum ‘Russian Energy Week’ in Moscow....

Statoil Looks to Solar Industry For Growth

by Timothy Reeder | Oct 4, 2017 | News

Statoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will provide approximately 160.000 households with electricity. Statoil and...

Jan De Nul Group prepares for NASR 2 cable installation

by Timothy Reeder | Oct 4, 2017 | News

After having been awarded the project last December 2016 by Hyundai Heavy Industries Co. Ltd (HHI), Jan De Nul Group’s preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian...

Statoil, Shell and Total enter CO2 storage partnership

by Timothy Reeder | Oct 4, 2017 | News

The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway. In June,...

Gazprom tops S&P Global Platts Top 250 Global Energy Company Rankings

by Timothy Reeder | Sep 27, 2017 | News

The Gazprom Group is ranked first in the annual S&P Global Platts Top 250 Global Energy Company Rankings. Company rankings are calculated based on a number of financial indicators, such as asset worth, revenues, profits, and return on invested capital. The first...