Nord Stream 2 receives permit to use Finnish Exclusive Economic Zone for building pipeline

by Timothy Reeder | Apr 6, 2018 | News

Nord Stream 2 AG today received the Finnish Government’s consent for the use of the Finnish Exclusive Economic Zone (EEZ) for the construction of the Nord Stream 2 natural gas pipeline. The permit for a 374-kilometer offshore section running through the Finnish EEZ...

Production Starts Up at Total’s Timimoun Gas Field in Algeria

by Timothy Reeder | Apr 4, 2018 | News

Total announces first gas from the Timimoun field in southwestern Algeria. The production complex with a capacity of around 5 million cubic meters of natural gas per day at plateau (around 30,000 barrels of oil equivalent per day (boe/d)), is jointly operated by...

Siemens invests in new 3D-printing facility in UK

by Timothy Reeder | Mar 23, 2018 | News

Siemens is to make a €30 million investment in a new, state-of-the-art manufacturing facility for Materials Solutions Ltd., its Additive Manufacturing, or 3D-printing specialist. The new building in Worcester, UK, set to open in September 2018, will more than double...

Gazprom signs Guiding Principles to reduce methane emissions across natural gas value chain

by Timothy Reeder | Mar 20, 2018 | News

Gazprom signed the Guiding Principles on Reducing Methane Emissions across the Natural Gas Value Chain. In November 2017, the document was inked by such companies as BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total, and Wintershall. By signing the document, Gazprom...

Statoil becomes operator of the Martin Linge field and Garantiana discovery

by Timothy Reeder | Mar 20, 2018 | News

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf. Statoil now has...

E.On partners with RWE

by Timothy Reeder | Mar 20, 2018 | News

Recently, E.ON SE and RWE AG concluded an agreement on the acquisition of RWE’s 76.8 percent stake in innogy SE via a far-reaching exchange of assets and participations. The Supervisory Board of E.ON SE approved the transaction on Sunday. Today, the Supervisory...