Gazprom is in talks with state-run Nigerian National Petroleum (NNPC) on joint venture projects in Africa's largest oil and gas producer. "About $2.5 billion is understood to be the Gazprom investment program for Nigeria," said a company official working in Nigeria. "Ninety percent of it is for developing the domestic gas production, processing and transportation." He declined to say when a final agreement may be signed with NNPC. The two sides signed a memorandum of understanding in September. Some industry experts in Europe see Russia's keen interest in the West African country as an attempt to get a stranglehold on Europe's natural gas supplies. Gazprom temporarily cut off supplies to thousands of Europeans last month in a price dispute with Ukraine. The company will focus most of its initial investment on improving Nigeria's domestic gas industry, which has operated far below its full capacity because of a lack of funds and regulation. Top Nigerian oil officials say foreign oil companies must first help build the country's gas infrastructure before it can begin to make plans to export the natural resource.
Sunday, February 8, 2009
Gazprom to invest $2.5bn in Nigeria gas
Russian gas giant Gazprom wants to invest at least $2.5 billion in the development and production of Nigeria's natural gas reserves, a company official said.
Gazprom is in talks with state-run Nigerian National Petroleum (NNPC) on joint venture projects in Africa's largest oil and gas producer. "About $2.5 billion is understood to be the Gazprom investment program for Nigeria," said a company official working in Nigeria. "Ninety percent of it is for developing the domestic gas production, processing and transportation." He declined to say when a final agreement may be signed with NNPC. The two sides signed a memorandum of understanding in September. Some industry experts in Europe see Russia's keen interest in the West African country as an attempt to get a stranglehold on Europe's natural gas supplies. Gazprom temporarily cut off supplies to thousands of Europeans last month in a price dispute with Ukraine. The company will focus most of its initial investment on improving Nigeria's domestic gas industry, which has operated far below its full capacity because of a lack of funds and regulation. Top Nigerian oil officials say foreign oil companies must first help build the country's gas infrastructure before it can begin to make plans to export the natural resource.Read More
Gazprom is in talks with state-run Nigerian National Petroleum (NNPC) on joint venture projects in Africa's largest oil and gas producer. "About $2.5 billion is understood to be the Gazprom investment program for Nigeria," said a company official working in Nigeria. "Ninety percent of it is for developing the domestic gas production, processing and transportation." He declined to say when a final agreement may be signed with NNPC. The two sides signed a memorandum of understanding in September. Some industry experts in Europe see Russia's keen interest in the West African country as an attempt to get a stranglehold on Europe's natural gas supplies. Gazprom temporarily cut off supplies to thousands of Europeans last month in a price dispute with Ukraine. The company will focus most of its initial investment on improving Nigeria's domestic gas industry, which has operated far below its full capacity because of a lack of funds and regulation. Top Nigerian oil officials say foreign oil companies must first help build the country's gas infrastructure before it can begin to make plans to export the natural resource.
Costa Cruises Invests $28m in Fleet
Costa Cruises, a tourism group based in Italy, announced that in the space of three months five Costa ships were dry-docked to carry out scheduled maintenance.
Costa Cruises has invested around $28m in this planned maintenance work. Operations were carried out on the Costa Serena, the Costa Europa, the Costa Atlantica (in Palermo), the Costa Romantica (in Genoa) and the Costa Concordia (in Trieste) from the end of October 2008 to the end of January 2009. In particular, the Costa Serena (114,500 gross tonnage and guest capacity of 3780), the company’s flagship, was the last Costa ship to be dry-docked from 28 January to 11 February 2009 in Fincantieri’s Palermo shipyard. Two of the key improvements being made on the Costa Serena are specific shipboard energy and fuel-saving measures. One involves the installation of special air conditioning regulators, a system already in use on the Costa Fortuna. These devices are designed to increase the efficiency of the air conditioning system in public areas. The airflow adjusts automatically according to the number of people in the room and based on the outside temperature. The other operation involves the application of a special ecological silicone-based coating that inhibits the growth of microorganisms on the hull’s surface without releasing toxic substances into the sea, thereby enhancing hydrodynamic performance while reducing environmental impact thanks to the subsequent decrease in fuel consumption.
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Costa Cruises has invested around $28m in this planned maintenance work. Operations were carried out on the Costa Serena, the Costa Europa, the Costa Atlantica (in Palermo), the Costa Romantica (in Genoa) and the Costa Concordia (in Trieste) from the end of October 2008 to the end of January 2009. In particular, the Costa Serena (114,500 gross tonnage and guest capacity of 3780), the company’s flagship, was the last Costa ship to be dry-docked from 28 January to 11 February 2009 in Fincantieri’s Palermo shipyard. Two of the key improvements being made on the Costa Serena are specific shipboard energy and fuel-saving measures. One involves the installation of special air conditioning regulators, a system already in use on the Costa Fortuna. These devices are designed to increase the efficiency of the air conditioning system in public areas. The airflow adjusts automatically according to the number of people in the room and based on the outside temperature. The other operation involves the application of a special ecological silicone-based coating that inhibits the growth of microorganisms on the hull’s surface without releasing toxic substances into the sea, thereby enhancing hydrodynamic performance while reducing environmental impact thanks to the subsequent decrease in fuel consumption.
Sea-Cargo conducts upgrades and launches new service
Sea-Cargo, Norway, has launched a new twice-weekly service between Esbjerg and Amsterdam.
The company said that the service improvement was possible due to a major tonnage upgrade which included the introduction of a new 140-unit ro-ro vessel and the upgrade and lengthening of ‘Trans Carrier’, to increase the vessel’s capacity to over 100 trailers. The new large ro-ro vessel entered service on February 1, 2009.
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The company said that the service improvement was possible due to a major tonnage upgrade which included the introduction of a new 140-unit ro-ro vessel and the upgrade and lengthening of ‘Trans Carrier’, to increase the vessel’s capacity to over 100 trailers. The new large ro-ro vessel entered service on February 1, 2009.
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