US warns sanctions still an option against Nord Stream 2
."When Europe is vulnerable, the United States is vulnerable and we don't want to put ourselves in that position."Gazprom is the sole shareholder in Nord Stream 2, shouldering half of the 9.5 billion euro ($10.7 billion) construction cost. Gazprom's Western partners are Germany's Uniper and Wintershall, Anglo-Dutch group Royal Dutch Shell, France's Engie and Austria's OMV.($1 = 0.8888 euros)(Reporting by Alastair Macdonald; Editing by Adrian Croft
Nord Stream 2 Gas Pipeline is 70% Financed so Far
2, which will double the capacity from the existing Nord Stream 1 pipeline from a current 55 billion cubic metres of gas a year, is owned by Gazprom, which is taking on half of the planned costs of 9.5 billion euros ($11 billion).The rest is divided between five European energy companies - Germany's Uniper and Wintershall, Anglo- Dutch group Royal Dutch Shell, France's Engie and Austria's OMV.($1 = 0.8679 euros)(Reporting by Vladimir Soldatkin; Editing by Susan Fenton
Subsea Robotics for Renewables
offered a tool which will attached to the jacket structure to perform a detailed scan of node welds. Kraken Robotics, meanwhile, developed laser imaging device, which can be deployed on an ROV, which could find locate defects before the more targeted Oceaneering tool is used.As part of the same project, Uniper and Next Geosolutions are developing subsea monopile and grout inspection technologies. Working with British Geological Survey, Uniper has offered a tool to do low frequency ultrasound inspection at the wavelength of the grout thickness. Spectra reflections from the ultrasound can be interpreted
Nord Stream 2 Dredging Starting Off German Coast
financing in the fourth quarter of 2018 or early next year.Denmark still has to rule whether the pipeline can be built near its coast, for which there is no concrete timing.Other routine permissioning processes are still under way in Sweden and Russia.Gazprom's Western partners are energy companies Uniper , Wintershall, Engie, Austria’s OMV and Anglo-Dutch group Shell.Poland's anti-monopoly office said last week it had launched proceedings against Gazprom and the five European firms financing Nord Stream 2 over a potential breach of anti-monopoly laws.Poland sees the Nord Stream 2 pipeline
DONG Energy to Exit O&G Business
EIC said it recently sold its holdings in DONG at around 275 Danish crowns, after buying into the June IPO. "We only see limited upside for the company compared with riskier assets," said EIC fund manager Andreas Schneller, adding that EIC had bought into power plant and energy trading firm Uniper during a recent power price rally. Schneller sees it as positive that DONG is selling its oil and gas business, as "there's hardly any growth in this area." Norwegian Interest DONG has stakes in 24 fields off Norway, including a 14-percent stake in Ormen Lange, a gas field
Nord Stream 2 project : Gazprom talks with BASF, ENGIE, OMV, Shell, Uniper
Zurich hosted today a number of working meetings of Alexey Miller, Chairman of the Management Committee of Gazprom, with Klaus Schaefer, Member of the Board of Management of E.ON and Chief Executive Officer of Uniper, Hans-Ulrich Engel, Member of the Board of Executive Directors of BASF, Rainer Seele, Chairman of the Executive Board of OMV, Pierre Chareyre, Executive Vice-President of ENGIE, and Maarten Wetselaar, Member of the Executive Committee of Shell. The meetings addressed issues related to the Nord Stream 2 project. On September 4, 2015, Gazprom, BASF, E.ON, ENGIE, OMV and Shell inked
February 2025
