Panoro Energy ASA signs farm-out agreement for blocks SM-1035, SM-1036 and SM-1100 in the Santos Basin offshore Brazil Panoro Energy ASA (“PEN”, OSE ticker code), the independent oil and gas company with assets in West Africa and Brazil, is pleased to announce that the Company has reached agreement
ConocoPhillips today announced preliminary 2010 organic net proved reserve additions of 920 million barrels of oil equivalent (BOE). The Exploration and Production segment’s organic reserve replacement ratio is expected to be 138 percent of 2010 production. “The year’s performance in reserve replace
UNX Energy Corp., an emerging oil and gas company with interests offshore Namibia, has signed a 3D seismic contract with Polarcus Limited . UNX plans to acquire 1,460 km2 of 3D seismic in the 90%-owned 2713 blocks in offshore Namibia. The 3D seismic program is targeted over a very large feature with
Sungwon Pipe Co. Ltd., Korea’s leading provider of stainless steel pipes, announced several newly signed development contracts for 2011, spanning various industries and sectors across domestic and international markets. Domestically, Samsung C&T Corporation has announced two projects which will requ
The European supergrid plan will explore linking up green energy projects in the North, Baltic and Irish Seas and enable Europe to meet its… (utilitiesnetwork) [mappress] Source: utilitiesnetwork, January 25, 2011
The infrastructural works in the port would be completed before February 20, he told reporters here after attending a review meeting of the… (newkerala) [mappress] Source: newkerala, January 25, 2011;
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-8 S, cf. Section 8 of the Resource Management Regulations. Well 30/11-8 S will be drilled from the drilling facility Ocean Vanguard in position 60°13’3.03” north and 2°29’22.20” east. The drilling p
This is the most recent information update in the IADC series of concise, easy-to-read “management summaries”, which give overviews of essential information on specific dredging and maritime construction subjects. Facts About Building with Nature introduces a new approach to planning, designing and
New wind installations for 2010 came in at about one-half of the capacity added in the previous year. This surprised no one, as the industry… By Bill Opalka (renewablesbiz) [mappress] Source: renewablesbiz, January 25, 2011
New wind installations for 2010 came in at about one-half of the capacity added in the previous year. This surprised no one, as the industry… By Bill Opalka (renewablesbiz) [mappress] Source: renewablesbiz, January 25, 2011
Petrobras’ average oil production in Brazil, in December, reached a record volume of 2,121,584 barrels/day, surpassing the previous record, of 2,032,260 bpd, set in April 2010, by 89,000 barrels. This volume was 6.8% higher than in the same period of 2009, and 4.5% more than last November. Last mont
Around 300 new jobs could be created in the construction phase of the new €200 million Galway Port, with a further 300 jobs when the … (galwaynews) [mappress] Source: galwaynews, January 25, 2011;
Helix Energy Solutions Group, Inc. announced today that Bart Heijermans has resigned as Executive Vice President and Chief Operating Officer effective January 21, 2011. Mr. Heijermans’ duties will be assumed by Owen Kratz and other members of senior management. Owen Kratz, Helix’s President and Chie
Baker Hughes Incorporated today announced net income attributable to Baker Hughes for the fourth quarter 2010 of $335 million or $0.77 per diluted share compared to $84 million or $0.27 per diluted share for the fourth quarter 2009 and $255 million or $0.59 per diluted share for the third quarter 20
