The Chairman of Clough Limited, Mr Keith Spence, announced today that Chief Executive Officer, Mr John Smith, has advised the Board that he will be retiring from Clough around the fourth anniversary of his tenure, in August 2011. Clough has commenced an internal and external search for the company’s
The mayors of the three Lambton County municipalities bordering Lake Huron are cool to the idea of erecting offshore wind turbines. Mike Bradley of Sarnia, Lonny Napper of Plympton-Wyoming and Bill Weber of Lambton Shores responded with caution to a recent Conference Board of Canada report on offsho
Cove Energy plc , the East African oil and gas exploration company, announces that the Belford Dolphin drillship has arrived on location at the Tubarao well site. This follows cessation of operations on the Lagosta gas discovery which has been suspended to allow for future flow testing. As announced
The Chairman of Clough Limited, Mr Keith Spence(Top row; 1st right to left), announced today that Chief Executive Officer, Mr John Smith, has advised the Board that he will be retiring from Clough around the fourth anniversary of his tenure, in August 2011. Clough has commenced an internal and exter
Total performance of EUR 1.25 – 1.35 billion EBIT margin of 5% – 7% Cost-cutting measures to increase competitiveness The Executive Board of REpower Systems AG (WKN 617703) has revised its outlook for the current financial year. The company now expects total performance between EUR 1.25 billion and
Xcite Energy Limited announces that the flow test of the 9/3b-6z horizontal well on the Bentley field has been successfully completed. The flow rates achieved demonstrate both the commerciality of the Bentley field and the reservoir properties to be above the upper end of modelled expectations. Key
Cove Energy plc, the East African oil and gas exploration company, announces that the Belford Dolphin drillship has arrived on location at the Tubarao well site. This follows cessation of operations on the Lagosta gas discovery which has been suspended to allow for future flow testing. As announced
Scientists from the BioDiversity Research Institute in Gorham have documented what they say is a significant migratory pathway for several species of falcons and northern saw-whet owls. The new study could have a bearing on where and how off-shore wind projects are sited in the future. Every spring
Vantage Drilling Company announced that its customer for the Sapphire Driller has advised Vantage that it believes the current political disruptions in Côte d’Ivoire constitute a force majeure event under the drilling contract. The Sapphire Driller has just completed its work offshore Gabon and was
Mobilization has begun for a beach restoration project along portions of the Delaware coast that were severely damaged by storms last fall… BY NICK ROTH (delmarvanow) [mappress] Source: delmarvanow, December 22, 2010;
Scotland continues promoting its very aggressive pro-wind position as a way of driving increased energy security, a green economy and mitigating climate change. The latest development occurred last week when First Minister Alex Salmond and more than 30 senior energy industry leaders met in Aberdeen
Scotland continues promoting its very aggressive pro-wind position as a way of driving increased energy security, a green economy and mitigating climate change. The latest development occurred last week when First Minister Alex Salmond and more than 30 senior energy industry leaders met in Aberdeen
STX Finland Oy and Viking Line ABP have signed an agreement for the construction of an environmentally friendly, new generation cruise ferry for Viking Line. The agreement includes an option for a sister ship. The contract price is about 240 million euros. The ship will be built at Turku shipyard an
Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth about US$180 million from Jasper Investments Limited (Jasper), with an option for another similar unit. The rig is slated for delivery in 2H 2012. If exercised, the option for the additional rig will bring th
