Maastank is investing €30 million in the expansion of its terminal in the Botlek area. By 2012, the storage capacity for vegetable oils and fats and for chemicals must have doubled to 65,000 m3. The investment sum was announced during the christening of the inland tanker Piz Palü belonging to the Fl
A second Norwegian LNG cargo has set sail for South Korea, less than a month after the first to be sent there. The 147,200m³ Arctic Princess… (argusmedia) [mappress] Source: argusmedia, November 16, 2010;
El Paso Pipeline Partners, L.P. today announced that it plans to sell 10,000,000 common units in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The partnership plans to grant the un
Premier’s 2010 Preliminary Results will be announced on Thursday 24th March 2011. A Trading and Operations Update is planned for Thursday 13th January 2011. HIGHLIGHTS * 2010 production guidance maintained at around 44 kboepd (2009: 44kboepd); we reiterate our targets of 75 kboepd in 2012 rising the
The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6305/4-2 S, cf. Section 8 of the Resource Management Regulations. Well 6305/4-2 S will be drilled from the West Navigator(photo) drilling facility at position 63°38’ 14.97” north and 5°17’ 54.15” east, after
Rem Offshore ASA has 9 modern vessels in operation. In addition the company has 5 vessels under construction. Rem Offshore ASA had operating revenues of NOK 138.9m in Q3 2010 (NOK 104.5m in Q3 2009). Operating profit before depreciation (EBITDA) in Q3 was NOK 83.7m (NOK 56.5m). Profit after tax in Q
Worldwide industrial services and engineered products company Harsco Corporation announced today that its Harsco Industrial group has received two significant new orders totaling more than $27 million, including one that marks the successful expansion of its air-cooled heat exchangers business into
Offshore wind energy could be launched in India within few years if positive results are obtained from a New and Renewable Energy ministry… (cleantechnica) [mappress] Source: cleantechnica,November 16 , 2010;
Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company, is pleased to provide a status update on its Spanish Point Project, which is located in Frontier Exploration Licence (FEL) 2/04 in the Main Porcupine Basin, offshore western Ireland. The Spanish Po
MEO Australia Limited has received regulatory approval for the transfer of Gascorp Australia Pty Ltd’s (“Gascorp”) 15% equity in exploration permit WA-361-P to MEO’s subsidiary company North West Shelf Exploration Pty Ltd. Following receipt of this approval, MEO has paid Gascorp US$1 million cash to
GE has further expanded its Oil & Gas business’ portfolio capabilities with today’s inauguration of a new $3M investment subsea equipment testing facility in Warsaw, Poland, opened in partnership with the Warsaw Institute of Aviation and Engineering Design Center. The new Warsaw Subsea Test Lab prov
Jeffrey P. Beale, President of CH·IV International, is pleased to announce that CH·IV International, in association with the Galway Group LP, will provide support to Bangladesh’s state-owned Petrobangla in acquiring firm LNG supply and design and construction of the country’s first LNG import termin
Sembcorp Marine’s subsidiary PPL Shipyard has signed a US$195 million contract to sell a jack-up rig, already under construction, to Transocean Ltd, the world’s largest drilling contractor and the leading provider of drilling management services worldwide. The jack-up rig is based on PPL Shipyard’s
The European Wind Energy Association expects the European Commission to estimate Wednesday that the EU needs to spend Eur140 billion ($192 billion) on power infrastructure in the next 10 years, EWEA press officer Peter Sennekamp said Monday. The EC said in its 2020 energy strategy unveiled on Novemb
