The Glava glass wool manufacturer in Askim has entered into a contract with Nordic LNG for annual deliveries of approximately 3,000 tonnes of refrigerated natural gas, which will be used in the large furnaces where among other things recycled glass is melted into raw material for glass wool producti
Vantage Drilling Company (“Vantage”) reports a net loss of $5.8 million or ($.02 per share), excluding $3.8 million ($.01 per share) of charges associated with the acquisition of the Platinum Explorer (photo) and $24.0 million ($.09 per share) of charges associated with refinancing of debt. Includin
Wilhelmsen Ships Service is highlighting the need for the international shipping industry to evaluate new propulsion fuels, driven by new regulations and emission controlled areas, amongst which LNG may be a viable addition. The company used its annual Bunker Oil and Energy seminar, held two weeks a
GE Oil & Gas’ Drilling & Production business has received two contracts totaling more than $120m from Daewoo Shipbuilding & Marine Engineering Co., Ltd of South Korea, engaged in building ships and offshore structures.
Noreco has received a green light for drilling a well in the North Sea. West Alpha will drill well 17/6-1 for operator Noreco.
Along the Mediterranean coast of France, in the city of Montpellier, prosecutors are quietly putting on trial an ancient French tradition – the fishing and trading of the majestic Eastern Atlantic bluefin tuna, a sushi delicacy sold in restaurants from New York to Tokyo. The still-secret proceedings
London-listed PetroNeft Resources has reported a new oil find in the Former Soviet Union within its arbuzovskaya in Licence 61 area. PetroNeft said the Arbuzovskaya 1 well, drilled 10 km (6.25 miles) west of the Lineynoy oil field kicked off on 10 October and intersected an Upper Jurassic J1 oil res
The keel of the first of two ro-ro vessels ordered by the Finnish shipping company Bore from Flensburger Schiffbau-Gesellschaft in Germany was laid on November 8, 2011. The owner is most pleased with the performance of the shipyard and delivery for newbuilding 744 is scheduled to April 29, 2011.
VAALCO Energy, Inc. reported net income attributable to VAALCO of $12.5 million or $0.22 per diluted share for the third quarter of 2010 compared to net income attributable to VAALCO of $4.2 million or $0.07 per diluted share for the comparable period in 2009. Third quarter 2010 revenues were $32.6
An EU Navy Force (EU NavFor) ship fought off an attack by pirates using a captured merchant vessel – the first time such an attack has occurred. On Saturday, the warship ESPS Infanta Christina was attacked off the east coast of Somali by the Izumi, which had been captured by pirates on 10 October.
Mammoet Benelux, with headquarters in Schiedam (the Netherlands), recently acquired an 8 ha undeveloped harbor site on the Axel Plain (Axelse Vlakte) at Autrichehaven in Westdorpe, near Terneuzen. In the coming year Mammoet intends to develop a third Multi-Purpose Terminal for Mammoet in the Netherl
Arrow Energy has advised Government authorities and landholders this afternoon that its monitoring tests have detected minute traces of benzene in three of 60 fluid samples taken in the northern Bowen Basin, in Central Queensland. These preliminary results relate to two wells in the area of Arrow’s
Reference is made to the notice published by Polarcus Limited on 26 July 2010 regarding the receipt of a Letter of Intent from Gassnova SF for a second Carbon Capture and Storage (CCS) 3D comprising 323 square kilometers offshore Norway (the “Troll Kystnær 3D”), and the subsequent delay of this proj
Security forces sought Tuesday to free seven foreign hostages after an oil rig and support vessel were attacked off Nigeria, as the … Source: Yahoo! News [mappress] Source: News.Yahoo, November 9, 2010;