A group of 19* of North East England’s leading energy sector companies, including TAG Energy Solutions, have invested almost £400million to help realise the region’s ambition to become a global hub for offshore renewable energy solutions. The companies have now formed Energi Coast, North East Englan
A group of 19* of North East England’s leading energy sector companies, including TAG Energy Solutions, have invested almost £400million to help realise the region’s ambition to become a global hub for offshore renewable energy solutions. The companies have now formed Energi Coast, North East Englan
More than 1,000 figures from across the oil and gas industry are expected to gather in Aberdeen to discuss future projects planned on the UK Continental Shelf (UKCS). PILOT Share Fair, sponsored by CAN, will see major companies present details of upcoming work to a host of small and medium-sized sup
The Board of Directors of Attica Group announced the delivery of the new-built Ro-Pax vessel Blue Star Delos which was built at Daewoo Shipbuilding & Marine Engineering Co., Ltd, of Korea. Blue Star Delos is the first of two vessels ordered in June 2009 and has overall length 145.50 meters, a speed
Further to recent announcement where Davie were not awarded the first contracts of the Canadian NSPS, Cecon have been assured that this does not alter the long term objectives of the new owners of the Shipyard. It is still expected that final contracts to complete the three Cecon vessels under const
Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announced the acquisition phase of its 3D seismic programme has been completed. Earlier in the year, the Company announced it had raised £43.3m net of costs to pursue its technica
The signing ceremony of the shipbuilding contract for “The World First Pure LNG Propulsion Multipurpose Vessel” was held in Shanghai on the afternoon of October 18th. Tsuji has signed the related contracts with Norlines and Rolls-royce. Norlines, with the support from the Norwegian’s Authorities dev
TNK-BP said recently that the Vietnamese Ministry of Investment and Trade has granted TNK Vietnam, the Vietnam-based subsidiary of TNK-BP Group, the investment license to operate offshore gas Block 06.1, part of the Nam Con Son Integrated Gas to Power Project. TNK-BP has acquired from BP a 35% stake
CGX Energy Inc. announced that it has closed its previously announced offering of common shares at $0.70 per share (the “Offering”). Pursuant to the Offering, CGX has issued 131,445,000 common shares (the “Common Shares”) of the Company for gross proceeds of $92,011,500 which included the full exerc
Mitsubishi Corp has bought a 10 percent interest in a petroleum gas exploration project in Liberia from Anadarko Petroleum Corp as the Japan… Reporting by Vaishnavi Bala (Reuters) [mappress] Source: Reuters, October 21, 2011;
Contractors need a robust organisation, clear roles and responsibilities, a willingness to learn and continuous improvement to help improve safety in the petroleum sector. That message emerged from a one-day seminar staged by the Petroleum Safety Authority Norway (PSA) on this subject, which include
According to initial calculations, REpower Systems SE generated revenues of EUR 626.1 million in the first half of fis-cal year 2011/12 (1 April 2011 – 30 September 2011) – compared to EUR 499.0 million in the same period of the previous year. This corresponds to an increase of more than 25 percent.
According to initial calculations, REpower Systems SE generated revenues of EUR 626.1 million in the first half of fis-cal year 2011/12 (1 April 2011 – 30 September 2011) – compared to EUR 499.0 million in the same period of the previous year. This corresponds to an increase of more than 25 percent.
The European Investment Bank (EIB) has granted a EUR 150 million loan to Wärtsilä to finance the company’s research, development and innovation activities in several European countries. Wärtsilä will invest the funds during 2011-2012 in research activities aimed at further developing the company’s e
