Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 stre
Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit
Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer 3D seismi
EnCore Oil plc to provides an update on the Cladhan appraisal well 210/30a-4 located in UK North Sea Block 210/30a. The appraisal well was drilled as a deviated well to a Total Measured Depth of 12,252 feet and encountered oil bearing Upper Jurassic sandstones in two separate reservoir intervals. No
Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, and Qtel, one of the region’s leading telecommunications companies, announced the landing of the GBI cable in Qatar, which will connect to the new purpose-built Qtel landing station. This is second of
Applanix announced the release of POS MV™ V5 (Position and Orientation System for Marine Vessels), the next generation of its industry leading georeferencing and motion compensation system for hydrographic surveying. The system is available in three performance levels—POS MV WaveMaster, POS MV 320 a
The C-NLOPB is responding to a report from Husky Energy of a release of approximately 4000 litres of synthetic-based mud (SBM) onto the deck of the GSF Grand Banks platform on April 8. Operations were suspended when the incident occurred and clean-up response was initiated. It currently appears that
Research and Markets has announced the addition of the “Global Market for Wind Power” report to their offering. With countries around the world trying to cut down on their dependence on fossil fuels, renewable energy sources are finding a market worldwide. Be it solar power or wind power, the last c
Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit
Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a
Tidewater Inc. recently announced the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011. Mr. Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School Ge
Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a
Statkraft has signed a new Power Purchase Agreement (PPA) with DONG Naturgas A/S worth around £160m. (ecofriendnews) [mappress] Source: ecofriendnews, April 12, 2011
Statkraft has signed a new Power Purchase Agreement (PPA) with DONG Naturgas A/S worth around £160m. (ecofriendnews) [mappress] Source: ecofriendnews, April 12, 2011