President Barack Obama today announced his request for $358.4 million to fund the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) in fiscal year 2012. This represents a $119.3 million, or 50 percent, increase above the 2010 enacted level, after adjusting for funding transferre
ProSep Inc. dedicated to providing process solutions to the oil and gas industry, announces it was awarded a $5.5 million contract to provide a gas dehydration system to a super major international oil and gas producer operating in the South China Sea. This system will be installed on an offshore fi
NaiKun Wind Energy Group Inc. (TSX-Venture: NKW) today announced its financial results for the three months ended December 31, 2010, a fiscal period during which the Company realized the full impact of its restructuring and continued to progress the new strategies it began during the last quarter of
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that Gawain-1 spudded at 03:00 hours WST (Western Standard Time) on Saturday, 12 February 2011. The 36″ surface conductor has been run and cemented in plac
The well # 57 from the platform # 11 was commissioned at Gunashli field. The daily production of the well, drilled to Girmaki Suite by SOCAR-AQŞ JV, makes 186 thousand cubic meters of gas and 25 tons of condensate from 3845-3832 meters. The State Oil Company of Azerbaijan Republic (SOCAR) is the sta
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
“KONGSBERG completed 2010 with yet another strong quarter. The Group embarks on 2011 with a high level of activity, new and strengthened market positions in more areas, and a substantial project portfolio,” says CEO Walter Qvam. “The Group is also exploring many important new market opportunities. T
Pauliina Tennilä has been appointed Director, Investor Relations at Wärtsilä Corporation as of 1 March 2011. She succeeds Joséphine Mickwitz, who has been appointed HR Director, Wärtsilä Industrial Operations. Tennilä has worked at Wärtsilä since 1998 and has held various positions in the company, a
Petroleum Geo Services (PGS) together with Spectrum have completed reprocessing 7,357km of 80’s vintage 2D seismic data offshore the south east coast of Greenland, with a significant improvement in data quality. South Eastern Greenland The seismic data is located offshore South Eastern Greenland bet
Songa Offshore SE (“Songa” or “the Company”) reports total comprehensive income for the fourth quarter of 2010 of USD 110.1 million. Operating revenue for the fourth quarter was USD 159.1 million. This includes mobilization and demobilization revenue of USD 8.6 million. Total expenses for the fourth
2011 will be a year of mixed fortunes across the various renewable energy technologies with major growth expected for some, steady progress… (businessgreen) [mappress] Source: businessgreen,February 14, 2011
Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into a binding drilling contract with British American Offshore Limited (“BAOL”), part of Rowan Companies, Inc. for the N-Class “Rowan Norway”, a harsh environment, deep water jack-up unit, designed
Noreq As, norwegian producer of maritime deck equipment and German company Fr. Fassmer GmbH & Co agrees to further develop the Torpedo Free Fall lifeboat. Noreq has, since 2008 launched the Torpedo lifeboat as the evacuation method for the future for offshore use and it is fully equipped to meet the
Roc Oil (China) Company advises that the Beibu Gulf project joint venture parties and the Joint Management Committee (which includes CNOOC Limited) have approved the Final Investment Decision (“FID”) in respect of the WZ6-12 and WZ12-8 West Oil Fields in Block 22/12, in the Beibu Gulf, South China S
