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Business & Finance

East Anglia as Key Position for Low Carbon Economy (UK)
Business & Finance

East Anglia as Key Position for Low Carbon Economy (UK)

Minister Charles Hendry said that East Anglia will play a key role in the £200Billion project that will revolutionise the nation’s energy… (ecofriendnews) [mappress] Source: ecofriendnews, January 31, 2011

about 15 years ago
Maersk Oil to Buy Devon Energy’s 15% Interest in Angola Block 16
Business & Finance

Maersk Oil to Buy Devon Energy’s 15% Interest in Angola Block 16

Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has agreed to acquire a 15% interest in Block 16 in Angola from Devon Energy for an initial payment of USD 70 million and future contingent considerations. The agreement is subject to closing conditions including government approval. M

about 15 years ago
Offshore and Eastern Europe new growth drivers for wind power in Europe
Business & Finance

Offshore and Eastern Europe new growth drivers for wind power in Europe

9.3 gigawatt (GW) of new wind power capacity was installed in the EU during 2010, reaching a total of 84 GW by the end of 2010, according to figures released today by the European Wind Energy Association (EWEA) and coinciding with today’s publication by the European Commission on financing renewable

about 15 years ago
Offshore and Eastern Europe new growth drivers for wind power in Europe
Business & Finance

Offshore and Eastern Europe new growth drivers for wind power in Europe

9.3 gigawatt (GW) of new wind power capacity was installed in the EU during 2010, reaching a total of 84 GW by the end of 2010, according to figures released today by the European Wind Energy Association (EWEA) and coinciding with today’s publication by the European Commission on financing renewable

about 15 years ago
AMEC Wins $222 million 3-year Services Contract for All BG Group’s North Sea Upstream Assets
Business & Finance

AMEC Wins $222 million 3-year Services Contract for All BG Group’s North Sea Upstream Assets

AMEC,the international engineering and project management company, has been appointedby BG Group to provide engineering, procurement, construction, commissioningand project management for all of the BG Group facilities in the central NorthSea, including Armada, North Everest and Lomond platforms. Th

about 15 years ago
Roc Oil: Activities for Quarter Ended 31 December 2010 (Australia)
Business & Finance

Roc Oil: Activities for Quarter Ended 31 December 2010 (Australia)

ROC achieved an average daily production rate of 8,483 BOEPD in 2010, which was within the guidance range of between 8,000-9,000 BOEPD. This result was particularly pleasing given that 35 days of production were lost at Zhao Dong due to severe weather conditions in 1Q 2010 and that oil production fr

about 15 years ago
Fugro Robertson Awarded Seismic Contract Off Morocco by Longreach Oil & Gas
Business & Finance

Fugro Robertson Awarded Seismic Contract Off Morocco by Longreach Oil & Gas

LONGREACH OIL AND GAS LIMITED an oil & gas company focused on Morocco, announces that Fugro Robertson, one of the world’s leading geoscience and technical services company, has been awarded the contract for seismic reprocessing on the Foum Draa and Side Moussa licenses, offshore Morocco. The work wi

about 15 years ago
Technip Expands Renewables Capabilities Through UK Acquisition (UK)
Business & Finance

Technip Expands Renewables Capabilities Through UK Acquisition (UK)

Technip announced it has acquired all of the assets of Subocean Group, a UK based subsea cable-installation company, working in the Marine Renewables sector. The acquisition, which is effective today, will contribute to Technip’s strategy to develop a leading position in the renewables market in the

about 15 years ago
The Netherlands: Dockwise Bags Two HMT Contracts
Business & Finance

The Netherlands: Dockwise Bags Two HMT Contracts

Dockwise announces that it has signed a contract for USD 25 mln, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract – already included in the Q3 backlog as a [&helli

about 15 years ago
Australia: AWE’s 4 Q 2010 Production Slips 3 %
Business & Finance

Australia: AWE’s 4 Q 2010 Production Slips 3 %

Oil and gas production reached 1.53 million BOE for the quarter, a 3% decline on the previous period. Production was impacted by some operational issues at Tui, BassGas and Casino, which were all successfully resolved by the end of the period. AWE’s share of sales revenue rose by 14% to $72 million.

about 15 years ago
Falkland Islands: Director of Mineral Resources Gives December 2010 Report
Business & Finance

Falkland Islands: Director of Mineral Resources Gives December 2010 Report

At a meeting of the Mineral Resources Committee the Director of Mineral Resources gave her report. 1). Progress with Offshore Drilling Programme: Since the last report was prepared for the meeting held on 14 December, The Ocean Guardian(photo) has completed drilling well 25/10-1 (known as Dawn/Jacin

about 15 years ago
Philippine DOE Approves Shell’s Farm-in to SC 54B
Business & Finance

Philippine DOE Approves Shell’s Farm-in to SC 54B

Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 54B Joint Venture, announced that the Shell Philippines Exploration BV (‘SPEX’) farm-in to Nido and Kairiki’s interests in SC 54B was formally approved by the Philippine Department of Energy (‘DOE’) on 25 January 2011. Approval of the S

about 15 years ago
Statoil: Responsible Operation at Gullfaks field, Offshore Norway
Business & Finance

Statoil: Responsible Operation at Gullfaks field, Offshore Norway

Statoil held a follow-up meeting with the Petroleum Safety Authority Norway (PSA) in which they reviewed the status after the C06 incident at Gullfaks. “We addressed two topics in the meeting, specifically those relating to well integrity and pressure build-up in the Shetland formation,” says head o

about 15 years ago
Exxon Drills the World’s Longest Extended-Reach Well, Offshore Sakhalin, Russia
Business & Finance

Exxon Drills the World’s Longest Extended-Reach Well, Offshore Sakhalin, Russia

-Exxon Mobil Corporation announced today that its subsidiary, Exxon Neftegas Limited, has successfully drilled the world’s longest extended-reach well at the Odoptu field, offshore far east Russia. Exxon Neftegas is the operator of the Sakhalin-1 Project on behalf of an international consortium that

about 15 years ago
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