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Business & Finance

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Norway: Statoil Gets PSA Constent to Carry Out Drilling Ops with West Alpha Rig
Business & Finance

Norway: Statoil Gets PSA Constent to Carry Out Drilling Ops with West Alpha Rig

Statoil Petroleum AS (Statoil) has received consent to carry out drilling and completion on the Alve field and well intervention on the Urd field with the mobile drilling facility West Alpha. The consent includes drilling and completion of well 6507/3-L-4 AH on the Alve field and well intervention i

about 15 years ago
Dryships Announces $353 million Drilling Contract for Ocean Rig Poseidon
Business & Finance

Dryships Announces $353 million Drilling Contract for Ocean Rig Poseidon

DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that its subsidiary Ocean Rig UDW Inc. has entered into a drilling contract for its 3rd drillship newbuilding Ocean Rig Poseidon. As part of this agreement,

about 15 years ago
Exploration Well in Krishna Godavari Basin Off India Disappoints Hardy Oil and Gas
Business & Finance

Exploration Well in Krishna Godavari Basin Off India Disappoints Hardy Oil and Gas

Hardy Oil and Gas plc , the oil and gas exploration and production company focused in India, today provides an update on the drilling of the KG-D9-B3 well, the second exploratory well on the Company’s D9 (KG-DWN-2001/1) exploration licence. The well was drilled to a total depth of 3,829 m MDRT by th

about 15 years ago
Norway: Eni Norge Drills Dry Well in Barents Sea
Business & Finance

Norway: Eni Norge Drills Dry Well in Barents Sea

Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p

about 15 years ago
UK: Petrofac Appoints Andy Inglis as Chief Executive of Energy Developments and Production Solutions
Business & Finance

UK: Petrofac Appoints Andy Inglis as Chief Executive of Energy Developments and Production Solutions

Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t

about 15 years ago
Spain: Su Shulin and Antonio Brufau Discuss Future Cooperation Between Repsol and Sinopec
Business & Finance

Spain: Su Shulin and Antonio Brufau Discuss Future Cooperation Between Repsol and Sinopec

Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil. At the meeting, both chairmen agreed to create working groups to analyse new business oppo

about 15 years ago
UK: Desire Petroleum Announces Directorate Change
Business & Finance

UK: Desire Petroleum Announces Directorate Change

Desire Petroleum plc the company wholly focussed on the North Falkland Basin, announces that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director. Aged 50, Eddie qualified as a Chartered Accountant with Touche Ross & Co, leaving in 1988 to join Clyde Petroleum Pl

about 15 years ago
Ghana: Kosmos Energy Names New Chairman and CEO
Business & Finance

Ghana: Kosmos Energy Names New Chairman and CEO

Kosmos Energy announced that John R. Kemp III has been named Chairman, and Brian F. Maxted has been promoted to President and Chief Executive Officer and made a member of the company’s Board of Directors. Maxted, along with four other partners, co-founded Kosmos Energy in late 2003. Most recently, M

about 15 years ago
Brazil: Petrobras Clarifies the News about Galp
Business & Finance

Brazil: Petrobras Clarifies the News about Galp

Petrobras clarifies the news published by the press regarding a potential acquisition of the stakes held by ENI S.p.A. (ENI) in Galp Energia (Galp). The Company states that it is constantly analyzing investment opportunities in Brazil and abroad that are aligned with the strategies set forth in its

about 15 years ago
Australia: Tap Oil Provides Zola-1 Well Drilling Update
Business & Finance

Australia: Tap Oil Provides Zola-1 Well Drilling Update

Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b

about 15 years ago
EU Will Exceed Renewable Energy Goal of 20 Percent by 2020
Business & Finance

EU Will Exceed Renewable Energy Goal of 20 Percent by 2020

The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta

about 15 years ago
EU Will Exceed Renewable Energy Goal of 20 Percent by 2020
Business & Finance

EU Will Exceed Renewable Energy Goal of 20 Percent by 2020

The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta

about 15 years ago
Offshore Renewables to Create 5,000 Jobs (UK)
Business & Finance

Offshore Renewables to Create 5,000 Jobs (UK)

More than 5,000 jobs could be generated from the marine renewables industry in the south-west, a new report has claimed. (lowcarboneconomy) [mappress] Source: lowcarboneconomy, January 04, 2011

about 15 years ago
South Korea: Hyundai Heavy Bags $520 million Deepwater Drillship Order for Diamond Offshore
Business & Finance

South Korea: Hyundai Heavy Bags $520 million Deepwater Drillship Order for Diamond Offshore

Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipyard, won a $520 million order to build a new ultra-deepwater drillship for Diamond Offshore Drilling Ltd., a subsidiary of Diamond Offshore Drilling Inc., one of the top-class drilling contractors of USA. on January 4. The agreement

about 15 years ago
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