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Business & Finance

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USA: BG Group Appoints New Non-Executive Director
Business & Finance

USA: BG Group Appoints New Non-Executive Director

BG Group has today announced the appointment of Patrick W. Thomas as a Non-Executive Director with immediate effect. Commenting on the appointment, BG Group’s Chairman Sir Robert Wilson said: “We are delighted to announce this appointment. Patrick’s international industrial experience will be a valu

about 15 years ago
USA: Colfax Expands SmartSense Intelligent Pump Technology
Business & Finance

USA: Colfax Expands SmartSense Intelligent Pump Technology

Colfax Corporation , a global leader in fluid-handling solutions for critical applications, announced the expansion of its SmartSense™ intelligent pump monitoring line to include the new SmartSense Pulse. Measuring only 2.4 inches long, 1.6 inches wide and 1.3 inches deep, the Pulse easily fits near

about 15 years ago
Brazil: Petrobras Announces Start Up of the Production in the Pre-salt of Campos Basin
Business & Finance

Brazil: Petrobras Announces Start Up of the Production in the Pre-salt of Campos Basin

Petrobras announces the start up of the Extended Well Test (EWT) for the Carimbé reservoir, in the Campos Basin. Discovered last May, the reservoir is located 108 kilometers off the coast of Rio de Janeiro. This test, which is being carried out with well 6-CRT-43-RJS, marks the beginning of pre-salt

about 15 years ago
Norway: Statoil Stops Production from Kristin and Tyrihans Fields
Business & Finance

Norway: Statoil Stops Production from Kristin and Tyrihans Fields

In connection with a routine inspection of the Kristin platform(photo) in the Norwegian Sea at the end of last week, a high temperature was discovered on the outside of an exhaust duct on one of the gas turbines. The temperature was higher than considered acceptable and a decision was taken to stop

about 15 years ago
UK: Industry Elite Join Global Taskforce to Shape the Future of Shipping
Business & Finance

UK: Industry Elite Join Global Taskforce to Shape the Future of Shipping

An ambitious global taskforce charting a course to a sustainable future for the shipping industry received a major boost today with the announcement of six elite new members. The Sustainable Shipping Initiative (SSI) is joined by: Cargill, which runs a charter fleet of more than 300 vessels; South K

about 15 years ago
Norway: A/S Norske Shell Extends $253 Million Maintenance and Modification Contract with Aker Solutions
Business & Finance

Norway: A/S Norske Shell Extends $253 Million Maintenance and Modification Contract with Aker Solutions

A/S Norske Shell has decided to extend the maintenance and modification contract with Aker Solutions, exercising a 2 year option in the existing agreement for the Draugen (photo) and Ormen Lange fields. Work under the new option will last until December 2012. The contract value is estimated to be in

about 15 years ago
Greece: Energean Oil & Gas Starts New Drilling Operations at Prinos Field
Business & Finance

Greece: Energean Oil & Gas Starts New Drilling Operations at Prinos Field

Energean Oil & Gas announces the inauguration of the new drilling operations in the Prinos oil field, aiming to increase oil production to 5,000 bbls/day, in accordance with the company’s “Prinos5000” project. The project was officially inaugurated in an opening ceremony held last week in Kavala by

about 15 years ago
USA: Aker Solutions Wins Construction Contract for Pipe Mill Process Building
Business & Finance

USA: Aker Solutions Wins Construction Contract for Pipe Mill Process Building

V & M TWO, LLC, of Youngstown, Ohio has awarded Aker Construction, Inc., a subsidiary of Aker Solutions, a contract for the construction of a pipe mill process building in Ohio, US. The contract for fabrication, supply and installation of materials to erect the building commences immediately. Contra

about 15 years ago
Vestas Asia Pacific Wins Award
Business & Finance

Vestas Asia Pacific Wins Award

The Frost & Sullivan Company of the Year Award is given to the company that has created the maximum impact in its industry in terms of revenue growth, market share growth, major customer acquisitions, extensive range of products and solutions, and leadership in product innovation in the year of stud

about 15 years ago
USA: Top Offshore Industry Experts Attend CSB Hearing
Business & Finance

USA: Top Offshore Industry Experts Attend CSB Hearing

Today’s public hearing by the U.S. Chemical Safety Board concerns management of offshore drilling throughout the world. CSB has created … [mappress] Source: OHS, December 15, 2010;

about 15 years ago
Norway: Aibel Opens an Office in Harstad
Business & Finance

Norway: Aibel Opens an Office in Harstad

Aibel AS is opening an office in Harstad after the company was awarded the contract for maintenance and modification work on the Norne field. Over 20 employees have already been employed to work at this office, which opens today. ‘Our opening of an office in Harstad is a reflection of both optimism

about 15 years ago
BG Group Strikes Gas Offshore China
Business & Finance

BG Group Strikes Gas Offshore China

BG Group today announced a discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well encountered gas-bearing sands. The well, the first drilled by BG Group in China, is in the deepwater Qiongdongnan Basin in the South China Sea, approximately 130 kilometres offshore and in a

about 15 years ago
Tap Oil Announces Drilling Update on Zola-1 Exploration Well Off Western Australia
Business & Finance

Tap Oil Announces Drilling Update on Zola-1 Exploration Well Off Western Australia

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
Australia: Spudding Progress Report On The New Seaclem 1 Well In PEP 11
Business & Finance

Australia: Spudding Progress Report On The New Seaclem 1 Well In PEP 11

Bounty Oil & Gas NL (“Bounty”) announces progress report on the New Seaclem 1 well in PEP 11. The well was spudded at 00.00 hours AEDST 15 December 2010 and has drilled the 9 7/8″ pilot hole to 310.5 metres BRT. Current operations: Preparing to open hole to 36″ before running the 30″ conductor casin

about 15 years ago
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