Spring Energy announces the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing the Beta discovery) and 20% in PL 551 to Talisman Energy Norge AS (Talisman) for an amount between USD 114,5 million to USD 129,5 million pending certain near term milestones. As part of
REpower Systems AG (WKN 617 703) is preparing to transform itself into a European Company (Societas Europaea, SE). The Executive Board and the Supervisory Board today each resolved to propose the transformation of the legal form of the company from a German stock corporation (AG) to a European Compa
REpower Systems AG (WKN 617 703) is preparing to transform itself into a European Company (Societas Europaea, SE). The Executive Board and the Supervisory Board today each resolved to propose the transformation of the legal form of the company from a German stock corporation (AG) to a European Compa
Dredging Corporation of India Limited (DCI) was established in 1976 to provide integrated dredging services to the Major Ports of the Country. DCI is a Mini Ratna Category-I Public Sector Undertaking under the administrative control of Ministry of Shipping, Government of India. The Company has been
Seychelles (SEYPEC), Fugro and Geomahakarsa have this morning signed a Cooperation Agreement for the acquisition, processing, interpretation and license of geoscientific data within the Seychelles EEZ on a multi client basis. Under this Agreement, Fugro Data Services AG, a company incorporated under
BW Offshore has settled all claims and counter-claims related to the terminated Letter of Intent for the Basker Manta Gummy (BMG) project. The settlement involves a cash payment of USD 32.5 million to BW Offshore, to be paid and booked in the third quarter of 2010. The court case is adjourned pendin
The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued
In accordance with the order of the Russian President Dmitry Medvedev and the directive of the Russian Government, the Board of Directors of Rosneft Oil Company appointed First Vice-President Eduard Khudainatov the President of the Company starting from September 6, 2010. Prior to his appointment as
Venga Aerospace Systems Inc. announced that the Liberian Ministry of Lands Mines and Energy has confirmed that the Company’s mining … [mappress] Source: streetinsider, September 8, 2010
A new custom-built cutter suction dredger destined for the Panama Canal has been launched by IHC Merwede on Monday 6 September. The 12,000kW vessel has been designed and built by IHC Beaver Dredgers at its Sliedrecht shipyard in The Netherlands for the Panama Canal Authority* (ACP – the Panama Gover
The LOI contemplates a Definitive Written Agreement to be finalized within 30 days from execution and a total due diligence period of 90 … (alphatrade) [mappress] Source: alphatrade, September 8, 2010;
GulfMark Offshore, Inc. announced that Bruce A. Streeter, the Company’s President & Chief Executive Officer, will present at the Barclays Capital CEO Energy-Power Conference in New York City on Thursday, Sept 16, 2010at 9:45 AM. The presentation and webcast will be made available in the Investor Rel
Noreco’s oil and gas production in August 2010 was 10,475 barrels of oil equivalents (boe) per day. Net realized oil price was USD 74 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area in August was 16,700 boe/day (6,000 boe/day net t
ULSTEIN is present at the SMM exhibition in Hamburg 7-10 September and the Rio Oil and Gas exhibition in Rio de Janeiro 13 – 16 September. Design & Solutions Ulstein Group offers a broad range of ship designs for demanding operations within heavy offshore, offshore support and shortsea, and with a s
