BP announced that it has agreed to sell its oil and gas exploration, production and transportation business in Colombia to a consortium of Ecopetrol, Colombia’s national oil company (51 per cent), and Talisman of Canada (49 per cent). The two companies will pay BP a total of $1.9 billion in cash, su
Serica Energy plc today announces its financial results for the three and six months ending 30 June 2010. Highlights: Operational: •Production rates at Kambuna increased during first half of the year – average gas sales of 35 mmscfd in June and 39 mmscfd in July •Kambuna field operator has reduced i
Rhode Island continues its green trend with the leaders of the state government approving the Deepwater Wind project. Yesterday, the Public… By Ryan Drugan (examiner) [mappress] Source: examiner, August 04, 2010;
Rhode Island continues its green trend with the leaders of the state government approving the Deepwater Wind project. Yesterday, the Public… By Ryan Drugan (examiner) [mappress] Source: examiner, August 04, 2010;
Aberdeen-based oil services group OEG Offshore (OEG) has won a £400,000 ($600,000 USD) contract with offshore deepwater drilling firm Seadrill. OEG secured a deal to deliver a workshop, containers, baskets and specialist units for use on board Seadrill’s deepwater drillship West Gemini, which will b
Delaware has a new package of renewable energy laws that aims to create more wind and solar jobs. Gover Jack A. Markell last week signed the… (sustainablebusiness) [mappress] Source: sustainablebusiness, August 04, 2010;
Delmarva Power announced today that it has filed a request with the Delaware Public Service Commission to approve an amended agreement with… (delmarvanow) [mappress] Source: delmarvanow,August 04 , 2010;
Marathon Oil Corporation today reported second quarter 2010 net income of $709 million, or $1.00 per diluted share. Net income in the second quarter of 2009 was $413 million, or $0.58 per diluted share. For the second quarter of 2010, net income adjusted for special items was $792 million, or $1.11
IDC Energy Insights today announced the availability of a new perspective, IT Impacts from the BP Oil Spill . The document indicates that broad Federal and State regulatory and policy changes initiated as a result of the recent BP oil spill, will significantly increase regulatory requirements relate
Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21
Great Lakes Dredge & Dock Corporation – the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the three and six months ended June 30, 2010. Commentary Douglas B. Mackie, President and
Leading international oilfield service company Expro today announces the signing of a $100million, multi-year contract with TS Marine Asia Pacific, to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S™ subsea well intervention system. The broad tec
Favelle Favco Bhd, through its subsidiaries, has secured several orders with a combined value of about RM106.4mil for the supply of tower… [mappress] Source:Star(Malaysia), August 3, 2010
The SUNY Fredonia Technology Incubator has generated a great deal of positive energy in the Western New York business community since it… (observertoday) [mappress] Source: observertoday, August 03, 2010;
