With oil reserves equivalent to over 30 billion barrels, Nigeria is OPEC’s fourth biggest oil producer. A fraction of those reserves is now to be extracted in the middle of the Atlantic Ocean, 100 kilometers away from Nigeria’s coastline. Unusually, the oil field has no pipeline. Instead, a ship wil
Port of Çandarh project, designated to rank among World’s top 10 largest terminals, expected to admit first vessel in 2013. Turkey’s largest port project is planned as a build-operate-transfer business model, and ambitiously set out to become one of the 10 largest ports globally. With a hefty budget
It is well known that oil reserves are depleting. The need for alternative energy sources is becoming increasingly important in order… (mobilemainenews) [mappress] Source: mobilemainenews, May 02, 2011;
Chevron says plans to expand its $43 billion Gorgon gas project may stymie employment and revenue in WA if the operation is not kept on Barr… (perthnow) [mappress] Source: perthnow, May 2, 2011;
A Visayan lawmaker has pushed for an increase in the authorized capital of the Philippine Ports Authority (PPA) from P5 billion to P50 billi… By CHARISSA M. LUCI (mb) [mappress] Source: mb, May 2, 2011;
Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has completed a benchmark upstream joint-venture development agreement with Northwest Natural Gas Company, a Portland, Oregon-based natural gas distributor. The Public Utility Commission of Oregon recently approved the agreement that w
Aiming to further improve its safety performance, the Australian oil and gas industry has begun its third annual Stand Together for Safety event. Teams will stop work for two hours on a designated day in May to have a structured discussion about how safety can be improved in their workplace. The eve
Arab Shipbuilding and Repair Yard (Asry) said the company’s ship repair sales reached $40.154 million during the first three months of … (TradearAbia) [mappress] Source: TradearAbia, May 2, 2011.
The Port of Wilmington is looking for a private company to develop and operate an expansion of the port, including a berth on the Delaware R… More info: delawareonline [mappress] Source: delawareonline, May 2, 2011;
Two new non-Executive Directors have been appointed to the Board of SSE (Scottish and Southern Energy plc). Jeremy Beeton and Katie Bickerstaffe will join the Board on 1 July 2011. Jeremy is Director General of the UK Government Olympic Executive, the body overseeing the London 2012 Olympic Games. H
Two new non-Executive Directors have been appointed to the Board of SSE (Scottish and Southern Energy plc). Jeremy Beeton and Katie Bickerstaffe will join the Board on 1 July 2011. Jeremy is Director General of the UK Government Olympic Executive, the body overseeing the London 2012 Olympic Games. H
A team of Scottish engineers have developed a revolutionary marine turbine which, they claim, will produce the world’s first domestically affordable electricity from tidal energy in the next 12 months. Glasgow-based Nautricity, a Strathclyde University spin-out company, is to begin pre-commercial te
The Thane collectorate on Saturday intensified its drive against the sand mafia and destroyed six barges and 19 suction pumps used by the ca… By Nitin Yeshwantrao (timesofindia) [mappress] Source: timesofindia, May 2, 2011;
Statoil has submitted a plan for development and operation (PDO) for the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy. Total investments are estimated at NOK 5.4 billion in current NOK. The Katla discovery was proven in March 2009, and is situated 13 kilometres
