Search results for: devon

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  • 14 April 2010
    Business & Finance

    Gulf of Mexico Apache Corp. said Monday it plans to buy Devon Energy Corp.’ s shallow-water oil and gas assets on the U.S. Gulf of Mexico Shelf for $1.05 billion US to extend its reach in that area. The deal with Apache would net Devon about $840 million after taxes, bringing the company to the […]

  • 18 August 2006

    Devon Energy Corp. (DVN) said Thursday it will drill three new exploration wells in Brazil starting in October and is betting on new oil discoveries in the South American country. The main purpose for drilling the new wells is to gain further knowledge about the limits of Devon’s Polvo field in the BM-C-8 block of […]

  • 12 September 2013
    Authorities & Government

    North Devon Council’s Planning Committee yesterday voted 10:3 against the development of the Atlantic Array offshore wind farm. Torridge District Council and Devon County Council made no objections to the project at yesterday’s meetings. However, North Devon’s councilors declined the project saying that it is not economically viable to the area, the BBC informs. The […]

  • 9 March 2017
    Business & Finance

    A £2.5 million action plan to provide greater flood protection to more than 300 homes has been agreed by Devon County Council’s Cabinet. Councillors yesterday approved the County Council’s Flood Risk Management Action Plan to target flood improvements in priority areas across Devon, the council said in its latest release. Councillor Stuart Hughes, Devon County Council […]

  • 9 November 2016
    Business & Finance

    A £540,000 flood improvement scheme for Braunton in North Devon will be put before Devon County Council’s Cabinet on Wednesday, November 9. Braunton is one of the County Council’s highest priorities for reducing the risk of flooding. The main aim of the scheme will be to reduce the risk of flooding to properties in Caen […]

  • 9 August 2010
    Business & Finance

    A transaction worth US$2 billion on the sale of Devon Energy company’s share in the Azerbaijani oil and gas project “Azeri-Chirag-Guneshli” will be concluded with British BP on August 16, Devon’s representatives said at the presentation of the report for the second quarter of 2010. According to the company’s representatives, last week they received the […]

  • 26 August 2018
    Business & Finance, Project & Tenders

    Exmouth residents will have a chance to learn more about the benefits of the Environment Agency’s £12 million tidal defense scheme at a drop-in event next week. The event is being held on Wednesday, 5 September, at Ocean on Queens Drive, EX8 2AY between 11am and 8pm. Rob Butler, project manager for the Environment Agency, […]

  • 11 May 2011
    Business & Finance

      BP today announced it has received final approval to complete the purchase of ten exploration and production blocks in Brazil from Devon Energy. The regulatory approvals from the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) were the last required to conclude the agreement announced in March last year. It is expected formal […]

  • 21 June 2010
    Business & Finance

    CNOOC Limited announced that the Company has completed its acquisition of 24.5% participation interests in Block 15/34 from Devon Energy Corporation (“Devon”) for a total consideration of US$515 million. The transaction was signed on April 30, 2010. CNOOC Ltd. acts as the Operator in Block 15/34. Currently gross production from the block is 49,000 barrels […]

  • 2 October 2017
    Business & Finance

    A £1 million flood prevention scheme in Axminster has been completed, the Devon County Council said in their latest release. The council’s scheme in Willhay Lane, which has widened and realigned the Millbrook culvert to improve its capacity and flow of water, now provides vital protection to over 160 homes. Councillor Roger Croad, Devon County […]

  • 9 March 2007

    An army of volunteers has been brought in to help clean-up beaches littered with debris from a grounded container ship off the Devon coast. About 100 people were recruited in advance to assist in the first public-aided operation at Seaton Beach in east Devon.

  • 7 September 2010
    Business & Finance

    CNOOC Limited  announced today that its parent company, China National Offshore Oil Corporation (“CNOOC”) has signed amendment agreements to the Production Sharing Contracts (PSCs) with Chevron China (“Chevron”), BP China (“BP”) and Devon Energy Corporation (“Devon”) for deepwater blocks 42/05, 64/18 and 53/30 in South China Sea. These agreements have been approved by the Chinese […]

  • 4 March 2008

    An inquiry into the grounding of a container ship off Devon’s World Heritage coast will begin later. The MSC Napoli was deliberately beached in Lyme Bay in January 2007 after it was damaged in storms.

  • 23 August 2013
    Authorities & Government

    After the news that Conservative Parliamentary candidate for North Devon, Peter Heaton-Jones, joined forces with UKIP party chairman Steve Crowther in a fight against Atlantic Array offshore wind farm, Slay The Array campaign group issued the following press release: Slay The Array spokesman Steve Crowther welcomed a new member of the alliance on 22 August, […]

  • 19 October 2007

    Work to cut up the remains of the cargo ship MSC Napoli could still be taking place off the Devon coast as the tourist season begins in spring. The BBC has learnt that the vessel, which is grounded off east Devon, is too heavy to remove intact.

  • 21 April 2008

    A fast-breeding fish found in Devon waters which was threatening native species, has been wiped out from the county, the Environment Agency says. The topmouth gudgeon was discovered in two lakes in east Devon in 2004, and then turned up in the Colaton Raleigh Stream, which feeds the River Otter.

  • 6 June 2012

    RWE npower renewables, the developer of the proposed Atlantic Array offshore wind farm, is still facing objections in North Devon regarding the number of turbines and their size. The campaigning group Slay the Array, claims that RWE’s recent announcement about minimising the initially planned number of turbines was a strategy to make the public think […]

  • 26 September 2014
    Business & Finance

    Together the two Devon ports – Plymouth and Teignmouth – contribute £100 million to the UK economy annually and support 1,548 UK jobs, a new report by independent consultants Arup shows. The new statistics show that, of those totals, ABP’s South West Ports contribute £75 million directly into the regional economy and support 1,113 jobs […]

  • 23 August 2017
    Business & Finance

    Seaton’s local community will have the opportunity to learn more about how the town’s Beach Management Plan (BMP) is progressing at a drop-in session on 30 August, from 3pm onwards, at the Marshlands Center in Seaton, the East Devon District Council said in its latest release.  At the session people will have the opportunity to […]

  • 2 December 2007

    A sailor died after the keel snapped off a yacht, capsizing the vessel hours after it had undergone maintenance work, a Devon inquest heard today. The Max Fun 35 yacht, Hooligan V, sank off the Devon coast at Prawle Point, after its keel came off on 3 February.

  • 15 September 2007

    The world’s largest private yacht, owned by an American millionaire, is in a south Devon harbour. The Eos is more than 90m (about 300 ft) long and is owned by a recluse in the film business.

  • 6 April 2017
    Business & Finance, Project & Tenders

    Following unanimous support for the aims of the Sidmouth and East Beach Management Plan (SEBMP) at the steering group meeting in March, East Devon District Council’s Cabinet voted to adopt the SEBMP at their meeting last night Wednesday 5 April 2017. The SEBMP document, which is the result of extensive research and work by CH2M, […]