By Nathalie Stevenson As we near the end of the first year of the project, I wanted to take the opportunity to recap the significant progress that has been made by Narec as we work towards our target to have first demonstrator deployments by the end of 2013/early 2014. Our proposed facility was awar
Statoil Petroleum AS (Statoil) has received consent to carry out drilling and completion on the Alve field and well intervention on the Urd field with the mobile drilling facility West Alpha. The consent includes drilling and completion of well 6507/3-L-4 AH on the Alve field and well intervention i
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that its subsidiary Ocean Rig UDW Inc. has entered into a drilling contract for its 3rd drillship newbuilding Ocean Rig Poseidon. As part of this agreement,
Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p
Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t
Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil. At the meeting, both chairmen agreed to create working groups to analyse new business oppo
Desire Petroleum plc the company wholly focussed on the North Falkland Basin, announces that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director. Aged 50, Eddie qualified as a Chartered Accountant with Touche Ross & Co, leaving in 1988 to join Clyde Petroleum Pl
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
The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta
The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta
More than 5,000 jobs could be generated from the marine renewables industry in the south-west, a new report has claimed. (lowcarboneconomy) [mappress] Source: lowcarboneconomy, January 04, 2011
KBR announced that it has completed the acquisition of the 44.94 percent share interest in M.W. Kellogg Limited (MWKL) previously held by JGC Corporation . With the completion of the transaction, MWKL, which was previously an affiliate of both companies since 1992, is again a wholly-owned KBR subsid
Acergy S.A . and Subsea 7 Inc. announced that the combination between the parties is expected to be completed on January 7, 2011. In light of this, the following is announced: After completion the new company will be known as Subsea 7 S.A. and the restated Articles of Incorporation approved by Acerg
EnCore Oil plc announces that the Varadero exploration well 28/9-2 located in UK Central North Sea block 28/9 was drilled to a Total Depth of 5,205 feet Measured Depth (M.D.) having successfully encountered excellent quality hydrocarbon bearing reservoir sandstones at 4,020 feet M.D. within the targ
