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Business & Finance

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Statoil to Supply Natural Gas from NCS to SSE’s Peterhead Gas Power Plant in UK
Business & Finance

Statoil to Supply Natural Gas from NCS to SSE’s Peterhead Gas Power Plant in UK

Statoil and SSE (Scottish and Southern Energy plc) have agreed to enter into a 10 year gas supply agreement to an existing power plant. The companies have signed a heads of agreement for an annual volume of 0.5 billion cubic metres of natural gas, to SSE’s Peterhead gas power plant in Aberdeenshire

about 15 years ago
Boskalis Confirms Contract Award for Design of Offshore Phosphate Project in New Zealand
Business & Finance

Boskalis Confirms Contract Award for Design of Offshore Phosphate Project in New Zealand

Royal Boskalis Westminster N.V. has been exclusively selected by Chatham Rock Phosphate Limited (CRP) to undertake the detailed design of its offshore rock phosphate nodule project at Chatham Rise. Boskalis was selected following a full review of three scoping studies submitted by global dredging co

about 15 years ago
Thailand: Coastal Energy Expects to Start Production Tests on Bua Ban North B in Mid-June
Business & Finance

Thailand: Coastal Energy Expects to Start Production Tests on Bua Ban North B in Mid-June

Coastal Energy Company announces the successful results of the Bua Ban North B-04 appraisal well. The Bua Ban North B-04 well was drilled to 6,000 feet TVD and encountered 64 feet of net pay in the Miocene objective with average porosity of 27%. The B-04 confirms the discovery made by the B-02 well,

about 15 years ago
Boskalis Confirms Contract Award for Design of Offshore Phosphate Project in New Zealand
Business & Finance

Boskalis Confirms Contract Award for Design of Offshore Phosphate Project in New Zealand

Royal Boskalis Westminster N.V. has been exclusively selected by Chatham Rock Phosphate Limited (CRP) to undertake the detailed design of its offshore rock phosphate nodule project at Chatham Rise. Boskalis was selected following a full review of three scoping studies submitted by global dredging co

about 15 years ago
FMC Technologies to Supply Subsea Production Equipment for Statoils Visund Nord, Norway
Business & Finance

FMC Technologies to Supply Subsea Production Equipment for Statoils Visund Nord, Norway

FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Visund Nord offshore development. The contract has a value of approximately $50 million in revenue to FMC Technologies. Visund Nord is a fa

about 15 years ago
Brazil: OGX Reveals Business Plan for Campos and Parnaiba Discoveries
Business & Finance

Brazil: OGX Reveals Business Plan for Campos and Parnaiba Discoveries

OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces today details of the Company’s business plan for the Campos and Parnaíba discoveries. “Following OGX’s discoveries and successful appraisal ca

11 minutes read
Australia: Neptune Appoints Robin King as Chief Executive Officer
Business & Finance

Australia: Neptune Appoints Robin King as Chief Executive Officer

Neptune is pleased to announce that Robin King has been appointed Chief Executive Officer. Mr King was Neptune’s Acting CEO from November 2010 and his permanent appointment represents a mandate to finalise implementation of the restructure plans previously presented to the market. Mr King has almost

about 15 years ago
Germany: Voith Turbo Marine Engineering Develops Voith Offshore Shuttle for Wind Parks
Business & Finance

Germany: Voith Turbo Marine Engineering Develops Voith Offshore Shuttle for Wind Parks

Voith Turbo Marine Engineering has developed the Voith Offshore Shuttle for wind parks. Its special feature: the so-called MOTS-system (Momac Offshore Transport System) is installed at the bow. The new system consists of a swivel arm robot, which allows safe transfers of people and goods from vessel

about 15 years ago
UK: Saab Seaeye Celebrates 25 Years of Existence
Business & Finance

UK: Saab Seaeye Celebrates 25 Years of Existence

This year marks 25 years since Seaeye started in business. Since that time it has grown to become the world leader in design and manufacture of electric underwater vehicles. Innovations flowing from the company have transformed ROV performance and reliability with a number of key developments that h

about 15 years ago
Australia: Neptune Names New Chief Executive Officer
Business & Finance

Australia: Neptune Names New Chief Executive Officer

Neptune announces that Robin King has been appointed Chief Executive Officer. Mr King was Neptune’s Acting CEO from November 2010 and his permanent appointment represents a mandate to finalise implementation of the restructure plans previously presented to the market. Mr King has almost 30 years exp

about 15 years ago
Germany: Official Inauguration Ceremony for Hamburg’s New Cruise Terminal
Business & Finance

Germany: Official Inauguration Ceremony for Hamburg’s New Cruise Terminal

Hamburg. After almost 3 years of preparatory planning and active construction Hamburg’s First Mayor, Olaf Scholz, yesterday officially inaugurated the Hamburg Cruise Center Altona. This represents an important milestone in the city’s continuing development as a major cruise hub. In recent years the

about 15 years ago
Philippines: Nido Petroleum Provides Gindara-1 Drilling Update
Business & Finance

Philippines: Nido Petroleum Provides Gindara-1 Drilling Update

Nido Petroleum Limited on behalf of the SC 54B Joint Venture, provides an interim update on the progress of the Gindara-1 well. On 7 June 2011, the Gindara-1 well was preparing to run the 9 5/8” casing at the revised depth of 3,345 metres MD (3,323 metres TVDss) in the lower section of the Pagasa [&

about 15 years ago
USA: CAMAC Energy Appoints New CFO and New Senior VP, Exploration and Production
Business & Finance

USA: CAMAC Energy Appoints New CFO and New Senior VP, Exploration and Production

CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas,announces the appointment of Edward G. Caminos as Senior Vice President and Chief Financial Officer of the Company, effective as of July 1, 2011, and the appointment of Alan W. Halse

about 15 years ago
Russia: Gazprom Commissions Dzhubga–Lazarevskoye–Sochi Gas Pipeline
Business & Finance

Russia: Gazprom Commissions Dzhubga–Lazarevskoye–Sochi Gas Pipeline

Gazprom commissioned the Dzhubga – Lazarevskoye – Sochi gas pipeline yesterday. Sochi hosted the celebrations devoted to this event participated by Vladimir Putin, Prime Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management Committee, representatives of construction a

about 15 years ago
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