Japan Oil, Gas and Metals National Corporation decided to provide equity capital finance to a subsidiary of Mitsubishi Corporation for an exploration project off Western Australia. Diamond Resources Exmouth Pty. Ltd. (“DRE”), a wholly-owned subsidiary of MC, has recently entered into a 25% farm-in-a
Having long been a front-runner in the installation of renewable energy and onshore wind farms in particular, Germany has finally… (istockanalyst) [mappress] Source: istockanalyst, May 16, 2011;
After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com
Bahamas Petroleum Company plc, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces preliminary evaluation results from the fully processed 2011 PSTM and 2010 PSDM 2D seismic data, set out in an Exploration Update Report . The Report include
After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com
Expert authorities and government departments in Sweden, Malta and Cyprus have decided to support Hexicon in the EU investment program for renewable energy NER300. Hexicon, a Swedish company specializing in large-scale, floating platforms for wind and wave power, might together with local partners t
Electromagnetic Geoservices ASA (EMGS) announces that, on the basis of the new production licences awarded to its customers in the 21st Licensing Round on the Norwegian Continental Shelf, it expects to realise uplift revenues of USD 5.4 million from the Barents Sea multi-client 3D EM campaign in 201
P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a total o
P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has today signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a t
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Galahad-1 well located in the outer Exmouth Plateau permit, WA-363-P, that at 07:00 hours WST (Western Standard Time) on Monday, 16 May 2011, the well had reached its total depth (TD) of 3448m MDRT (measured depth below rota
The Cabinet Committee on Economic Affairs approved the proposal for acquisition of a new Research Vessel (RV) by Geological Survey of India (GSI) for seabed survey and exploration for non-living resources etc., as a replacement of RV “Samudra Manthan” at a revised cost estimate of Rs.549.50 crore. T
The George H.W. Bush Carrier Strike Group (GHWB CSG) departed for its maiden deployment May 11. The strike group, led by the Navy’s newest aircraft carrier, USS George H.W. Bush (CVN 77), and its nearly 6,000 Sailors; is scheduled to conduct operations in the U.S. Navy’s 6th and 5th Fleet areas of r
Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a NOK18m (£2m) deal contract with AGR to use its innovative Riserless Mud Recovery technology (RMR®) in the North Sea. The contract, which lasts until the end of March 2013, is for multiple wells on E.ON Ruhrgas’s Huntington Field in the UK sect
Following a NOK18m (£2m) deal, AGR Drilling Services has an important new client for its Riserless Mud Recovery system (RMR®). Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a contract with AGR to use its innovative RMR® technology in the North Sea. The contract, which lasts until the end of
