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Business & Finance

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Total Strikes Oil in Deepwater Angola Block 17/06
Business & Finance

Total Strikes Oil in Deepwater Angola Block 17/06

Total announces that its subsidiary, TEPA (Block 17/06) Limited, and Sociedade Nacional de Combustíveis de Angola (Sonangol E.P.), have discovered hydrocarbons in the north-eastern area of the deep offshore block 17/06. Drilled in a water depth of 445 meters, the Canna-1 well discovered hydrocarbons

about 15 years ago
Indonesia: CNOOC Pulls Out of West Madura Offshore Block
Business & Finance

Indonesia: CNOOC Pulls Out of West Madura Offshore Block

Upstream oil and gas regulator BPMigas says it has received a letter from China-based CNOOC asking to withdraw from the West Madura … By Rangga D. Fadillah, (The Jakarta Post) [mappress] Source: The Jakarta Post, May 6, 2011;

about 15 years ago
E.ON Appoints Mike Winkel as New CEO (Germany)
Business & Finance

E.ON Appoints Mike Winkel as New CEO (Germany)

E.ON has appointed Mike Winkel (40) as Chief Executive Officer (CEO) of E.ON Climate & Renewables. As of 1 June he will succeed Frank… (eon) [mappress] Source: eon, May 06, 2011;

about 15 years ago
USA: COSCO, Inocean Showcase New Drillship Design at OTC 2011
Business & Finance

USA: COSCO, Inocean Showcase New Drillship Design at OTC 2011

COSCO (DALIAN) SHIPYARD CO LTD have awarded Inocean a contract for development and basic design of a new compact ultra deepwater drillship, INO-80, suitable for global operation. The design was introduced to the market for the first time on Tuesday (May 3) in Houston at OTC 2011 . “We are delighted

about 15 years ago
USA: Petrobras Concludes its Participation in Largest OTC in Years
Business & Finance

USA: Petrobras Concludes its Participation in Largest OTC in Years

The Offshore Technology Conference 2011, the world’s main event dedicated to offshore oil & gas exploration and production, was wrapped-up Thursday, May 5th. Petrobras showcased, in presentations and at its stand installed at the exhibition fair, its extensive experience in deepwater operations, wit

about 15 years ago
SeaBird Receives Letter of Award for 2D Survey Offshore Indonesia
Business & Finance

SeaBird Receives Letter of Award for 2D Survey Offshore Indonesia

SeaBird Exploration Limited provides an update regarding its business activities as set out below: Aquila Explorer has commenced a short 4D survey in Australia for an oil major and will then commence a multi client survey for one month until mid to end June. SeaBird has also received a Letter of Awa

about 15 years ago
SeaBird Receives LOI for Seismic Survey in Indonesia
Business & Finance

SeaBird Receives LOI for Seismic Survey in Indonesia

SeaBird Exploration Limited provides an update regarding its business activities as set out below: Aquila Explorer has commenced a short 4D survey in Australia for an oil major and will then commence a multi client survey for one month until mid to end June. SeaBird has also received a Letter of Awa

about 15 years ago
Tennet Could Sell More than Planned
Business & Finance

Tennet Could Sell More than Planned

Dutch national electricity grid company Tennet is considering selling more of its investment in Germany than originally planned, the… (dutchnews) [mappress] Source: dutchnews, May 06, 2011;

about 15 years ago
Tennet Could Sell More than Planned
Business & Finance

Tennet Could Sell More than Planned

Dutch national electricity grid company Tennet is considering selling more of its investment in Germany than originally planned, the… (dutchnews) [mappress] Source: dutchnews, May 06, 2011;

about 15 years ago
Malaysia Marine and Heavy Engineering Posts Revenue of USD 1.47 Billion
Business & Finance

Malaysia Marine and Heavy Engineering Posts Revenue of USD 1.47 Billion

On 6th May 2011, the Board of Directors of Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) has approved the consolidated results for the financial year ended 31st March 2011. MHB achieved a revenue of RM4,435.4 million (USD 1.47 Billion) and the Group’s profit before tax improved by 12

about 15 years ago
Norway: Ekofisk Field to Produce for 40 Years More
Business & Finance

Norway: Ekofisk Field to Produce for 40 Years More

Today, the Norwegian government recommended the plans for development and operation (PDO) of the Ekofisk and Eldfisk fields. The project plans (Ekofisk South and Eldfisk II) submitted to the Storting (parliament) today entails investments of about NOK 65 billion. – Ekofisk is the oldest field comple

about 15 years ago
Mining Company Reveals Plans to Explore for Oil Off Abel Tasman National Park Coastline (New Zealand)
Business & Finance

Mining Company Reveals Plans to Explore for Oil Off Abel Tasman National Park Coastline (New Zealand)

A Chinese-backed Australian mining company has revealed plans to explore for oil in the seabed off the Abel Tasman National Park coastline… (stuff) [mappress] Source: stuff ,May 06, 2011;

about 15 years ago
Denmark: Lauritsen Offshore Enters Long-Term Charter Deal with Petrobras for Its Dan Swift Vessel
Business & Finance

Denmark: Lauritsen Offshore Enters Long-Term Charter Deal with Petrobras for Its Dan Swift Vessel

Lauritzen Offshore has fulfilled the first part of its strategy to become an important partner in the offshore services market with special focus on deep water employment offshore Brazil. Recently Lauritzen Offshore’s unique Accommodation and Support Vessel, Dan Swift, was contracted by Petrobras. P

about 15 years ago
Norway: Data Respons Lands USD 5.5 Mln Deal to Provide Embedded Solutions for Offshore Equipment
Business & Finance

Norway: Data Respons Lands USD 5.5 Mln Deal to Provide Embedded Solutions for Offshore Equipment

Data Respons has entered into a 3 year framework agreement with a value of NOK 30 million. The contract covers delivery of embedded solutions for advanced equipment for the offshore market. The customer is a world leader in the design, manufacturing and sales of equipment used in the offshore/mariti

about 15 years ago
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