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Business & Finance

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Denmark: Nexans Contracted to Supply DONG Energy with Submarine Cabling for Biggest Offshore Wind Farm
Business & Finance

Denmark: Nexans Contracted to Supply DONG Energy with Submarine Cabling for Biggest Offshore Wind Farm

Nexans, worldwide expert in the cable industry, has been awarded a contract by DONG Energy, based in Fredericia, Denmark, to supply the submarine cables and related accessories for the Anholt Offshore Wind Farm. The order, worth around 30 million euros, also includes the installation and commissioni

about 15 years ago
Important Energy Agreement Inked in Riyadh, Saudi Arabia
Business & Finance

Important Energy Agreement Inked in Riyadh, Saudi Arabia

Together with representatives from 78 countries, Norwegian State Secretary Per Rune Henriksen attended an Extraordinary Ministerial Meeting in the International Energy Forum (IEF) in Riyadh, Saudi Arabia on February 22, 2011. The ministerial meeting marked the 20th anniversary of the IEF cooperation

about 15 years ago
Brazil: OSX Initiates Engineering of Two Wellhead Platforms
Business & Finance

Brazil: OSX Initiates Engineering of Two Wellhead Platforms

OSX initiates engineering services for wellhead platforms – the company’s order book moves foward with WHP-1 e WHP-2. OSX Leasing, a subsidiary of OSX Brazil, an EBX Group Company, initiates the basic engineering of two Wellhead Platforms (WHP-1 and WHP-2). The service will be delivered by Techint E

about 15 years ago
Siemens Secures Order for Borkum Riffgrund 1 Offshore Wind Farm in Germany
Business & Finance

Siemens Secures Order for Borkum Riffgrund 1 Offshore Wind Farm in Germany

Siemens Energy has secured another order for an offshore wind power plant in Germany. For the customer DONG Energy the company will supply up to 89 wind turbines for the Borkum Riffgrund 1 project in the North Sea off the German coast. With a total capacity of 320 megawatts (MW) the wind power plant

about 15 years ago
Australia: ROC Halts Production from Cliff Head Offshore Oil Field
Business & Finance

Australia: ROC Halts Production from Cliff Head Offshore Oil Field

ROC advises that production from the Cliff Head oil field, offshore Western Australia, in which its subsidiary, Roc Oil (WA) Pty Ltd, holds a 37.5% participating interest, has been temporarily suspended since 17 February following advice from BP that it had identified organic chloride in Cliff Head

about 15 years ago
Eni Moves Saipem 10000 Drillship Back to Gawain-1 Well, Offshore Australia
Business & Finance

Eni Moves Saipem 10000 Drillship Back to Gawain-1 Well, Offshore Australia

Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit,WA-362-P. that at 09:00 hours WST (Western Standard Time) on Wednesday, 23 February 2011, the Saipem 10000 drillship was returning to the well location after moving a

about 15 years ago
Superior Energy Services Releases Fourth Quarter and Full Year 2010 Results (UK)
Business & Finance

Superior Energy Services Releases Fourth Quarter and Full Year 2010 Results (UK)

Superior Energy Services, Inc. today announced net income of $3.0 million, or $0.04 per share on revenue of $456.9 million for the fourth quarter of 2010. The results included the following special items, which are primarily non-cash: * Pre-tax impairment charge of $32.0 million for components prima

about 15 years ago
Titanium Resources Group Limited Announces Change of Name to Sierra Rutile Limited
Business & Finance

Titanium Resources Group Limited Announces Change of Name to Sierra Rutile Limited

Further to the announcement on 21 February 2011, the Company is pleased to announce that the filing requirements in relation to the change of the Company’s name to Sierra Rutile Limited have now been completed and dealings under the new name will commence at 8.00 a.m. today. The Company’s TIDM will

about 15 years ago
UK: Ensco Announces 4Q 2010 Results
Business & Finance

UK: Ensco Announces 4Q 2010 Results

Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe

about 15 years ago
Spain: Repsol 2010 Net Income Surges to EUR 4.7 Billion
Business & Finance

Spain: Repsol 2010 Net Income Surges to EUR 4.7 Billion

Repsol posted net income of 4.693 billion euros for 2010 compared to 1.559 billion euros in the previous year. Excluding extraordinary items, recurring net profit improved 54.9% to 2.360 billion euros. The 2010 earnings increase is mainly due to the good performance of the company’s ongoing activiti

about 15 years ago
JD Neuhaus Shows its Subsea Hoists at CeMAT International Material Handling Fair (Germany)
Business & Finance

JD Neuhaus Shows its Subsea Hoists at CeMAT International Material Handling Fair (Germany)

J D Neuhaus, one of Europe’s foremost materials handling and lifting specialists, are exhibiting on stand number E58, hall 12 at the CeMAT… (mhwmagazine) [mappress] Source: mhwmagazine ,February 24, 2011;

about 15 years ago
Noble Corporation Secures LOI for Noble Jim Rig to Operate for Shell in GoM
Business & Finance

Noble Corporation Secures LOI for Noble Jim Rig to Operate for Shell in GoM

Noble Corporation announced that the Company has secured a Letter of Intent (“LOI”) with a subsidiary of Royal Dutch Shell plc for the 12,000 foot ultra-deepwater semisubmersible Noble Jim Day to operate in the U.S. Gulf of Mexico. Under the terms contemplated by the LOI, the effective date of the c

about 15 years ago
Alexey Miller and Nicolas Sarkozy Discuss Russian-French Energy Sector Cooperation
Business & Finance

Alexey Miller and Nicolas Sarkozy Discuss Russian-French Energy Sector Cooperation

Paris hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nicolas Sarkozy, President of France. The parties considered cooperation between Russia and France in the energy sector placing a special emphasis on the progress with joint projects of Gazpr

about 15 years ago
Australia: Origin Reports Strong Operational Performance
Business & Finance

Australia: Origin Reports Strong Operational Performance

Origin Energy Limited (“Origin”) today reported that Underlying EBITDA was up 16 per cent to $818 million on the prior corresponding period. Importantly, Underlying EBITDA before exploration expenses was $915 million, up 26 per cent and Group operating cash flow after tax of $794 million was up 87 p

about 15 years ago
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