Plans to transform a North Sea fabrication yard into a key energy industry hub serving the renewables and oil and gas sectors have taken a major step forward. The Global Energy Group was today (Tuesday 25 January, 2011) formally named preferred bidder for Nigg yard, on the Cromarty Firth in the High
NaiKun Wind Energy Group Inc. (TSX-Venture: NKW) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. NaiKun Wind Energy Group Inc. is a British Columbia-based renewable energy com
Specialist oil and gas supply and service company L&N (Scotland) have appointed Craig Finnie to Operations Director while Mike McArtney takes on a new role as Business Development Director. Mr Finnie has been with L&N for nine years, most recently as operations manager, and will have responsibility
Eni announces today that it has been awarded participation and operatorship of Block 35 by the Angolan Juri for the bid round, composed of representatives from the Ministry of Petroleum, Sonangol and the Ministry of Finance. The block is located in deepwater offshore Angola, 150 km off the coast of
Sapuracrest Petroleum Bhd (Sapcres) has received a Letter of Award (LOA) worth US$31.5 million from PC Myanmar (Hong Kong) Limited (PCML)… [mappress] Source:Btimes, January 26, 2011;
Deep Sea Supply announces that it has today entered into an exclusive partnership agreement with two Malaysian partners, Efogen Sdn Bhd and a Malaysian government owned investment fund. The rationale behind the partnership agreement is to get access to the growing offshore supply market in Malaysia
Hess Corporation reported net income of $58 million for the fourth quarter of 2010 compared with net income of $358 million for the fourth quarter of 2009. Fourth Quarter Highlights: • Net income was $58 million compared with $358 million in the fourth quarter 2009 • Items affecting comparability in
The wind energy sector is on an upswing. Installed power worldwide, totalling 203,000 MW in 2010, will rise to 1,900,000 MW in 2020. TÜV SÜD supports manufacturers, engineering and construction companies and operators of wind turbines by providing comprehensive safety, reliability and profitability
Scana Industrier ASA has through it’s subsidary Scana Offshore Vestby AS, been awarded a LOI (“Letter of Intent”) to deliver 16 offloading systems to Brazil. The LOI is issued by the Brazilian company Engevix Construcões Oceânicas S.A, and covers eight Floating Production Storage and Offloading vess
Saipem has been awarded new offshore and onshore drilling contracts worth approximately US$320 million. Saipem has been awarded the contract by Addax Petroleum to extend the charter of the semi-submersible rig Scarabeo 3 for drilling activities in Nigeria, for the duration of 6 months starting from
Vestas, the world leader in wind energy, has officially opened a new office in the Romanian capital of Bucharest, showing confidence in the development of the Romanian wind energy market and preparing Vestas for future growth in one of the most promising markets in Eastern Europe. The office will se
RWE Dea Egypt announced today that it made a gas discovery in its own operated North El Amriya concession. The successful testing of the reservoir opens chances of further future discoveries in the licence. The NEA 3x discovery is located in the offshore North El Amriya concession, some 40 kilometer
Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 16/1-15 in PL338 has commenced. The well will target the Tellus prospect, which is situated immediately to the north of the Luno field. The main objective of well 16/1-15 is to test Jurassic/Triassic age sandstones an
Pride International, Inc. today announced that the company has dedicated and accepted delivery of the Deep Ocean Mendocino, the third new deepwater drillship to be added to the Pride International fleet, during a ceremony at the Samsung Heavy Industries Ltd. (SHI) shipyard in South Korea. The Mendoc
